Real Estate
Cushman & Wakefield: Romania Attracted EUR440M Realty Investments In First Three Quarters Of 2016
Romania registered one of the lowest yields of newly-built constructions in Eastern Europe, in the third quarter of 2016, being outranked only by Turkey, according to a study by American rea...
Central-Western Area Beats North of Bucharest By Office Space Demand
Bucharest’s central-western area saw almost 40% of the demand for office space last year, compared with 31% for Floreasca-Barbu Vacarescu and Dimitrie Pompeiu, real estate consultant JLL say...
Aberdeen Asset Management Sells Bucharest-Based Office Building Construdava To AdamAmerica
Bucharest-based office building Construdava was sold by investment group Aberdeen Asset Management Deutschland AG to realtor AdamAmerica, real estate consulting firm Colliers International,...
Altex Signs Lease Contract For 15,000-Sqm Warehouse
Altex, one of Romania’s largest retailers of electronics, home appliances, IT&C and multimedia products, signed a new lease contract for a warehouse of 15,000 square meters in P3 Bucharest,...
Esop: Volume Of Office Space Delivered On Romanian Market Tripled In 2016
The volume of office space delivered on the Romanian market in 2016 was three times higher than the volume reached in 2015, totaling over 280,000 square meters, the same as the total level r...
Year Of Provincial Malls: Satu Mare, Bistrita, Oradea And Ramnicu-Valcea New Cities For Developers To Conquer
Almost 150,000 square meters of modern retail space will open in Romania this year, following more than EUR200 million investments, without any major project, though.
GIC Completes Acquisition Of Czech Group P3
Singapore’s sovereign wealth fund GIC has completed the acquisition of Czech group P3, one of the a leading pan-European owners, developers and managers of logistics properties, from TPG Rea...
Imobiliare.ro: Apartment Prices, Romanians’ Demand And Purchasing Power Rose In 2016
The average price for apartments put up for sale across Romania rose 10.7% over the last 12 months, from EUR951 per useful square meter at the end of 2015, to EUR1,053 per square meter in De...
2016 In Review: Ten Most Important Events In Real Estate And Construction Sector
Only 18 kilometers of highway were inaugurated in 2016, while private investors in retail and office space spent hundreds of millions of euros.