Globalworth Posts 135% Operating Revenue Growth in 1H, to EUR51M
09.19.2018
Globalworth Real Estate Investments, the largest office building owner in Romania and the main investor on the office market in Central and Eastern Europe, had operating revenues of EUR51.7 million in the first half of the year, up 135%.
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Some 23,500 Employees To Move To New Office Buildings In Bucharest In Fall 08.23.2018
Some 23,500 employees will be moving to new office buildings in capital Bucharest, from fall until the end of the year, considering that real... more
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Telekom Romania Sells Land in Bucharest to One United Properties for EUR18M 08.22.2018
Telekom Romania has completed the sale of a plot of land in the Floreasca area in Bucharest to developer One United Properties for over EUR18 million. more
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JLL Romania Appoints Andrei Vacaru as Head of Capital Markets 08.22.2018
Real estate consultancy firm JLL Romania has promoted Andrei Vacaru as Head of Capital Markets JLL Romania, effective August 1, 2018. more
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Globalworth Takes Out EUR46M Loan From BCR For Construction Of Renault Romania’s New HQ 08.20.2018
Real estate developer Globalworth has taken out a loan of EUR46 million from Banca Comerciala Romana (BCR), which will be used for the construction... more
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Hypermarket And Supermarket Chains Own RON21B Worth Of Stores And Warehouses 08.20.2018
The total immobilized assets of modern retailers in Romania stood at almost 21.5 billion lei (EUR4.7 billion) last year, having increased by 20%... more
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C&W Echinox: Romania Industrial & Logistics Stock Exceeds 3M Sqm Threshold 08.14.2018
The local industrial and logistics stock exceeded the 3 million sqm threshold, reaching 3.12 million sqm at the end of the first half of 2018,... more
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Lithuania’s Apex Alliance Invests EUR90M In Four Hotels In Bucharest 08.14.2018
Lithuania’s Apex Alliance, held by a number of investors, such as Nerijus Numavicius, regarded as the richest man in the Baltic country, will... more
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CBRE Becomes Lease Consultant For Willbrook Platinum Business & Convention Center 08.13.2018
Real estate consulting firm CBRE has taken over the lease services for Willbrook Platinum Business & Convention Center, a project developed by... more
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Hoshen Holdings Buys 272 Villas Within Insolvent Green City Compound For EUR8M 08.13.2018
The group of firms Hoshen Holdings has paid EUR7.9 million for 272 villas within Green City compound, a project developed by businessman Dumitru... more
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Profi Leases 800 Sqm in Anchor Plaza Building in Bucharest 08.13.2018
Profi, one of the largest retail chains in Romania, leases 800 sqm of office space in Anchor Plaza in Bucharest, owned by Anchor Grup, real estate... more
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C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018 08.09.2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year,... more
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Coldwell Banker Opens Office in Constanta, SE Romania 08.08.2018
Real estate consultancy firm Coldwell Banker has opened an office in Constanta, southeastern Romania, following an investment of EUR100,000,... more
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Adam Europe Buys Four Office Buildings In Bucharest From East Balkan Properties 08.07.2018
East Balkan Properties (EBP) Group sold its office space portfolio in capital city Bucharest, which comprises four office buildings covering a... more
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ESOP: Firms Pre-Leased Nearly 79,000 Sqm Of Office Space In Bucharest In 1H/2018, 2.6-Fold More On Year 08.06.2018
The volume of office space pre-leased by companies in capital Bucharest rose to approximately 79,000 square meters in the first half 2018, 2.6-fold... more
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C&W Echinox: Retail Deliveries Will Return to Positive Trend in H2/2018 08.06.2018
Retail deliveries will return to a positive trend in the second half of 2018, when at least 90,000 square meters will be delivered in four cities,... more
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Housing Prices Growth Slows on Lower Demand, Fewer Transactions 08.02.2018
The growth rate of housing prices in Romania has slowed as demand from potential homebuyers decreased and the number of transactions was lower,... more
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Dedeman Owners Buy Office Space Project The Bridge; Transaction Valued At EUR200M 08.01.2018
Brothers Dragos and Adrian Paval, owners of local do-it-yourself (DIY) retail chain Dedeman, with an annual turnover of over EUR1 billion, on... more
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Euler Hermes: Rural Areas On Modern Retailers’ Radar: Over 350 Stores Opened In 2017 08.01.2018
Large international retailers present on the Romanian market have started to focus more and more on rural areas, namely, townships with fewer than... more
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Real Estate Consultant: Timisoara Overtakes Cluj-Napoca By Office Space Stock, For First Time 08.01.2018
Romania’s western city of Timisoara became the biggest office space market outside of capital city Bucharest, at the middle of 2018, overtaking... more
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Colliers: Co-Working Companies Leased Record Surface Areas In Bucharest In 1H/2018 07.31.2018
Co-working companies have leased record surface areas, of 16,800 square meters, in capital city Bucharest, in the first half of 2018, and the... more
Lender ING Bank Romania on Tuesday reported a net profit of RON345 million for the first half of 2018, on higher revenues and lower
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Hotels, pensions, lodges and motels in Bucharest and in the Constanta and Brasov counties posted more than 2.5 billion lei (EUR538
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Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in
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Sales of durable goods on the Romanian market rose 11.8% in April-June 2018, to EUR700 million, mostly backed by the telecom segment,
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The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about
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The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the
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The Bucharest Stock Exchange increases the maximum number of companies in its BET index and its total return version BET-TR from 15 to
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C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year, when the investment market reached a value of EUR530 million, according to Cushman & Wakefield Echinox calculations and estimates.
