Real Estate
C&W Echinox: Center–West Office Hub Becomes Largest Office Submarket In Bucharest, Outranking Floreasca – Barbu Vacarescu Area
The Center – West area (Politehnica, Orhideea, Cotroceni) has become the largest office submarket in capital city Bucharest, outranking for the first time the Floreasca – Barbu Vacarescu are...
One United Properties Sells One Athénée For EUR24M To Romanian Investor
One United Properties (ONE.RO), the most active real estate developer in Romania, has signed a pre-sale agreement for One Athénée for EUR24 million, the company said in a report.
WNS Global Services Extends Lease Contract For Offices In West Gate Business District Developed By Genesis Property
WNS Global Services, a global leader in Business Process Management (BPM), extends their lease agreement for 3,800 square meters of office space in the H5 building located in the West Gate B...
COS Ends 2022 With 32% Higher Turnover Of EUR28M
COS (Corporate Office Solutions), the leading provider of design solutions and furniture mostly for office spaces, had a turnover of EUR28 million in 2022, up 32% compared to 2021.
Romanians, Most Active Investors on Local Real Estate Market, with Acquisitions of over EUR1.1B in Past 5 Years
Romanian investors have in the past five years purchased real estate properties worth EUR1.1 billion, accounting for 28% in the overall volume traded in this period, becoming the most dynami...
MedCity Buys 1,000-Sqm Building in Timisoara from FF Group
MedCity, a developer of buildings for the healthcare field part of SofMedica group specialized in medical equipment wholesale, has bought an over 1,000-sqm building in Timisoara from FF Grou...
Grand Hotel Bucharest Ends 2022 With RON26.8M Revenue, Up Nearly 43% YoY
Grand Hotel Bucharest, the former Intercontinental hotel, managed by Compania Hoteliera Intercontinental Romania (RCHI.RO), had a turnover of RON26.8 million in 2022, up 42.9% from 2021, and...
Colliers: 1Q/2023 Apartment Sales Down 23% Nationwide, 22% in Bucharest
In the first quarter of this year, the number of apartments sold nationwide was 23% lower than in the same period of last year. In Bucharest, 22% fewer apartments were traded.
Speedwell Plans To Invest EUR500M In Developing CityZen Project On Former Griro Platform
Speedwell is announcing for the first time its intention to build the CityZen mixed-use project on a nine-hectare plot of land on the former Griro platform in capital city Bucharest, within...