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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Iulius Group Invests EUR16M in Two Retail Projects 01.13.2021
Real estate developer Iulius Group is developing a new retail concept, Family Market, and will invest EUR16 million for two such projects in the... more
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Gothaer Adds Household Goods Insurance to Its Travel Insurance 01.13.2021
Gothaer Adds Household Goods Insurance to Its Travel InsuranceGothaer Asigurari Reasigurari, the local subsidiary of the German insurance group... more
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Globalworth Appoints Marian V. Popa as Managing Director for Romania 01.13.2021
Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces the appointment of Marian V. Popa as managing director for... more
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JLL: Office Market in Romania Drops 36% in 2020 01.12.2021
The office market in Romania contracted 36% in 2002 from a record level of 470,000 square meters registered in 2019, to just 300,000 sqm, real... more
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Kromberg & Schuber Leases 2,000 Sqm in Timisoara Vox Technology Park 01.12.2021
German manufacturer of automotive cable harnesses and electrical systems Kromberg & Schuber has leased 2,000 square meters of office space in the... more
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Dunwell: Industrial Transactions Reach 650,000 Sqm in 2020, Up 38% on Year 01.11.2021
Over 650,000 square meters of warehousing space was traded in Romania in 2020, 38% more than in 2019, industrial brokerage firm Dunwell said in a... more
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Iulius Group Set to Continue Investments in Iasi And Timisoara in 2021 01.07.2021
Real estate developer Iulius Group of businessman Iulian Dascalu expects the pandemic to have a sizeable effect on last year’s revenue but says... more
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Old Three-Room Apartment Prices in Bucharest Up 4% in 2020 01.07.2021
The prices of old three-room apartments in Bucharest stagnated at EUR98,400 on average in December compared with November, after having gone up... more
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Romania Registers 77,355 Real Estate Deals In December 2020 01.06.2021
The number of real estate deals in Romania stood at 77,355 in December 2020, 17,172 more than in November 2020, data from the national cadaster... more
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Imobiliare.ro: Housing Prices in Romanian Cities See Positive Evolution In 2020 Despite Pandemic 01.05.2021
After a 1.2% increase in November 2020, housing prices in Romania also had a positive evolution in December 2020. According to Imobiliare.ro index,... more
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West Gate and Novo Park Owner Liviu Tudor Buys Inscut Site, Considers Residential Project 01.05.2021
Real estate investor Liviu Tudor has bought the Inscut site in the Preciziei area (west side of Bucharest) in a deal put at some EUR3 million,... more
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Impact Signs Two Contracts Worth EUR18.4M With Electrogrup For Construction Of Residential Complex 12.30.2020
Real estate developer Impact Developer&Contractor, as beneficiary, has concluded two contracts worth EUR18.4 million with Electrogrup, as general... more
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Romanian Office Space Stock Doubled in Ten Years 12.29.2020
Office space remains the main attraction in real estate in Romania. The modern office space stock in the country has doubled from 1.5 million to... more
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Omer Susli Buys Four Buildings In Barlad, Tulcea, Drobeta Turnu Severin From US Investment Fund Portico Investments 12.23.2020
Businessman Omer Susli, the owner of home décor stores Homelux, has bought four buildings located in Barlad (two buildings), Tulcea and Drobeta... more
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Impact Developer & Contractor Closes Bond Private Placement Early 12.22.2020
Real estate developer Impact Developer & Contractor (IMP.RO) announced Tuesday it has closed early its private placement of corporate bonds... more
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Colliers: Romania Realty Investment Market To Reach Almost EUR900M End-2020, Up Nearly 40% Vs 2019 12.22.2020
Romania’s real estate investment market will end 2020 with a volume of approximately EUR900 million, up nearly 40% against 2019, which represents... more
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Selgros Opens 10,000 Sqm Logistics Platform In Chiajna 12.17.2020
Cash & carry chain Selgros, which owns 23 stores in Romania, has recently opened a logistics platform of 10,000 square meters in Chiajna locality... more
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Duica, Colliers International: Logistics And Industrial Space Stock May Exceed 8 Million Sqm In Next Four Years 12.15.2020
Laurentiu Duica, Partner & Head of Industrial Agency within real estate consulting firm Colliers International, believes Romania is halfway... more
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C&W Echinox Advised eMAG on DEKRA Trusted Facility Audit and Certification 12.15.2020
Real estate consulting company Cushman & Wakefield Echinox advised online retailer eMAG on the DEKRA Trusted Facility audit and certification... more
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CBRE Advised S IMMO On Acquisition Of Office Buildings Campus 6.2, Campus 6.3 From Skanska 12.14.2020
Real estate consulting company CBRE has advised Austrian developer S IMMO on the transaction whereby it acquired Bucharest-based office buildings... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
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Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
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SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
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TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
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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
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Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
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Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
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The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
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DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
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Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
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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.
