Hungary’s Futureal Plans to Build 1,800 Apartments in Bucharest
01.14.2019
Hungarian-held Futureal group, via its local division Cordia Romania, plans to develop at least three new residential projects in Bucharest near the project already announced in the Expozitiei area (northern area of the city). In all the group should deliver more than 1,800 apartments
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Eurostat: House Prices In Romania Lower In 3Q/2018 Versus Previous Quarter 01.18.2019
House prices in Romania fell in the third quarter of 2018, compared with the previous quarter, but grew 1.5% in the European Union, Eurostat, the... more
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C&W Echinox: Colosseum Expansion – Largest Retail Development in Bucharest in 3 Years 01.17.2019
The expansion of the Colosseum commercial center in the north-western part of Bucharest is the largest, retail development in Bucharest during the... more
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CBRE Brokers 40 Real Estate Deals In 2018; Reaches 24% Market Share In Bucharest 01.16.2019
Bucharest’s office building segment saw a fast growth rate, with 144,000 square meters of projects newly built and delivered, 15% more than in... more
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Dunwell Brokers Deals Of Over 76,000 Sqm Of Industrial And Logistics Space In 2018 01.16.2019
Real estate broker Dunwell, founded in 2017 by Marian Orzu, Daniel Cautis and Laurentiu Badea, intermediated deals of 76,600 square meters of... more
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Element Industrial Starts Building EUR25M Logistical Park NW of Bucharest 01.16.2019
Element Industrial, a real estate development company focused on logistical projects, has started works on Eli Park 1, a EUR25 million logistical... more
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Colliers: For First Time, Romanians Rank 2nd Among Local Real Estate Investors In 2018 01.15.2019
The year 2018 ended with a significant premiere on the Romanian real estate market: Romanian investors rank second in terms of volumes generated,... more
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Amazon to Expand in Iasi, Looks for Additional 5,000 Sqm Office Space 01.15.2019
US’ Amazon, world’s largest online retailer, will expand by another 5,000 square meters in Iasi, at the end of 2020, real estate market sources... more
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25 Residential Complexes, With Over 200 Apartments Each, Due For Delivery In 2019 01.10.2019
More than 25 residential complexes with at least 200 apartments each are scheduled for delivery in Bucharest in 2019 and 2020, Coldwell Banker data... more
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Developers Preparing 450,000 Sqm of Office Space for 2019 01.09.2019
This year will see a record 450,000 square meters of office space delivered, which is a first for Romania. more
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One United Properties Starts Work on Residential Project in Timpuri Noi Area in Bucharest 01.07.2019
Real estate developer One United Properties, held by Andrei Diaconescu and Victor Capitanu, has started works on a residential project in the... more
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Developers to Add 250,000 Sqm of Retail Space in Malls in 2019 01.03.2019
Real estate developers plan to add 250,000 square meters of malls in Romania by the end of 2019. Only three new projects should be completed this... more
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Sonae Sierra Sees Romania as Growing Market, Wants to Expand Portfolio in the Country 01.03.2019
Portuguese-held real estate investment company Sonae Sierra, one of the two developers of the Park Lake Mall in Bucharest, says it plans to expand... more
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Romania Recovers 224 Ha of Land in Bucharest Housing US Embassy 12.28.2018
A 224-hectare plot of land dispute din the case in which businessman Puiu Popoviciu was sentenced to seven years in prison will be repossessed by... more
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Office Buildings Attract Significant Residential Investments Nearby 12.28.2018
As Bucharest is becoming increasingly crowded, incomes rise, and plots of land become available near office space complexes, developers have... more
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Turkish Men’s Clothing Brand KiP Opens Its First Store In Romania, In ParkLake Shopping Mall 12.21.2018
Turkish men’s clothing brand KiP, established in 1978, has opened its first store in Romania, within Bucharest-based ParkLake shopping mall. The... more
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Forte Partners To Build Telekom Romania’s Future Central HQ 12.21.2018
Forte Partners, the most active Romanian real estate developer on the local office space market, has bought the Tandem building from telecom... more
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Carrefour Leases 80,000 Sqm In Two Warehouses Of Belgium’s WDP 12.21.2018
Belgian logistics and industrial space developer Warehouses De Pauw (WDP) will rent out two warehouses with a total area of 80,000 square meters,... more
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Belgium’s WDP Gets EUR150M From EIB For Development Projects In Romania 12.19.2018
The European Investment Bank (EIB) is lending EUR150 million to Belgian logistics and industrial space developer Warehouses De Pauw (WDP) to... more
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Skanska Starts Construction Of 2nd Phase Of Campus 6 Project, An EUR76.1M Investment 12.19.2018
Swedish real estate developer Skanska is starting the construction of the second phase of the Campus 6 project located in Bucharest’s Orhideea... more
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CBRE To Provide Management Services For Revera Medical City Project Entailing EUR60M Investment 12.18.2018
Real estate consulting firm CBRE, one of the main players on the Romanian real estate consulting market, will ensure the management of the Revera... more
The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June
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Swiss giant Nestle, one of the largest players on the Romanian consumer goods market, will close its Romanian factory, located in the
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Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania,
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Energy companies and banks, which are among the most traded stocks on the Bucharest Stock Exchange, will pass on to their customers the
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The Continental group, the largest automotive component manufacturer in Romania, is planning new investments for 2019 as its research
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This year will see a record 450,000 square meters of office space delivered, which is a first for Romania.
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More than 25 residential complexes with at least 200 apartments each are scheduled for delivery in Bucharest in 2019 and 2020, Coldwell
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Romania accounts for 27.8% of the corn production in the European Union, almost one third of the total, after having recorded its
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Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.
