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.
-
CTP Invests EUR35M In New Warehouse In CTPark Bucharest West 02.09.2021
Industrial park developer CTP is investing over EUR35 million in the construction of a new building within CTPark Bucharest West, and the new space... more
-
JLL: Bucharest Residential Market Undeterred by Pandemic in 2020 02.09.2021
The fourth quarter of 2020 marked a spectacular return of the Bucharest residential market, with booming transaction activity, while residential... more
-
S Immo Looking to Buy Land to Expand The Mark Office Complex 02.09.2021
Austrian-held real estate developer S Immo is considering buying the plot near The Mark office buildings it owns in the Buzesti area in Bucharest... more
-
C&W Echinox: Bucharest Office Market Sees Steady Return in 4Q/2020 02.08.2021
Office space transactions in Bucharest marked a recovery in the fourth quarter of 2020, reaching 77,000 square meters, data from real estate... more
-
CBRE: 2020 Office Transactions in Bucharest Matched 2015 Level 02.08.2021
Around 240,000 square meters of office spaces were transacted in Bucharest in 2020, a similar level to 2015, as most companies postponed decisions... more
-
Impact Signs Two Loan Agreements with First Bank to Fund Construction, VAT Costs 02.08.2021
Romanian real estate developer Impact (IMP.RO) said Monday it has signed two mortgage loan agreements with lender First Bank, consisting of EUR5.92... more
-
Globalworth Creates New Industrial Hub Around Dacia’s Oarja Warehouse 02.05.2021
Globalworth, the owner of Dacia’s biggest warehouse in the world, plans to expand the industrial site that contains it. Automobile Dacia, the... more
-
Real Estate Developer Impact Appoints Constantin Sebesanu as Development Director 02.04.2021
Real estate developer Impact (IMP.RO), owned by businessman Gheorghe Iaciu, said Thursday it has appointed Constantin (Tinu) Sebesanu to the... more
-
C&W Echinox: Retail Space Deliveries Seen Down 50% in 2021 02.04.2021
Deliveries of modern retail space this year will amount to about 60,000 square meters, a decrease of about 50% compared with 2020, real estate... more
-
ING Survey: Buying a Home Is Usually a Short and Sharp Experience 02.04.2021
Romanians are the most determined and quickest Europeans when it comes to choosing a home to buy, with three out of five saying they found their... more
-
Romania Registers 48,736 Real Estate Deals in January 02.03.2021
The number of real estate deals in Romania stood at 48,736 in January, 28,619 fewer than in December 2020, data from the national cadaster agency... more
-
Industry Decline Drives Owners to Put Hotels in Bucharest Up for Sale 02.03.2021
Bucharest’s hotel industry has been badly hurt by the crisis and one thing that shows it is the 17 for sale ads for hotels, according to real... more
-
Gran Via Buys Land in Bucharest for Residential Project 02.03.2021
Spanish real estate developer Gran Via Real Estate has bought a land plot near the Plumbuita Park in Bucharest, where it plans to build a... more
-
Romania Remains On Real Estate Investors’ Radar 02.02.2021
The Romanian real estate market continues to lure investors and the mix between the limited supply and the demand better than the initial estimates... more
-
Automobile Dacia Extends Lease In Pitesti Industrial Park By Ten Years 02.02.2021
Romania’s largest automaker, Automobile Dacia, has extended its lease of the 69,000 square meters warehouse in Pitesti Industrial Park by ten... more
-
Colliers Manages Over Half A Million Sqm Of Office, Industrial Space Via Its Property Management Department 02.01.2021
The property management division of real estate consulting firm Colliers International manages a total portfolio of over half a million square... more
-
Logistics Space Developer WDP Budgets EUR116M Investments in Romania by 2023 02.01.2021
Belgian-held logistics space developer WDP, one of the most active investors on the Romanian market, has EUR116 million investments planned for... more
-
Romania Could Attract Investments as Pandemic Decentralizes Logistics Spaces 01.28.2021
The pandemic brought a new trend in logistics as companies start to prefer smaller, local spaces to large, regional hubs, particularly in the... more
-
Wipro Leases 11,000 Sqm of Office Space in Globalworth Square 01.28.2021
Globalworth, the biggest office owner in Romania, has signed a leasing contract for Globalworth Square with global software service company Wipro,... more
-
JLL: Romania Property Investment Volume Grows 30% in 2020 01.28.2021
The property investment volume in Romania in 2020 is estimated at EUR900 million, 30% higher compared with 2019, real estate consultancy company... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
more
Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
more
SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
more
TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
more
U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ
more
Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
more
Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
more
The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
more
DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
more
Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
moreAnalysis
Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows.
