Real Estate
INS: Romania Construction Works Rise In October
Romanian construction works rose 4% in October from a month earlier, due to stronger activity in most sectors, the statistics institute INS said Monday.
Construction Equipment Market Drops To 20% Of What It Used To Be In Glory Years
The construction equipment market has this year fallen to 20% of what it used to be during 2007-2008, according to Business Construct magazine.
Insolvent Residential Compound Silver Mountain In Brasov Values Over EUR80M
The value of insolvent residential compound Silver Mountain in Poiana Brasov, central Romania, exceeds EUR80 million, firm EuroInsol, the court-appointed administrator of the project company...
Green Glass To Invest EUR2M Next Year To Expand Glass Recycling Plant
Green Glass, part of Green Group, will invest EUR2 million next year in expanding its glass recycling plant in Popesti-Leordeni, just outside Bucharest, which cost EUR4 million to set up.
Bucharest Shopping Center Cocor To Undergo Repositioning To Attract New Tenants
The Cocor shopping center in downtown Bucharest, which is 71% occupied, will undergo repositioning, in a move to attract new tenants, and the operation will be implemented by DTZ Echinox, wh...
50 Largest Builders See EUR3.5 Billion Revenue A Year
The construction sector estimated at EUR9 billion to EUR10 billion a year employs 350,000 people or 8% of the total employees in Romania but is unable to find a balance after the reduction o...
Office Spaces In Pipera Area 70% Leased By Companies With Over 200 Employees
Approximately 70% of office spaces in Pipera area (northern Bucharest) is leased by large corporations, according to a recent analysis by Global City Business Park, one of the major office p...
Apartment Rental Rates In Bucharest Fluctuated In Past 12 Months
Property rents in Romania’s capital city Bucharest saw a decline over the past year, mainly in prime areas where rental prices fell by up to 12.5% for two-room apartments, while rental rates...
DTZ: Companies Can Save 30% By Adjusting Workplace Density
Companies renting office space can save up to 30% on costs by re-examining the amount of space allocated to each employee, as wityh the evolution of technologies there are companies where fe...