Real Estate
Romania Reports 47,261 Real Estate Deals For February 2023
The number of real estate deals in Romania stood at 47,261 in February 2023, 13,987 more than in January 2023, data from the national cadaster agency ANCPI showed on Monday (March 6).
Port Operator Oil Terminal Starts Talks with Iulius Group over 38 Ha Plot in Constanta
State-run Oil Terminal (OIL.RO) received approval from the Energy Ministry to start negotiations with real estate developer Iulius Group on a EUR815 million urban regeneration project in Con...
P3 Logistic Parks Completed Transactions For Over 98,500 Sqm In 2022
P3 Logistic Parks (P3), a long-term investor, developer and manager of logistics properties in Europe, concluded transactions for over 98,500 square meters of logistics and office space on t...
Opus Land Reaches EUR400M Total Investments In Cosmopolis Residential Complex
Opus Land Development said it would invest approximately EUR50 million in 2023 in the construction of about 500 new homes in Cosmopolis, the amplest residential project in Romania, and in th...
INS: Romania Building Permits Down 18.5% YoY In January 2023
Romanian authorities issued 2,079 residential building permits in January 2023, 18.5% fewer than in January 2022, as per data from the country’s statistics board INS.
Accor Group To Open A New Mercure Hotel In Bucharest In Fall 2023
Accor Group has signed a franchise agreement with local company Sab Serv Expres SRL for the opening of a new Mercure hotel in capital Bucharest in the fall of 2023.
Meta Estate Trust Switches to RON6.5M Net Profit in 2022
Meta Estate Trust (MET.RO), a holding company operating in the real estate sector and present on the AeRO market of the Bucharest Stock Exchange, announced total revenue of RON21.7 million,...
Rödl & Partner Romania Leases Over 1,000 Sqm Of Office Space In Globalworth's Gara Herastrau Office Building
Globalworth, the largest office market investor in Central and Eastern Europe (CEE), said it signed a lease contract for a period of over seven years with Rödl & Partner Romania, an internat...
Colliers: Number of Housing Units Sold in Bucharest in 2022 Up 11% from 2021
The number of housing units sold in Bucharest last year rose by 11% in 2022 from 2021, but the falling affordability and the restrictive interest rates whetted Romanians’ appetite for rents,...