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.
-
AFI Europe Puts Luciana Giurea In Charge Of Its Residential Development Division In Romania
03.05.2024
AFI Europe has appointed Luciana Giurea, former General Manager of the AFI Ploiesti shopping center, to the position of Head of the Residential... more
-
Colliers: Bucharest Boasts 15-Year High in Apartment Sales in December 2023
03.05.2024
Romania remains the European country with the highest number of house and apartment owners, in line with official statistics, and Bucharest in... more
-
Impact Developer & Contractor's Consolidated Net Profit Plummets 58.8% YoY To RON34.9M In 2023
03.01.2024
Real estate developer Impact Developer & Contractor (IMP.RO) reported a consolidated net profit of RON34.9 million for 2023,down 58.8% from 2022,... more
-
HILS Development Set To Invest EUR70M In Residential Project In Bucharest's Pallady Area
02.29.2024
HILS Development, a real estate developer held by Ionut Negoita, announces a new residential project in Pallady area in the eastern part of capital... more
-
Colliers: Real Estate Deal Volume Down in 2023 to around EUR476M, Less than Half 2022 Record High, but Market Likely to Edge Up in 2024
02.28.2024
The volume of real estate deals in 2023 declined to around EUR476 million, less than half the 2022 record high, but the market is likely to... more
-
Lion’s Head Secures EUR150M Investment from IFC
02.28.2024
International Finance Corporation (IFC) has granted a EUR150 million investment with sustainability-linked features to Lion’s Head Investments. more
-
Bucur Obor Swaps 5,862-Sqm Land For 50 Apartments, 66 Parking Places Of Property Developer Novum Business Invest
02.28.2024
Bucur Obor (BUCU.RO), which manages the shopping center by the same name in Bucharest, has exchanged a plot of land of 5,862 square meters for 50... more
-
Hungary's Kesz To Develop Its First Own Residential Project In Romania
02.27.2024
Hungarian construction company Kesz, which has built several plants and real estate projects in Romania, is set to develop its first own... more
-
Romania’s Modern Retail Space Stock Stands At More Than 4.3M Sqm
02.23.2024
Romania has a total modern retail space stock of more than 4.3 million square meters, of which over 2.7 million square meters are malls and the... more
-
Tech Company Blankfactor Leases 35TH Floor Of SkyTower In Bucharest
02.23.2024
Blankfactor, a global provider of technology and end-to-end digital transformation services for financial services, has leased the 35th floor of... more
-
C&W Echinox: Real Estate Deals worth over EUR600M Are Under Advanced Negotiations; 2023 Traded Volume Likely to be Matched in 1H/2024
02.22.2024
Deals with commercial real estate assets worth above EUR600 million are currently under advanced negotiations, so that the volume traded in 2023 is... more
-
Impact Developer & Contractor Raises Over EUR1M In First 72 Hours Since Bond Offer Launch, Targets EUR3M
02.16.2024
Real estate developer IMPACT Developer & Contractor (IMP.RO) has raised over EUR1 million in the first 72 hours of issuing a bond offer ongoing... more
-
Romania In Talks for EUR500M Investments in Data Centers
02.15.2024
Developers mull building two new data centers with overall 40-45 MW power in Romania, meaning total investments of almost EUR500 million, in line... more
-
Report: Total Investments In Commercial Real Estate Assets In Poland, Czech Republic, Hungary, Slovakia, Romania At 10-Year Low Of EUR5.1B In 2023
02.13.2024
The total investment in commercial real estate assets, encompassing office spaces, retail establishments, logistics and industrial spaces, and... more
-
Knight Frank Romania: Central-Western Part Of Bucharest To Concentrate Offices For One Million Employees
02.13.2024
The central-western part of capital city Bucharest, from the Orhideea area to Calea 13 Septembrie area, will be concentrating more than 900,000... more
-
Fortim Trusted Advisors: In 2024, Office Building Owners Will Focus On Refinancing And Lease Renegotiations
02.09.2024
In 2024, office building owners will face two challenges, namely, carrying out negotiations with banks to refinance outstanding loans in parallel... more
-
Cognyte Signs Lease For 1,600 Sqm in U•Center 2 Office Building
02.09.2024
Cognyte, a global leader in investigative analytics software, has leased 1,600 square meters of office space in the U•Center 2 office building... more
-
Real Estate Deals In Romania Almost Halved In January 2024 To 37,241 vs. More Than 60,000 In December 2023
02.08.2024
The number of real estate deals in Romania exceeded 37,241 in January 2024, 23,340 fewer than in December 2023, data from the national cadaster... more
-
C&W Echinox: Bucharest Office Leasing Market Expands by 43% in 2023 YOY To over 463,000 Sqm
02.08.2024
The office area traded in Bucharest in 2023 increased by 43% against the previous year, to over 463,000 square meters, also breaking the 2019... more
-
Colliers Predicts Investment Rebound For CEE Real Estate Market In 2024
02.02.2024
Colliers consultants predict in the "Top 10 predictions for CEE-6 in 2024” report a possible pickup in investment activity in the Central and... 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.