Real Estate
Den Braven Romania’s Production Capability Too High For Local Market Only
Constructions materials producer Den Braven Romania, the local unit of Dutch group Den Braven, exports over half of its production, said Dan Miculescu, head of the company’s local operations...
Housing Construction Up 11.6% In First Quarter
Romanian housing construction was up 11.6% on the year to 9,232 units in the first quarter, mostly fueled by rising investment in urban areas, the country’s statistics institute INS said Fri...
The Advisers Changes Name To Knight Frank Romania
Real estate consulting company The Advisers, run by Romanian Horatiu Florescu, will take the name of international group Knight Frank, with which it was associated in the last six years.
Portland Trust To Construct New Office Building For Oracle Expansion In Bucharest
Real estate developer Portland Trust will construct a new office building in Bucharest, Oregon Park, where Oracle, one of the biggest players on Romania’s IT market, is likely to rent around...
European Property Federation Chairman: Romania’s Real Estate Market Offers Highest Yields In CEE
The real estate market in Romania is growing and becoming increasingly attractive to developers and investors because of its yields, says Joseph Houlihan, Chairman of the Managing Committee...
Hercesa To Start Works On 3rd Stage Of Residential Compound Vivenda In September
Spanish real estate developer Hercesa will start works on the third stage of residential compound Vivenda Residencias in capital Bucharest, in September, within an investment estimated at EU...
Morad Group Starts Work On Two Buildings In Onix Residence In EUR12M Investment
Real estate developer Morad Group has started construction works on two new apartment buildings in its Onix Residence compound in Bucharest, in an investment estimated at EUR12 million.
Liviu Tudor To Invest Minimum EUR20M In Expansion Of Novo Park, West Gate Business Parks
Liviu Tudor, the owner of West Gate (Militari) and Novo Park (Pipera) business parks through Genesis Development, stated that the two projects will be extended by one building each, given th...
Romania Housing Permits Up 3.1% To 3,355 In April
Romanian housing permits went up 3.1% to 3,355 units in April, from 3,253 units a month earlier, the country’s statistics institute INS said Thursday.