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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C&W Echinox: Bucharest Office Market Showing Sings of Recovery 05.06.2021
Leasing transactions on the Bucharest office market grew to 48,000 square meters in the first quarter, down 9% compared with the same period last... more
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CBRE: Industrial Space Leasing Grows 43% in 1Q 05.05.2021
Total industrial leasing activity in Romania grew 43% on the year in the first quarter, to 264,400 square meters, real estate consultancy company... more
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Prima Development Offers 5-Year Guarantee on Core Timpuri Noi Residential Project 05.05.2021
Prima Development Group, a real estate developer based in Oradea, is investing EUR20 million in a 240-unit residential project in Bucharest for... more
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JLL: Investors Seek to Raise Allocation to Living Assets in Europe 05.05.2021
The investment allocation to living assets is set to grow throughout 2021, following the robust performance of the market throughout 2020, which... more
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Residential Building Permits Issued Hit 14-Year High in March 04.30.2021
Romanian authorities issued 4,456 residential building permits this March, an increase of 39.5% on the previous month and of 38.2% on March 2020.... more
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C&W Echinox: Industrial Space Transaction Volume Doubles in 1Q 04.29.2021
Romania's local industrial and logistic market started 2021 on a positive trend as the transacted volumes in the first quarter reached nearly... more
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Housing Price Growth in Romanian Cities Slows to 3% in 1Q 04.29.2021
Average asking prices for housing in Romania grew 2.2% in the first quarter of 2021 compared with the fourth quarter of 2020, and the annual growth... more
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APX Hotels Buys Hotel in Sibiu for EUR1.85M 04.28.2021
APX Hotels group, owned by Romanian investor Adrian Polec, has bought the former Libra hotel in Sibiu for EUR1.85 million, which it will renovate... more
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Cushman & Wakefield Echinox Advised River Development in The Light One Sale to Uniqa 04.28.2021
Real estate consultancy company Cushman & Wakefield Echinox has advised real estate developer River Development in the sale of its The Light One... more
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CBRE: Real Estate Investments In Romania Near EUR100M In 1Q/2021 04.28.2021
Real estate investments in Romania totaled EUR98 million in the first quarter of 2021, lower by 19% compared with the level reported in the same... more
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Logistics Space Developer WDP Makes EUR11.3M Rental Income in Romania in Q1, 2021 04.28.2021
Belgian-held logistics space developer WDP, one of the most active investors on the Romanian market, made EUR11.3 million in rental income in this... more
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Star Residence Invest Seeks to Raise Share Capital by RON19.2M to Fund Development 04.27.2021
Real estate investment trust Star Residence Invest (REIT.RO) has summoned shareholders for a meeting on May 31-June 2 to approve a share capital... more
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AFI Europe Romania Starts Renovating Common Areas Within AFI Lakeview Office Building 04.27.2021
AFI Europe Romania has started in April renovation works for the common areas within the AFI Lakeview office building, which was acquired from... more
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River Development Sells The Light One Office Building in Bucharest to Uniqa Real Estate 04.23.2021
River Development has sold The Light One office building in western Bucharest to UNIQA Real Estate, the real estate arm of Austria's UNIQA... more
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Hervis Opens Store in Craiova's Electroputere Parc Shopping Center 04.22.2021
Sporting goods retailer Hervis Romania, the local division of Austrian group Spar, will be opening a store in Craiova, within the Electroputere... more
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Around 95% of Outsourcing Companies Plan Hybrid Working Model after Pandemic 04.21.2021
Around 95% of the companies in the outsourcing industry in Romania will implement a hybrid working system after the pandemic and 55% of industry... more
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Tech Mahindra Extends Office Space in Vox Technology Park Timisoara 04.21.2021
IT giant Tech Mahindra, present in Romania since 2019, has extended its office space in Vox Technology Park Timisoara by an additional 1,500 square... more
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KMG Rompetrol Extends Lease for City Gate Offices in Bucharest 04.21.2021
KMG Rompetrol, the management and support division of KMG International Group, has extended its lease until the end of 2026 for offices in the City... more
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Developer WDP Invests EUR29M in Land in Bucharest and Transylvania 04.21.2021
Belgian industrial developer WDP is investing EUR29 million acquiring land for new projects in the Bucharest area and the Transylvania region in... more
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Element Industrial Sees Logistics Market Potential at Another 2.5M-3M Sqm 04.21.2021
The logistics and industrial space market has a potential for another 2.5 million to 3 million square meters over the next economic cycle, says... more
Higher education, water distribution, energy efficiency and private sector investment across Romania will benefit from more than EUR809
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Alpha Real Estate Services (ARES), the real estate arm of Greek Alpha Bank Group, has sold three iconic hotels in the heart of
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Portugal’s EDP Renewables (EDPR), the third most important investor in green power in Romania, says new projects will only come if
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Romanian carmaker Dacia, owned by France's Renault, registered a record number of orders over the weekend for its first all-electric
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Portland Trust, one of the most powerful real estate developers in Romania, says it plans to have a more than 500 MW solar park
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Foreign investors operating on the Romanian financial market injected over RON200 million (around EUR42.3 million) as capital into
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The Cluj county council has issued an urban planning certificate in view of area planning and feasibility studies for the city's future
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The assets managed by private pension funds (Pillar II and Pillar III) reached RON78.07 billion at the end of 2020, 21% higher compared
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Real estate developers delivered some 142,400 square meters of new modern retail spaces in 2020, little over half of the estimates
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KPMG: Nearly Half of Global CEOs Don’t Expect a Return to Normal Until 2022
Almost half (45%) of global executives do not expect to see a return to a normal course of business until sometime in 2022, as opposed to nearly one-third (31%), the 2021 KPMG CEO Outlook Pulse survey has found.
