04.11.2023

The Bucharest office space rental market was dominated by companies in the IT&C sector in the first quarter of 2023, accounting for 19% of the newly leased area, as per an analysis by real estate more

04.10.2023

High inflation and rising interest rates have increased the banks’ caution in financing the real estate sector, but the commercial property market in Romania remains stable, with limited adjustments more

04.04.2023

Datanet Systems, an integrator of complex IT&C solutions and systems and a member of Slovak Soitron Group, ended 2022 with a turnover of over EUR38 million, up nearly 34% from 2021, according to more

03.30.2023

The average office fit-out costs increased by 20-30% in 2022 amid rising prices, supply chain disruptions, higher commodity and material costs and increased labor costs; therefore, companies paid on more

03.29.2023

Romanian C-suite leaders are optimistic about the future of their businesses, while recognizing the significant challenges that Romania, as well as the entire world, is facing, as per the 2023 C-suite more

02.22.2023

Developers have announced the construction of more than 275,000 square meters of new office projects in major regional centers of Romania, Cluj-Napoca, Timisoara, Iasi and Brasov, so that the modern more

01.30.2023

The average value of properties transacted in Romania increased in 2022, reaching EUR25 million versus EUR17 million in 2021, as per data from real estate consulting firm Cushman & Wakefield Echinox. more

11.24.2022

Romania’s capital city Bucharest places 37th in a ranking of the world’s most expensive shopping streets, with Calea Victoriei (Victory Avenue), the city’s main retail street, having an average more

11.14.2022

Income-producing properties are becoming an increasingly appreciated option for Romanian or foreign private investors who have previously been mainly active in the residential sector and who are now more

11.10.2022

Office space rents in capital Bucharest remain among the lowest at both regional and continental levels, which, along with the workforce availability and the competitive salary costs, represent a more

11.02.2022

Romania’s logistics and industrial market is close to touching a new record high in 2022 in terms of demand, which is reflected in the average vacancy rate that stood at 4.3% at the end of the first more

10.11.2022

Real estate consulting firm Cushman & Wakefield Echinox has appointed Bogdan Marcu as Partner Capital Markets and Dana Radoveneanu as Head of Retail Agency. more

09.20.2022

The hybrid work model is here to stay, but with it becoming mainstream, the employees’ reasons for going to the office have shifted towards socializing, collaborating and connecting with their more

09.14.2022

Romania’s cinema market has started the recovery from the declines faced during the pandemic but is still far from the figures recorded between 2016 and 2019. more

07.05.2022

Spanish investors in Romania are particularly interested in the real estate market, the construction and the IT&C sectors, in line with data from the Association of Spanish Companies in Romania more

05.16.2022

Real estate consulting firm Cushman & Wakefield Echinox has appointed Roxana Nicolae to the position of Workplace Manager within the Asset Services Department. more

05.11.2022

The number of metro passengers grew by 53% year-over-year in the first three months of 2022, with March seeing a record high of the last two years as pandemic-related restrictions were lifted, which more

05.05.2022

The leasing activity of industrial and logistics spaces in Romania increased by 50% in the first quarter of 2022 versus the year-earlier period, exceeding the 300,000 square meter threshold and more

04.20.2022

The valuation department of real estate consulting firm Cushman & Wakefield Echinox appraised over 380 properties worth a total EUR5.5 billion in 2021. more

04.19.2022

Cornerstone Communications, a local consulting firm specializing in investor relations and capital markets advisory, together with MIA Marketing, a Romanian market research company, published a new more

04.11.2022

A total 72,522 housing units were delivered across Romania in 2021, a record level on the local residential market since 1989, which translates into a 7% increase compared to 2020, as per an analysis more

03.30.2022

Investments on the Romanian real estate market totaled EUR1.8 billion in the last two years (2020-2021), compared to EUR1.6 billion in 2018-2019, with a total 78 properties being transacted in more

02.15.2022

The demand for industrial space in Romania has exceeded the threshold of one million square meters in 2021 for the first time ever for the market, with the lease activity being fueled by new contracts more

01.31.2022

The Bucharest hotel market saw the highest growth among capital cities in the region of Central and Eastern Europe (CEE) in terms of revenue per available room (RevPAR) in 2021, mainly driven an more

01.26.2022

Companies operating in the financial, medical services, IT&C and retail sectors were the most active tenants on the office leasing market in capital Bucharest in 2021, in terms of the average more