Dedeman’s Paval Brothers One Signature Away from Paying EUR100M for The Office in Cluj
03.26.2019
Dedeman has reached an agreement with property investment company NEPI-Rockcastle and businessman Ovidiu Sandor to buy The Office building in Cluj-Napoca in the largest deal outside Bucharest, market sources say.
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Danubius to Invest over EUR8M in Faget Hotel in Sovata 09.12.2019
Hungarian hotel chain Danubius, which owns three hotels in central Romanian tourist resort Sovata, estimates it will invest EUR8 million to upgrade... more
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Coca-Cola, Mobexpert Rent 5,000 Sqm in P3 Bucharest A1 Logistic Park 09.12.2019
Coca-Cola HBC Romania and Mobexpert have rented a total of 5,000 square meters in the logistics park P3 Bucharest A1, developed by Czech P3... more
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Asking Prices for Apartments in Bucharest Grow 2.6% in August 09.12.2019
Asking prices for housing in Bucharest grew 2.6% in August compared with July, the second biggest price growth after Iasi, according to a housing... more
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Colliers: 105 Fortune Global 500 Are Present in Romania 09.12.2019
A number of 105 companies in the Fortune Global 500 are present in Romania, while Poland and Czech Republic have 139 and 111 such companies,... more
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Imobiliarium: Homebuyers Pay More Attention to Budget, Construction Quality 09.11.2019
The average budget for a home on the Bucharest middle class residential segment is EUR80,000 – 120,000 depending on location and square footage,... more
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Cluj Sees Shift in Apartment Demand 09.10.2019
The apartment market in Cluj-Napoca has seen a shift in demand, from one or two-room apartments to three room ones and from old to new apartments,... more
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One United Bets on Almost EUR1B Worth of Real Estate Projects 09.09.2019
Developer One United has completed or is working on EUR1 billion worth of real estate projects, ZF has calculated, including the under construction... more
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Developers Paid Almost EUR100M For Land In H1 09.06.2019
Real estate developers continue to bet on development of residential and retail projects, so their appetite for land remains high considering they... more
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CA Immo Outsources Campus 6.1 Property Management to CBRE 09.05.2019
Austrian investment fund CA Immo has mandated real estate consultancy firm CBRE to ensure property management services for office building Campus... more
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ANEVAR: Real Estate Deals Must Not Remain Confidential 09.04.2019
Valuers do not have a database of deals and provide assessment of properties using similar deals as a comparison, says Dana Ababei, chairperson of... more
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Dunwell: Romania Industrial Sector To Exceed 4 Million Sqm Of Class A Logistics Projects In 2019 09.03.2019
The industrial sector in Romania could attract up to 750,000 square meters of logistics projects until the end of 2019 and Romania is close to... more
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AFI Is Considering Adding 30,000 Square Meters of Office Space to AFI Cotroceni Mall 09.03.2019
AFI Europe, the owner of the AFI Palace Cotroceni mall, is considering adding 30,000 square meters of office space to the mall at the intersection... more
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JLL Expands On Residential Segment, Sets Up New Department 09.02.2019
Real estate consulting firm JLL is entering the residential market in Romania and setting up a consulting services department in the residential... more
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Dascalu, Iulius Group: Bucharest Needs Flagship Mixed-Use Project 09.02.2019
Businessman Iulian Dascalu, who together with private equity firm Atterbury Europe developed and inaugurated the mall and office space project... more
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Arctic Gaesti Rents 20,000 Sqm of Storage Space in ELI Park 1 09.02.2019
Home appliances manufacturer Arctic held by Turkey’s Arcelik, has signed the lease for 20,000 square meters of warehousing space in the ELI Park... more
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First Phase of EUR220M Iulius Town in Timisoara Opens Friday 08.30.2019
Businessman Iulian Dascalu, the owner of the Iulius Group, is opening the first phase of the Iulius Town real estate project in Timisoara on... more
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Société Générale Looking at Campus 6.3 To Expand Office Space in Bucharest 08.29.2019
Société Générale European Business Services, the professional services company of French financial group Société Générale, seeks to expand... more
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Top Ten Mall Managers in Bucharest Made over RON1B from Rent in 2018 08.29.2019
The ten largest companies that manage shopping centers in Bucharest posted 1.046 billion lei (EUR227 million) revenue from rents last year, 2% more... more
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Cluj Takes Lead by Number of New Homes Delivered Compared with Old Stock
08.28.2019
The development of the IT industry and the significant rise in people’s incomes in Cluj-Napoca showed on the real estate market, too, with demand... more
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Reconstruction Of Magazinul Bucuresti Due For Completion End-2019 After EUR10M Total Investment 08.27.2019
The reconstruction of the Magazinul Bucuresti (Bucharest department store) in Bucharest’s old Town, is due for completion at the end of 2019 and... more
Private healthcare network Regina Maria has been put up for sale by its owner, Polish buyout investor Mid Europa Partners. The deal
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Romania's government will lower the tax on banks' financial assets and decouple it from money market rates, according to a draft
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Romania's government will postpone until May 31 the enforcing of new share capital requirements for administrators of mandatory private
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Nuclear power company Nuclearelectrica (SNN.RO) on Tuesday concluded a framework agreement with General Electric Global Services GMBH /
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Low-cost airline Blue Air has signed a new bilateral interline agreement with state-run airline TAROM.
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The number of tourists in Romania grew 6.7% in 2018 and the turnover generated by the hotel industry is estimated at EUR1.2 billion,
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Financial analysts’ confidence in Romania’s economy perked up in February compared with January but is still below the level
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Molson Coors Global Business Services (GBS), the services center of Canadian group Molson Coors which owns brewer Bergenbier in
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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.
