Real Estate
One United Properties Secures EUR47M Financing From Banca Transilvania
Real estate developer One United Properties (BSE:ONE) has announced in a stock market report on Wednesday (June 19) that its subsidiary One United Tower had contracted a bank financing of EU...
Two Financial Services Firms Lease 1,500 Sqms of Office Space in America House Office Building
America House, the office building having among shareholders Morgan Stanley and David Hay, has added to financial services multinationals, VSR and Ebury, to its tenant mix.
METAV Start EUR40M Residential Development In Pipera, North Of Bucharest
Real estate developer METAV has started construction of a new residential complex, Bellemonde, in Pipera, north of Bucharest, after securing the construction permit from the authorities of t...
Real Estate Developer Mitiska REIM Gets EUR19M Loan To Finance Retail Park In Pitesti
Real estate developer Mitiska REIM has obtained a loan of EUR19 million from Erste Group Bank AG to finance its newest retail park in Pitesti, with BCR acting as security agent.
Cristina Lupascu Appointed Head of Marketing At Cushman & Wakefield Echinox
Real estate consulting company Cushman & Wakefield Echinox has appointed Cristina Lupascu, a specialist with more than 20 years of experience in media and real estate, to the position of Hea...
Statistical Data: 11,360 Housing Units Put Into Use In Romania YoY In Q1/2024
A total 11,360 housing units were put into use in Romania in the first quarter of 2024, fewer by 3,969 units (-25%) than in the same period of 2023, data from the country’s statistics board...
iO Partners: Lack Of Office Space Deliveries In Bucharest Forces Companies To Plan Future Lease Contracts Way In Advance
The decrease in demand for office spaces in Bucharest after the pandemic period reflected in the volume of pre-leases, which saw a reduction of over 50% between 2020 and 2023, as per an iO P...
Romania Sees Fewer Real Estate Deals In May 2024 vs Year-Earlier Period
The number of real estate deals in Romania, which includes houses, lands and apartments, stood at 43,601 in May 2024, lower by 13,598 than in the same period of 2023, data from the national...
Forty Management Finalizes Lagoon Park Bucharest Project In Wake Of EUR33M Investment
Forty Management, a Romanian developer of real estate projects with mixed destination and green urban reconversion, has announced that it will inaugurate on June 12 the Lagoon Park Bucharest...