11.12.2012

Developers completed in Bucharest office projects totaling 44,000 square meters in the first nine months of 2012, down 14.4% on the year, while rentals fell 21% to 140,000 square meters, according to more

11.09.2012

The development of Bucharest’s new real estate hub has started for several years on an about 500-meter radius around Aurel Vlaicu underground station, which could attract investments estimated by ZF more

10.29.2012

The Romanian unit of Jones Lang LaSalle (JLL), one of the leading real estate consultancy firms, has seen its management shaken up in the past three months, after three executives left the company. more

10.19.2012

Real estate developers will launch three new Bucharest residential projects worth a total of EUR40 million at the National Realty Fair (tIMOn) to take place between October 25 and October 28 in the more

10.10.2012

Half of the largest transactions signed this year on the office segment were concluded by IT&C companies, after in the past few years banks and companies in the medical services industry had concluded more

10.05.2012

Michele Nusco, CEO and one of the shareholders of Italian group Nusco, said the company will start the construction of a new office building in capital Bucharest at the end of the year. more

09.26.2012

Real estate developer Adama, acquired in full by Austria’s Immofinanz last year, has begun work on two buildings with 160 apartments part of the Optima and Edenia compounds in the Titan district in more

09.24.2012

German transport and logistics operator, DB Schenker, leased a second unit of 5,200 square meters in Phoenix Logistics Center nearby capital city Bucharest, currently occupying half of the more

09.13.2012

Shortening the duration of rental contracts from five to three years rendered Bucharest office spaces less attractive to investors, according to real estate consultancy firm Colliers. more

09.12.2012

Over 40,000 new and old homes in Bucharest and in the city’s suburbs will be put up for sale at a real estate fair organized between September 14 and 16 in the capital. more

09.03.2012

The average asking price for old three-room apartments in Bucharest reached EUR76,350, more than EUR1,700 less than at the end of last year, according to the real estate index calculated by ZF and more

08.27.2012

The highest-paid executive in Romania last year was, surprisingly, a manager in the real estate sector, who is likely to have concluded several major transactions and earned EUR1.27 million, more

08.27.2012

It looks like 2012 will be another bad year for investments in shopping malls, office buildings and residential compounds, considering that only four major projects requiring investments of nearly more

08.23.2012

Bucharest-based luxurious real estate compound Verdi Park, under bankruptcy, will be auctioned off by its liquidator September 10, at a starting price of EUR4 million. more

08.17.2012

Property firm Atrium European Real Estate on Friday reported that net rental income from the Militari Shopping Center in Bucharest reached EUR3.3 million in the first half of 2012, similar to the net more

08.01.2012

Romania’s investment volume was revised down for the whole 2012, to between EUR250 million and EUR300 million, compared with the original EUR400 to EUR450 million estimation, considering the first more

07.31.2012

The inflow of foreign real estate investors to the share capital of their Romanian units halved at EUR86 million in the first half of 2012, compared with EUR150 million during the same period a year more

07.27.2012

It is still a renter’s market out there, office landlords learn when negotiating with companies seeking space to rent, which are now offering as little as EUR5/sqm a month. This is the usual rent more

07.10.2012

Overall commercial property investment volumes in Romania registered a steep decline in the first half of 2012, to a EUR55 million seven-year low, according to consultancy company CBRE. more

06.28.2012

Romania ranked on the 40th position in a Global Real Estate Transparency classification, from 32 in 2010, according to a survey of consultancy company Jones Lang LaSalle. more

06.13.2012

Four years ago, when the old Cocor store closed for an extensive upgrade program, it was over 90% rented and the average rent stood at EUR47 per square meter. Cocor Bucuresti (COCR.RO), which owns the more

05.28.2012

Holcim Romania, one of the largest cement producers on the local market, estimates the cement market will increase by 2% to 3%, with company officials still relying on infrastructure projects, at a more

05.17.2012

Banks are still reluctant to lend to real estate investors, so developers have to take more risks if they want to continue their projects and remain on the market, according to information presented more

05.15.2012

Real estate investors have become more cautious regarding their acquisition plans in Romania due to the recent political turmoil, according to DTZ Echinox, which estimates a moderate increase in the more

04.24.2012

Alpine Romania, the local subsidiary of Austrian construction group Alpine, which built one of the most expensive office projects in Romania, Petrom City, has in the past year changed its focus to the more