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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Old Three-Room Apartment Prices Up In Bucharest In March 2024
04.03.2024
The first quarter of 2024 ended with a more than 4% increase in old three-room apartment prices in Bucharest in March compared with the year-ago... more
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Europa Hotel In Eforie Nord Seaside Resort Reopens In Wake Of Over EUR14M Investment
03.30.2024
The Europa Hotel, which is located in the Eforie Nord seaside resort and is held by the company ANA Hotels, was renovated following an investment... more
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ELI Parks Develops Regional Logistics Center In Ploiesti For Returo
03.27.2024
ELI Parks, one of the most active logistics and industrial space developers in Romania, has signed an agreement for the expansion of RetuRO's... more
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Prime Kapital’s Arges Mall Set To Open In Pitesti On April 25
03.25.2024
Prime Kapital, a real estate developer and investor in Central and Eastern Europe, will open Arges Mall on April 25, the largest and most modern... more
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Practic Bucuresti Sees Net Profit Shrink 29% To RON26.9M In 2023
03.25.2024
Practic Bucuresti (PRBU.RO), one of the largest owners of retail space in Bucharest, made RON26.9 million net profit in 2023, 29% lower than in... more
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Cushman & Wakefield Appointed To Manage Expo Business Park Office Project
03.25.2024
Real estate consulting company Cushman & Wakefield Echinox has been appointed to manage the Expo Business Park office project, one of the most... more
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HP Inc. Romania Extends Lease Contract for 7,000-Sqms of Office Spaces in YUNITY Park by Five Years
03.22.2024
HP Inc. Romania, the local subsidiary of the US computer and printer supplier and IT services provider of the same name, has signed to extend by... more
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NEPI Rockcastle Announces Budget Of Over EUR650M For Projects In Central And Eastern Europe
03.21.2024
NEPI Rockcastle has announced a budget of over EUR650 million for medium-term construction and redevelopment projects in Central and Eastern Europe. more
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CTP Contracts EUR200M Syndicated Loan to Expand CTPark Bucharest Project
03.19.2024
CTP, continental Europe’s largest listed developer and administrator of industrial and logistic spaces, has signed for a syndicated loan facility... more
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Sika Set to Lease 4,500 Sqms in ELI Parks’ ELI Park 4
03.18.2024
Swiss building materials company Sika is expanding its Romania operations after inking a contract to lease 4,500 square meters of logistic and... more
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C&W: Bucharest Among Europe's Most Affordable Residential Markets
03.18.2024
Bucharest ranks among the major European cities with the lowest housing prices and the highest affordability ratios, in line with data from real... more
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7,500 Apartments Currently Under Construction in Bucharest, in Ten Largest Projects
03.18.2024
One United Properties with almost 2,300 apartments, Ionut Negoita with another 1,330 and Exigent with almost 1,300 are the most dynamic developers... more
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Speedwell Starts Construction of 2nd Building of Timisoara Mixed-Use Project PALTIM
03.15.2024
Real estate developer Speedwell, founded by Didier Balcaen and architect Jan Demeyere, has started construction works for the second residential... more
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Vastint Romania Sets Off Second Phase Of Timpuri Noi Square Office Project In Bucharest
03.14.2024
Vastint Romania has announced the start of the second phase of its real estate project Timpuri Noi Square, the urban regeneration project for the... more
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Wallberg Sets Off Construction of Fourth Building part of EUR10M Project
03.14.2024
Wallberg, the real estate developer controlled by entrepreneur Valentin Morar, has started construction of the fourth housing building part of... more
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Colliers: Volume Of Industrial And Logistics Leasing Transactions Outside Of Bucharest Hit Record High In 2023
03.13.2024
The share of industrial and logistics leasing transactions outside of capital city Bucharest reached a record high in 2023, while transactions in... more
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Lemon Office Design Completes Design Works For Offices Of BAT Digital Business Solutions Within One Cotroceni Park
03.13.2024
Lemon Office Design, the interior design division for office spaces of Lemon Interior Design company, has announced the completion of design works... more
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Leroy Merlin Leases Two Retail Spaces In Bucharest From Austria's Supernova
03.12.2024
Leroy Merlin, the second-largest DIY retailer in Romania by revenue, leased two retail spaces in Bucharest with a combined area of 21,000 sqm from... more
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Statistical Data: 21,461 Housing Units Put Into Use In Romania YoY In Q4/2023
03.12.2024
A total 21,461 housing units were put into use in Romania in the fourth quarter of 2023, 923 more units than in the same period of 2022,... more
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Euro Vial Residence Buys Land In Constanta For EUR6.5M To Build Mixed-Use Project
03.11.2024
Euro Vial Residence, one of the leading developers active on the regional real estate market in the city of Constanta (south-eastern Romania), has... more
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
more39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
moreOMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
moreThe European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
moreRomania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreBanks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
moreRomania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.