Real Estate
Statistical Data: 25,936 Housing Units Put Into Use In Romania In H1/2024, 19% Fewer YoY
A total 25,936 housing units were put into use in Romania in the first half of 2024, fewer by 6,141 units (-19%) than in the same period of 2023, data from the country’s statistics board INS...
River Development Becomes SEMA Real Estate in Wake of Rebranding Process
Local real estate developer and investor River Development, controlled by entrepreneur Ion Radulea, is changing its name to SEMA Real Estate in the wake of a rebranding process.
Iulius Project On Former Carbochim Site In Cluj-Napoca To Be Called Rivus
The urban reconversion and regeneration project in Cluj-Napoca developed by Iulius on the former site of the Carbochim plant will be called Rivus, the group announced. It will have a total l...
CPI Romania Signed Lease Contracts For 41,500 Sqm Of Office Space In 2024
CPI Romania, part of CPI Property Group, has signed lease contracts for a total area of 41,500 square meters of office space, so far in 2024.
Romania Reports 51.067 Real Estate Deals For August 2024
The number of real estate deals in Romania stood at 51,067 in August 2024, 5,954 fewer than in July 2024 and 8,358 fewer than in August 2023, data from the national cadaster agency ANCPI sho...
Cushman & Wakefield Echinox: Office Demand Posts Strong Rebound in Bucharest in Q2/2024
Around 77,000 square meters of offices were traded in Bucharest in the second quarter of this year, with net demand posting a strong recovery, with a 62% share of traded volumes, the biggest...
2024, First Year With No Major Office Building Delivered
The pandemic, the rise in interests and material prices, the work for home and the acute shortage of construction permits in the past four years have put so much pressure on the office space...
Strabag To Build The Arc For PPF
Czech Republic’s PPF has announced the start of the office space project The Arc in the Orhideea area in Bucharest and chose Strabag as general contractor.
Average Old And New Apartment Prices Up 17% YoY In August 2024
Average sale prices of apartments, both old and new, increased by 17% in August compared with the year-ago month, the latest data from Storia, the real estate platform of OLX, show.