Real Estate
SIF Oltenia’s Shopping Mall Reaches 93% Occupancy Rate
Shopping mall Mercur (MRDO), located in downtown Craiova and 93.3% controlled by regional investment fund SIF5 Oltenia (SIF5.RO), has an occupancy rate of 93%, after undergoing renovation ov...
Forte Partners Selects Bog’art As General Entrepreneur For First Stage Of The Bridge Project, Worth EUR60M
Forte Partners, one of the most active real estate developers on the Romanian real estate market, has selected Bog’art company as general entrepreneur for the first stage of The Bridge proje...
AFI: Office Buildings Must Be Closer To Residential Areas
Construction of new office space projects in the south of Bucharest will help reduce traffic in the north of the city and make things better for employees who will be able to spend more time...
Real Estate Consultants Expect Further Growth
The real estate consultancy market in Romania, where about ten local and international companies operate, is estimated at some EUR30 million, and consultants expect growth based of the major...
Study: Three In Ten Romanians Are Fully Satisfied With Their Recent Property Choice
Only three in ten Romanians are fully satisfied with their recent property choice, mainly complaining about the distance to the city center, the inexistence of a park nearby, the lack of par...
Infrastructure Work Delay And Debt Discharge Law Hurt Real Estate Market
The office space market in Romania remains polarized between major development centers like Bucharest, Cluj, Timisoara and Constanta and less developed cities, with low builder interest.
A UniCredit Division, The Largest Tenant Of Office Building UBC 6 Within Palas Iasi
Iulius Group, one of the largest players in the local industry of retail centers and office space, has completed the sixth office building United Business Center (UBC 6) located in multipurp...
Margescu, Forte Partners: Bucharest Has Several Areas With Development Potential In Office Sector
Bucharest has several areas with development potential in the office sector in the upcoming period, said Geo Margescu, Forte Partners CEO and founder, speaker at ZF Offices&Residential 2016...
Vastint Starts Construction Of New Office Project
Vastint Romania, the real estate division of Inter IKEA group controlled by Swedish billionaire Ingvar Kamprad, who controls the IKEA network, is starting the construction of office project...