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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Colliers: Number of Housing Units Sold in Bucharest Up 18% in Q1, Demand Rises 19% Nationwide
04.25.2024
The number of housing units sold in Bucharest in the first quarter of the year rose by 18% from the year-earlier period, while nationwide demand... more
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STC Partners Starts Phase II of Quartier Azuga
04.25.2024
Real estate developer STC Partners is starting the development of phase II of housing compound Quartier Azuga, located to Tei area of Bucharest,... more
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Dedeman Owners Take Over Former Project ELI 4
04.25.2024
Paval brothers, owners of Dedeman, the biggest Romanian entrepreneurial business, took over, via Paval Holding, Asset Proiect Craiova SRL company,... more
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Hagag Development Appoints Ana-Maria Nemtanu Director Of Leasing
04.23.2024
Real estate developer Hagag Development has appointed Ana-Maria Nemtanu, who has 17 years of experience in the local real estate industry, director... more
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Colliers: Demand For Strategic Land On The Rise In Romania
04.23.2024
Demand for land considered strategic and available at lower prices than in a very active market is on the rise in Romania, and the trend is drawing... more
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Real Estate Investments Up 33% To EUR205M In Q1, 2024
04.22.2024
Real estate investments reached EUR205.75 million in the first quarter of the year, 33% more than in the corresponding period of 2023. The most... more
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Julius Meinl Living Buys Ambasador Hotel In Bucharest
04.22.2024
Julius Meinl Living, which manages hotel properties in major European capitals, has completed the acquisition of the Ambasador Hotel in Bucharest. more
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Four One United Shareholders Sell 234M Shares For RON216.9M On Friday
04.12.2024
Real estate developer One United Properties (ONE.RO), the leading real estate investor and developer of sustainable residential, office and... more
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C&W Echinox: Companies In Bucharest Spend On Average EUR943 Per Sqm Of Office Fit-Out, Among Lowest In CEE
04.11.2024
Bucharest's average office fit-out costs are among the lowest in Central and Eastern Europe (CEE) despite increasing by around 15-20% during the... more
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54% Of Space Leased By Transilvania Constructii Clients Is Used For Warehousing And Distribution
04.10.2024
More than half (54%) of the total area leased by the Cluj-based company Transilvania Constructii in the TRC Parks logistics projects it develops... more
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NEPI Rockcastle Completes Vulcan Residence Project In Bucharest
04.08.2024
NEPI Residential, the residential division of Central and Eastern Europe's largest owner, developer and property manager of shopping centers, NEPI... more
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CBRE: Total Office Leasing Activity In Bucharest Up 71% YoY In Q1/2024
04.08.2024
The office sector in capital city Bucharest shows a positive fluctuation in terms of total leasing activity, after the first three months of 2024,... more
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Eurostat: Romania, Among EU Countries With Lowest House Price Increases In 2010-2023, But Rents Up 45-50%
04.04.2024
Romania is one of the European Union Member States with the lowest house price increases, of 25%, between 2010 and 2023, half the European average,... more
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Cushman & Wakefield Echinox: Modern Office Stock in Main Regional Cities Tops 1 Million Sqms
04.04.2024
Real estate developers in 2023 completed office space projects totaling 83,000 square meters in Romania’s main regional cities, Cluj-Napoca,... more
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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
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.