Real Estate
Owners Of Mercure Hotel In Bucharest To Invest EUR10M In An Ibis
The Dogariu family, who owns the four-star Mercure Hotel in downtown Bucharest, plans to invest EUR10 million in another hotel also in Bucharest, market sources say.
Investors In South Africa, USA And Singapore Target Real Estate Projects In Romania
Investors outside of Europe were involved in nearly 70% of the value of real estate transactions carried out in 2016, and most of them come from Singapore, South Africa and the United States...
Austria’s Strabag Seeks To Sell JW Marriott Hotel In Bucharest
Austria’s Strabag group is looking into selling the five-star JW Marriott Hotel in Bucharest, one of the biggest and best-known on the market. The sale has attracted interest from foreign an...
The Bridge To Host Biggest Restaurant In An Office Building In Bucharest
Business center The Bridge, developed by the group Forte Partners in capital Bucharest, will host the biggest restaurant within an office building in Bucharest, called Boutique Food Hall, wh...
Real Estate Developers Drusal And Florisal To Open EUR25M Project In Cluj This Spring
Real estate developers Drusal and Florisal will be opening in Cluj Napoca a new real estate project, called Platinia, which combines three functions, namely, retail, aparthotel and residenti...
Balaban, CBRE: Romania Attracts More And More Automotive Investments
The already existing infrastructure and the connection to Western Europe along with higher education institutions and already developed supplier network in Timisoara, Sibiu, Brasov and Orade...
Imobiliare.ro: Apartment Prices In Romania Rose 1.5% In February
Average prices of apartments put up for sale across Romania rose 1.5% on the month in February, to EUR1,080 per sqm, and also increased 6.4% compared with EUR1,015 per sqm in February 2016,...
Esop Consulting Assists U.S. Firm Harman In Leasing 7,700 Sqm Within Immofinanz’s Metroffice
Harman, an American company that designs and engineers connected products for automakers, consumers and enterprises worldwide, signed a lease contract for 7,700 square meters in Metroffice o...
Calea Victoriei Revived By New Tenants
Calea Victoriei, one of the famous boulevards of Bucharest and an important shopping area seems to have gotten a new life after new retailers took the courage to open stores there.