Real Estate
Cushman & Wakefield Echinox: Investments at Any Level to Slow Down in First Part of 2023
The investors already active on the local real estate market are interested to consolidate their positions, but one can notice the absence of investors from a specific part of the world, say...
Colliers: Investments In Commercial Property Hit Record High Of Over EUR1.2B In Romania In 2022
Investments in commercial real estate assets in Romania reached a record high in 2022, of over EUR1.2 billion, the highest level since 2007, a significant increase compared to the usual aver...
Four of Ten Largest Office Owners in Romania Are Local Entrepreneurs
Of the over 4.3 million square meters of offices in Romania, almost 730,000 are in the hands of four Romanian companies.
JLL: Real Estate Investment Hit EUR1.25B Threshold In 2022, A Record High Since 2008 Economic Crisis
The volume of transactions with commercial real estate assets worth at least EUR5 million totaled around EUR1.25 billion in Romania in 2022, 40% more than in 2021, of which almost EUR600 mil...
Embassy Of Saudi Arabia In Bucharest Relocates To 3,500 Sqm Landmark Building In Capital City
The Embassy of Saudi Arabia in Bucharest relocated its Official Headquarters to an iconic building in Dorobanti area of the capital city Bucharest, in the vicinity of the Charles de Gaulle S...
Globalworth Contracts Two New Credit Facilities Worth EUR160M From Erste Group
Real estate developer Globalworth, one of the leading investors in office space in Central and Eastern Europe, has signed financing contracts for two new credit facilities worth EUR160 milli...
Transilvania Investments Puts Six Seaside Hotels Up For Auction
Six hotels rated 2*, 3* and 4*, located in the seaside resorts of Eforie Nord and Eforie Sud, will be put up for auction starting with January 25, 2023, according to representatives of inves...
Just Five Office Buildings Set to Be Delivered in Bucharest in 2023
Five office buildings with a total area of 94,000 square meters will be delivered in 2023 based on authorizations obtained until 2020. The market will near 3.5 million square meters in Bucha...
Citi Romania Relocates Its 200 Employees In Bucharest To New HQ, In Tiriac Towers
Citi Romania has relocated its 200 employees in capital city Bucharest to its new headquarters in the capital, located in the Tiriac Towers office building.