JLL: High Rental Yields Attract Investment Funds to Romania
12.15.2020
The residential sector remains one of the most attractive investments on the Romanian real estate market, with yields above other countries in the region, attracting local and institutional investors who buy thousands of apartments with minimum yields of 6.5%-7%, a report by JLL showed Tuesday.
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Sika Set to Lease 4,500 Sqms in ELI Parks’ ELI Park 4
yesterday, 16:20
Swiss building materials company Sika is expanding its Romania operations after inking a contract to lease 4,500 square meters of logistic and... more
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C&W: Bucharest Among Europe's Most Affordable Residential Markets
yesterday, 15:01
Bucharest ranks among the major European cities with the lowest housing prices and the highest affordability ratios, in line with data from real... more
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7,500 Apartments Currently Under Construction in Bucharest, in Ten Largest Projects
yesterday, 09:34
One United Properties with almost 2,300 apartments, Ionut Negoita with another 1,330 and Exigent with almost 1,300 are the most dynamic developers... more
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Speedwell Starts Construction of 2nd Building of Timisoara Mixed-Use Project PALTIM
03.15.2024
Real estate developer Speedwell, founded by Didier Balcaen and architect Jan Demeyere, has started construction works for the second residential... more
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Vastint Romania Sets Off Second Phase Of Timpuri Noi Square Office Project In Bucharest
03.14.2024
Vastint Romania has announced the start of the second phase of its real estate project Timpuri Noi Square, the urban regeneration project for the... more
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Wallberg Sets Off Construction of Fourth Building part of EUR10M Project
03.14.2024
Wallberg, the real estate developer controlled by entrepreneur Valentin Morar, has started construction of the fourth housing building part of... more
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Colliers: Volume Of Industrial And Logistics Leasing Transactions Outside Of Bucharest Hit Record High In 2023
03.13.2024
The share of industrial and logistics leasing transactions outside of capital city Bucharest reached a record high in 2023, while transactions in... more
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Lemon Office Design Completes Design Works For Offices Of BAT Digital Business Solutions Within One Cotroceni Park
03.13.2024
Lemon Office Design, the interior design division for office spaces of Lemon Interior Design company, has announced the completion of design works... more
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Leroy Merlin Leases Two Retail Spaces In Bucharest From Austria's Supernova
03.12.2024
Leroy Merlin, the second-largest DIY retailer in Romania by revenue, leased two retail spaces in Bucharest with a combined area of 21,000 sqm from... more
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Statistical Data: 21,461 Housing Units Put Into Use In Romania YoY In Q4/2023
03.12.2024
A total 21,461 housing units were put into use in Romania in the fourth quarter of 2023, 923 more units than in the same period of 2022,... more
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Euro Vial Residence Buys Land In Constanta For EUR6.5M To Build Mixed-Use Project
03.11.2024
Euro Vial Residence, one of the leading developers active on the regional real estate market in the city of Constanta (south-eastern Romania), has... more
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Impact Developer & Contractor Contracts Via Branch A RON20M Loan From Vista Bank
03.09.2024
Real estate developer Impact Developer & Contractor (IMP.RO) has obtained a loan worth RON19.5 million through the branch RCTI Company, as per a... more
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Real Estate Deals In Romania Grow 13.8% YoY In February 2024
03.07.2024
The number of real estate deals in Romania, which includes houses, lands and apartments, grew by 44% in February 2024 vs January 2024, and by 13.8%... more
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AFI Europe Puts Luciana Giurea In Charge Of Its Residential Development Division In Romania
03.05.2024
AFI Europe has appointed Luciana Giurea, former General Manager of the AFI Ploiesti shopping center, to the position of Head of the Residential... more
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Colliers: Bucharest Boasts 15-Year High in Apartment Sales in December 2023
03.05.2024
Romania remains the European country with the highest number of house and apartment owners, in line with official statistics, and Bucharest in... more
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Impact Developer & Contractor's Consolidated Net Profit Plummets 58.8% YoY To RON34.9M In 2023
03.01.2024
Real estate developer Impact Developer & Contractor (IMP.RO) reported a consolidated net profit of RON34.9 million for 2023,down 58.8% from 2022,... more
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HILS Development Set To Invest EUR70M In Residential Project In Bucharest's Pallady Area
02.29.2024
HILS Development, a real estate developer held by Ionut Negoita, announces a new residential project in Pallady area in the eastern part of capital... more
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Colliers: Real Estate Deal Volume Down in 2023 to around EUR476M, Less than Half 2022 Record High, but Market Likely to Edge Up in 2024
02.28.2024
The volume of real estate deals in 2023 declined to around EUR476 million, less than half the 2022 record high, but the market is likely to... more
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Lion’s Head Secures EUR150M Investment from IFC
02.28.2024
International Finance Corporation (IFC) has granted a EUR150 million investment with sustainability-linked features to Lion’s Head Investments. more
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Bucur Obor Swaps 5,862-Sqm Land For 50 Apartments, 66 Parking Places Of Property Developer Novum Business Invest
02.28.2024
Bucur Obor (BUCU.RO), which manages the shopping center by the same name in Bucharest, has exchanged a plot of land of 5,862 square meters for 50... more
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
more39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
moreOMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
moreThe European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
moreRomania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreBanks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
moreRomania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.