Real Estate
New Residence To Complete 2nd Residential Compound In Romania, In 2017, An EUR10M Investment
New Residence, a project developed in Romania by investment fund British Romanian Investment Partnership (BRIP), will complete, in 2017, the second residential compound, located in Drumul Ta...
Romania 1Q Apartment Prices Post Second Largest Growth Rate In Last 3 Years
Average prices of apartments put up for sale across Romania rose 4% on the year in January-March 2017, the second largest growth rate in the last three years, according to a report by Analiz...
Bog’art Turnover At EUR120M In 2016
Bog’Art company, controlled by businessman Raul Doicescu, reported a turnover of EUR120 million in 2016, versus EUR105 million in 2015, while the group’s turnover reached EUR160 million.
Coldwell Banker: Over 25,000 Homes Under Construction In Romania’s Main Cities
Over 25,000 housing units are under various stages of development and are due to be delivered in 2017 in Romania’s main regional residential markets, such as Bucharest – Ilfov, Cluj – Napoca...
Office Space Demand In Bucharest Reached Nearly 100,000 Sqm In 1Q/2017
Transactions in the first three months of 2017, in capital Bucharest, took the demand for new office space to 97,300 square meters, with the average value of a transaction rising to 2,400 sq...
Old Office Space Buildings Come With Highest Asking Rent
Seven of the ten most expensive office buildings in Bucharest by asking rent were built in very good locations before 2009, especially around Piata Victoriei, Piata Presei and Charles de Gau...
Marius Scuta, JLL: Downtown Bucharest Remains Ok For Central Headquarters And IT Firms
Many companies moved their central headquarters from downtown Bucharest to Barbu Vacarescu because they cut rental costs from EUR18.5 per square meter toward EUR15/sqm, and the difference of...
Vacancy Rate Of Bucharest Office Space Falls Below 10%, For First Time In Last Eight Years
The vacancy rate of office space in capital city Bucharest fell for the first time in the last eight years, below 10%, to 9.8%, with vacant spaces reaching approximately 250,000 square meter...
Vastint Announces First Tenants For Office Space Within Project Timpuri Noi Square
Vastint Romania concluded lease contracts with dcs plus and Impact Hub Bucuresti for a total surface area of 3,350 square meters of office space within mixed development Timpuri Noi Square i...