Real Estate
JLL: Bucharest Office Market Attractive For IT, Telecom, Outsourcing Companies
Bucharest office market continues to be attractive for IT, telecom and outsourcing companies, with 370,000 sqm of spaces delivered in 2016, of a total stock of 2.7 million sqm, followed by I...
JLL: Industrial Space Demand Can Reach Record Levels If Economy Continues to Perform
Spaces delivered on the industrial segment in Romania totaled 340,000 sqm this year, according to a report of real estate consulting firm JLL.
French Catinvest Group About To Buy Electroputere Mall In Craiova
French-held Catinvest group, which owns three shopping galleries in Romania, in Cora Pantelimon, Carrefour Orhideea and Tom Constanta, is about take over the Electroputere mall in Craiova in...
S IMMO AG Starts Works On Bucharest-Based Office Project The Mark
Austrian real estate developer S IMMO AG has started works on office compound THE MARK located in capital Bucharest, the first major office project developed in Bucharest’s central business...
AFI Europe Romania Starts Developing AFI Tech Park Office Project
Property developer AFI Europe Romania will start development of its AFI TECH PARK project, a business park with a rentable area of 50,000 square meters, the company said Monday.
NEPI Leaves London Stock Exchange AIM Market
South-African investment fund New Europe Property Investments (NEPI), the largest player on the Romanian real estate market, has decided to delist its shares from the AIM market in London.
Farmland Deals Amount To More Than EUR8M In January-September
Some 1,500 hectares of farmland were sold at an average price of about EUR4,340 per hectare or a total of more than EUR8 million from January through early September, according to the data o...
Biggest Logistics Park In Romania Up For Sale In European Deal
The most important logistics park in Romania, P3, is part of a global deal TPG Real Estate and Ivanhoe Cambridge are discussing with GIC, the sovereign investment fund of the Singapore gover...
Low Prices Boost Luxury Housing Segment
Sales of luxury housing units increased over the last five years, accounting for 5% of the overall real estate market, considering that prices remain significantly lower than in 2008.