08.20.2014

The vacancy rate of offices in Bucharest has dropped slightly this year, to 15.7%, and 330,000 square meters are still vacant, even though the market saw a record lease volume in the first half, more

08.15.2014

The Romanian real estate market will soon attract new institutional investors, following the resurgence of deals in markets like the UK, France, Germany and Ireland, Spain and Italy, where sales of more

08.08.2014

Real estate developers completed in the first half of 2014 office buildings for another 8,000 employees in Bucharest and 60,000 square meters of industrial space countrywide, but no shopping mall was more

08.07.2014

Greek-born Ioannis Papalekas, one of the lowest-profile investors on the Romanian real estate market, has invested more than EUR300 million in office, retail and industrial space and several plots of more

07.15.2014

Bucharest no longer has any plant employing at least 1,000 people, according to a ZF survey based on Trade Registry data regarding the 500 largest employers headquartered in Romania’s capital city. more

07.03.2014

French-held retailer Auchan has reached an agreement to buy 12 hypermarkets and shopping galleries in Romania located in Bucharest, Timisoara and other eight cities. The deal amounts to about EUR280 more

06.09.2014

Most real estate consulting firms in Romania reported increases in turnover in 2013, with firms Krammer&Wagner, DTZ and CBRE boasting the best evolution and Coldwell Banker and Colliers International more

06.02.2014

Real hypermarkets reported losses of almost 304 million lei (EUR68.7 million) last year, the steepest since the company entered the Romanian market in 2006, according to Trade Registry data. more

05.30.2014

Some real estate developers continue to build homes and the demand for office space is picking up, while sales of construction materials like polystyrene and bricks have been on the rise since the more

05.28.2014

SIF Imobiliare (SIFI.RO), a firm registered in Cyprus and held by Romanian regional investment fund SIF Banat-Crisana (SIF1.RO), Wednesday said it set up the firm SIFI TM Agro to which it granted a more

05.22.2014

Bucharest-based construction company Delta ACM 93, controlled by businessman Florea Diaconu, will transfer part of its patrimony and the real estate operations to a new entity, Carpati Asset more

05.21.2014

Real estate investors have started to come to Romania, but they are not yet willing to invest, said Dietmar Reidl, Chief Operating Officer at Austrian Immofinanz Group, one of the largest property more

05.19.2014

In the past five years, the real estate portfolio of investment fund NEPI has swollen from less than EUR100 million to over one billion euros. South-African-born Martin Slabbert, the fund’s chief more

05.15.2014

The number of real estate deals in Romania increased nearly 8% (over 21,000 transactions) in January-April 2014, reaching 283,871 deals, the national cadastre agency ANCPI said Thursday. more

05.13.2014

Auchan Romania offered EUR19 million to Rolast company for the real estate which hosts Auchan Gavana hypermarket in Pitesti city (former real) and the complex of shops, the company stated. more

05.07.2014

Owners of old 3-room apartments in capital Bucharest gathered up courage at the beginning of this year and started slightly raising the asking price in certain districts of the city. more

05.07.2014

Real estate developer AFI Europe, controlled by Israeli billionaire Lev Leviev, started works for buildings four and five of AFI Park office project, built around AFI Palace Cotroceni shopping center more

05.05.2014

The share of homeowners who took out a mortgage loan tripled on the year in 2013, while the average value of a loan reached RON140,000 (EUR31,700), according to a study conducted by local lender BCR, more

05.02.2014

OMV Petrom (SNP.RO), the largest oil and natural gas producer in Romania, is selling about 70 pieces of property, such as land, apartments, corporate buildings, a sports center and a public swimming more

04.28.2014

Businessman Ioannis Papalekas, one of the most discreet investors on the Romanian real estate market, in early 2014 repurchased office buildings BOB and BOC of northern Bucharest from RREEF, the real more

04.16.2014

Romania ranks third in Central and Eastern Europe (CEE), after Poland and Russia, regarding the value of real estate transactions which saw tremendous growth in the first quarter of 2014, to EUR303 more

04.14.2014

Kiseleff Development, owned by several Romanian investors, will assign EUR40 million for the construction of an office building and a shopping center on the site of the former Grivita brewery in more

04.11.2014

Auchan group finalized the refitting of the 20 Real stores it officially took over at the end of last July after it got the Competition Council’s ok. The French group invested around EUR40 million more

04.08.2014

Romanian insolvency practitioner Casa de Insolventa Transilvania (CITR) sold real estate assets in of around EUR10 million in March, including a EUR1 million penthouse in the Alia Apartments more

04.02.2014

Romtelecom, one of the largest telecom operators in Romania, has chosen audit and advisory firm KPMG to appraise its real estate assets throughout the country. Romtelecom owns almost two million more