Real Estate
Entrepreneur Ionut Nicolescu Set to Invest EUR12M in 47-Villa Compound near Brasov
Real estate developer Grand Development, founded by Ionut Nicolescu, is set to invest EUR12 million in Montebello Transylvania Resort development, a 47-villa compound located near Brasov.
Comnord Development To Start Works On New Residential Project In Northern Bucharest In September 2023
Real estate developer Comnord Development said on Wednesday (July 5) that it would invest EUR30 million in a luxury residential project in northern Bucharest.
Old Three-Room Apartment Prices Flat In Bucharest In June
The asking prices of the old three-room apartments in Bucharest slowed down in June as the annual growth reached a mere 0.5% or EUR550 year-on-year to EUR109,750, the ZF real estate index co...
Aro-Palace Teams Up With ACCOR For Reopening Of Capitol Hotel In Late 2025
Hotel company Aro-Palace (ARO.RO) said in a stock market report on Tuesday (June 27) that it was teaming up with ACCOR, a world-leading hospitality group, for the reopening of the Capitol Ho...
Redport Capital Set To Start Phase 3 Of EUR60M The Level Apartments Project
Redport Capital has completed the second phase of The Level Apartments residential complex in Straulesti-Damaroaia area of Bucharest and is starting the third phase.
CBRE: Demand For High-Quality Office Spaces In Capital Bucharest On The Rise
A survey by real estate consulting firm CBRE shows there is great demand for high-quality office spaces on the local market, which will keep the demand for development or refurbishment proje...
Banca Transilvania Leases 10,000 Sqms of Office Space in Globalworth’s Green Court Project
Banca Transilvania, Romania’s largest bank, has signed with Globalworth, leader of Romania’s office market and the most important investor in office buildings of ECE, a leasing contract for...
Andrzej Wronski To Take Over As Managing Director Of Logistics Space Developer P3 Romania As Of July 1
P3 Logistic Parks (P3), a long-term investor, owner, developer and manager of logistics properties in Europe, announced that Andrzej Wronski, Group Head of Asset Management within the compan...
Genesis Property Set to Turn Novo Park into Yunity Park in EUR50M Investment
Real estate developer Genesis Property has started turning business park Novo Park of northern Bucharest into Yunity Park, a new real estate concept, a EUR50 million investment.