Real Estate
RE/MAX Brokered Real Estate Transactions Worth EUR100M In 2016
Franchise of real estate agencies RE/MAX Romania brokered over 1,000 real estate transactions in 2016, worth a total EUR100 million, 130% higher than in 2015.
Eurostat: Romania Ranks First In The EU By Production In Construction In January 2017
Romania saw the biggest increase in production in the construction sector (+5.1%) in the EU, in January 2017, compared with December 2016, followed by Hungary (+4.6%) and Slovakia (+3.3%), a...
Tiriac Returns To Real Estate Market, Plans To Build Homes For Corporate Employees In Bucharest, Timisoara And Brasov
The Tiriac Group of billionaire Ion Tiriac will soon begin new residential projects in Bucharest, and in the major cities in Romania, where the real estate market is on the rise.
Coldwell Banker: Some 45,000 Apartments Expected To Be Sold In Bucharest In 2017
The number of apartments to be sold in capital Bucharest in 2017 is expected to reach some 45,000 units, which translates into an increase of 10% at most compared with 2016, said Gabriel Voi...
Petre Niculae Has Built 25 Real Estate Projects In Bucharest
Petre Niculae is a very discreet entrepreneur about whom not much information is available. He was once a shareholder in oil products trader Oscar Downstream.
Forte Partners Fully Leases The Bridge
Forte Partners, the developer of office space project The Bridge in the Orhideea area in capital Bucharest, is in advanced talks with IBM officials in order to lease office space of 18,000 s...
BT Chief Economist: Romania’s Construction Sector To See Annual Average Rise Of 4.4% In 2017-2019
Romania’s construction sector is expected to see an annual average increase of 4.4% between 2017 and 2019, amid perspectives of continuing the post-crisis economic cycle, eliminating the spe...
DTZ Echinox Rebrands As Cushman & Wakefield Echinox
Cushman & Wakefield, a leading global real estate services firm, has signed an exclusive arrangement with DTZ Echinox as its affiliate in Romania.
Strabag In Talks To Buy 3.8 Ha Plot Near Otopeni Airport
Strabag group is negotiating with fellow Austrian-held S+B Gruppe to buy a 3.8 hectare plot of land near the Otopeni Airport, market sources say.