Real Estate
Impact Borrows RON22.3M From Banca Transilvania For Residential Project
Romanian real estate developer Impact Developer&Contractor (IMP.RO) will borrow RON22.3 million (EUR5 million) from Banca Transilvania (TLV.RO), to develop real estate project Cartierul Salc...
Romanian Leasing Market Rises 21% In Jan-Sept, Seen At EUR1.6B By Year-End
Romania's leasing market increased 21% on the year in January-September, to around EUR1.18 billion, with a similar growth rate on the vehicle segment, a pace expected to keep up until the en...
Drugmaker Sintofarm Wants To Become Real Estate Company
Shareholders of drugmaker Sintofarm (SINT.RO) will meet on December 21 to decide on the sale of equipment, brands and other assets except for buildings, and on renaming the company Imosint a...
Office Market In Romania’s Large Cities, Except Bucharest, Up 46% In January- September
The office market in large Romanian cities, except capital Bucharest, rose 46% on the year in January-September 2015, to 37,417 leasable square meters, and the largest traded areas are in th...
DTZ Echinox: Four Romanian Communes And Three Towns In Ilfov On Top By New Homes Delivered In 2014
Four Romanian communes and three towns in Ilfov county are in top 15 by new homes delivered in 2014, outranking big cities like Iasi, Ploiesti, Galati or Sibiu, according to a DTZ Research s...
Five Biggest Office Space Deals In Bucharest Total EUR200M
Five deals involving sale of office buildings in Bucharest worth EUR180 million to EUR200 million together have been announced and closed or should be closed by the end of this year, ZF has...
Globalworth Secures Foothold Around Aurel Vlaicu Subway Station With Five Office Buildings
Real estate investment firm Globalworth founded and run by Greek businessman Ioannis Papalekas now owns five office buildings in the Calea Floreasca-Barbu Vacarescu area, close to the Aurel...
ERA Taps Romanian Real Estate Brokerage Market
American franchisor of residential real estate brokerage ERA entered the Romanian market and is hoping to reach a total 50 franchisees in three years and to have 100 brokers and agencies, in...
Globalworth Buys Skanska’s Second Building Of Green Court Office Compound In EUR47M Deal
Real estate investment firm Globalworth, founded and run by Greek businessman Ioannis Papalekas, has bought the second building of the Green Court office compound in Bucharest from Swedish-h...