06.04.2025

The average asking price for an old three-room apartment in Bucharest built between 1978 and 1990 rose to EUR123,077 in May, according to the ZF Real Estate Index compiled with partnership with SVN more

05.14.2025

Despite remaining flat in April 2025 against the previous month, prices of old 3-room Bucharest apartments have surged in the past year. In line with the ZF real estate index compiled together with more

04.01.2025

Average prices of old and new apartments in March 2025 rose by 12% against the same month of 2024, in line with the latest data on Storia, the real state platform launched by OLX. more

03.06.2025

February brought an even stronger increase of prices on the Bucharest market of old three-room apartments than January. After the 8.6% advance of December against the same month of 2023, in January more

02.05.2025

January 2025 brought soaring prices on the Bucharest market of old three-room apartments after a year and a half of increases. After the 8.6% annual advance of December, in January the market saw more

01.10.2025

December 2024 brought a strong price increase on the Bucharest market of old three-room apartments after a year and a half of advances. more

06.03.2024

Average price of old three-room apartments in Bucharest reached EUR107,300 in May 2024, up from the EUR106,400 in April 2024, the real estate index compiled by ZF and real estate consultancy SVN more

03.17.2022

Real estate developer Hagag Development Europe, part of Hagag Group of Israel, continues its expansion plans in Romania and acquires an old office building located on 5-7 Vasile Lascar Street, near more

04.06.2021

Prices of old three-room apartments in Bucharest went up by EUR150 or 0.15% to EUR98,850 on average in March compared with February, real estate consultant SVN Romania data show. more

06.10.2020

Lithuanian Apex Alliance Group, held by several Lithuanian entrepreneurs, including Nerijus Numavicius, deemed the richest man in Lithuania, will be opening the Moxy Bucharest Old Town hotel (a more

03.21.2018

Adidas, one of the largest sporting goods manufacturers in the world, closed the store it opened in Bucharest’s Old Town seven years ago, without commenting on the decision. The few retailers more

07.01.2016

The average price of old apartments in capital city Bucharest rose to EUR79,650 in June 2016 from EUR78,400 a month ago, which translates into an increase of 1.59%, or EUR1,250, according to ZF’s more

02.01.2016

The Lithuanian investors who own the four-star Europa Royale Hotel at the entrance to Bucharest’s Old Town are investing in a new hotel in the area, near Romania’s central bank headquarters, more

12.03.2015

Six of the best known hangouts in Bucharest’s Old Town, including the City Grill restaurant on Lipscani Street, the Biutiful bar and Club Fire, closed last week, once President Klaus Iohannis more

10.27.2015

Representatives of local carmakers Dacia and Ford on Tuesday said Romania has too many old cars, despite the government-backed cash-for-clunkers program, and they keep adding to air pollution levels more

04.06.2015

The average asking price of old three-room apartments in Bucharest went down in March for the first time since the start of the year, hitting an average of around EUR75,300, according to ZF real more

11.12.2014

Asking prices of old 3-room apartments in Bucharest dropped in October by 1.8%, or EUR1,350, to EUR74,500, according to ZF Real Estate Index compiled in partnership with real estate consultancy more

09.30.2014

Retail has come to take up one quarter of the over 300 spaces of Bucharest’s old town, an area still dominated by HoReCa units. more

02.20.2014

Sales of tequila, a drink that sold less than 20,000 liters on the Romanian market a decade ago, reached some 228,000 liters last year, up 43% compared to 2008, while most spirits categories saw more

02.17.2014

Bookstore chain Carturesti, held by local entrepreneurs Nicoleta Dumitru and Serban Radu, has rented one of the buildings that used to house the Chrissoveloni Bank on the Lipscani Street, in more

01.28.2014

The bars with the highest sales in Bucharest’s Old Town each make more than EUR1 million revenue a year, three or four times more than the average. more

12.12.2013

Turkish fashion retailer Koton, which has four stores in Bucharest, has bought a 1,200 square meter building in the city’s Old Town for EUR4.5 million from an Irish businessman, sources close to the more

12.10.2013

A Dutch investor has bought the building of the former Bucuresti department store, one of the most important retail destinations in Bucharest before 1989, from the heirs of the founders for more than more

11.27.2013

Less than a decade ago, Bucharest’s Old Town was a place of derelict buildings, homeless people and stray dogs freely roaming the streets. Now some 200 bars, restaurants and coffee shops populate more

10.22.2013

More than 107,000 cars older than ten years have been registered in Romania since the beginning of the year. more