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Anda Todor, AmCham Romania
More attention needs to be paid to the qualitative approach, rather than quantitative»
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REAL ESTATE

The office stock in the major Romanian regional cities has doubled over the past five years

2018-09-13 14:01:34
The office stock in the major regional cities - Cluj-Napoca, Timisoara, Iasi and Brasov - has doubled over the past five years and will continue to grow at an accelerated pace, being expected to...

REAL ESTATE

Atria Urban Resort, new residential project with 1,400 apartments near Straulesti Lake in Bucharest

2018-08-30 11:42:15
Straulesti Lac Alfa SA, a company owned by SIF Moldova and Cityring Property announces the development of a large-scale residential village with 1,400 apartments set in four phases up to 2023, f...

REAL ESTATE

Developers to deliver 380,000 sqm of new offices in Bucharest next year

2018-08-24 12:38:59
Real estate developers will deliver 224,000 sqm of new office space in Bucharest this year, 84 per cent of these spaces being scheduled to open in the second half.

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REAL ESTATE

European shopping centre completions fall 23 per cent as focus shifts to quality of space, says C&W Echinox

2018-08-23 14:02:44
The rate of shopping centre development in Europe is slowing, with completions down 23 per cent year-on-year at 3.8 million sqm 2017, according to Cushman & Wakefield's latest European Shopping ...

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REAL ESTATE

Telekom Romania sells 18 million Euro land in Floreasca area to One United Properties

2018-08-22 14:52:52
Telekom Romania announces the sale of a land located in Floreasca area in Bucharest to One United Properties.

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REAL ESTATE

JLL Romania promotes Andrei Vacaru to Head of Capital Markets

2018-08-22 13:11:18
JLL announces that Andrei Vacaru has been promoted to Head of Capital Markets JLL Romania, effective 1st August 2018.

REAL ESTATE

CTP invests in the facilities and infrastructure from CTPark Bucharest West

2018-07-13 11:04:51
CTP continues to strengthen its position on the domestic market through a series of major investments in the development of CTPark Bucharest West. Currently, the property's built surface exceeds...

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REAL ESTATE

Hagag Development Europe starts its first office project in Bucharest

2018-07-09 11:04:57
Real estate developer Hagag Development Europe, part of Hagag Group Israel, starts construction works for its first office project in Bucharest: H Victoriei 109. Over eight million Euro will be ...

REAL ESTATE

JLL advises Atrium Real Estate in Militari Shopping Centre transaction

2018-07-06 14:49:28
JLL has advised Atrium European Real Estate Ltd. (Atrium) on the successful sale of Militari Shopping Centre in Bucharest, Romania, to MAS Real Estate, for 95 million Euro. The transaction, sign...

REAL ESTATE

P3 relocates HQ to Charles de Gaulle Plaza

2018-06-25 13:17:29
European investor and developer of logistic properties P3 relocated its headquarters to Charles de Gaulle Plaza, one of the most iconic office buildings in Bucharest, owned by the German group G...

REAL ESTATE

CTP appoints Daniel Paraschiv as business development manager for Transylvania region

2018-06-20 14:27:25
Industrial parks developer CTP has appointed Daniel Paraschiv as Business Development Manager for Transylvania, starting June. He will oversee the company's growth and strengthening in the Weste...

REAL ESTATE

Dutch office company Spaces opens first locations in Bucharest

2018-06-20 13:56:35
Dutch workspace company Spaces is opening its first two locations in Bucharest at Unirii View Tower and Campus 6. Constructions have already started and they are due by Q3 2018.

REAL ESTATE

AFI Europe Romania starts the construction of AFI City residential project

2018-06-19 15:28:57
AFI Europe Romania announces the start of the AFI City residential project construction. First phase is to end in 16 months and will deliver two buildings with 190 homes.

REAL ESTATE

H&M leases 1,000 sqm for future HQ in Unirii View project

2018-06-19 10:14:41
Fashion retailer H&M leases 1,000 sqm for its future HQ in Unirii View office project.

REAL ESTATE

Real estate developer Prime Kapital launches its first residential project in Bucharest

2018-06-07 13:02:25
Regional real estate developer and investor Prime Kapital announces its first residential project, Avalon Estate, offering approximately 800 residential units within a gated-community concept.

REAL ESTATE

British investor puts 30 million Euro in new mall in Northern Bucharest

2018-06-06 16:11:19
Nova Imobiliare, the company that owns the Colosseum retail park in Northern Bucharest, will invest some 30 million Euro in expanding the project with a mall.

REAL ESTATE

Belgian real estate group finalizes one of the biggest land transaction in Romania

2018-06-06 13:39:09
Romanian broker specialized exclusively in industrial real estate Dunwell, and VGP, one of the main industrial parks developer in Germany and CEE, concluded a 230,000 sqm land transaction in Bra...

REAL ESTATE

Element Industrial invests 25 million Euro for new industrial project in Bucharest

2018-06-06 10:45:17
Element Industrial, a new real estate development company focusing on logistic projects, will develop a portfolio of industrial projects in Bucharest and Romania. The first is ELI PARK 1, to be...

REAL ESTATE

German IT company expands in Openville Timisoara

2018-06-05 13:45:47
A new multinational company has joined the United Business Center, the office component of the Openville Timisoara mixed-use project. Steadforce is a German software consultant and developer, it...

REAL ESTATE

AFI Europe Romania posts 13.6 million Euro net operating income, up 12 per cent in Q1 2018

2018-05-18 12:05:19
AFI Europe Romania published its financial results; The Net Operating Income from its income producing assets in Romania reached 13.6 million Euro during Q1 2018, representing 12 per cent high

REAL ESTATE

Portland Trust sells Oregon Park to Lion's Head Investments

2018-05-15 13:33:34
Lion's Head Investments makes its first steps into the Romanian real-estate market and announces the acquisition of Portland Trust's and Ares Management's Oregon Park project, which consists of ...

REAL ESTATE

JLL secures 11 million Euro for refinancing of Lascar 31 Business Center Bucharest

2018-05-15 13:20:42
JLL has successfully secured 11 million Euro to refinance the Lascar 31 Business Center Bucharest on behalf of the manager of the project, ForeVest Capital Partners. Intesa Sanpaolo Bank Romania...

REAL ESTATE

Skanska sells first office building in Campus 6 Bucharest to CA Immo

2018-05-07 11:01:51
CA Immo has acquired Campus 6.1 office building in Bucharest from Skanska. The transaction volume is 53 million Euro. The closing of the transaction is subject to the conditions usual for such t...

REAL ESTATE

Companies leased 38,000 sqm of office space in the first quarter, says Colliers

2018-04-30 12:15:23
The office market in Bucharest recorded a new net take-up of up to 38,000 sqm in the first quarter of this year. According to Colliers International, demand has come from the energy / industrial...

REAL ESTATE

Iulius to begin the construction works for the fourth office building in Openville Timisoara

2018-04-30 09:26:32
The Iulius Company commences the construction works for the fourth office building of the total six to be included in the Openville Timisoara mixed-use development.

REAL ESTATE

Coldea Constructii to expand on the Romanian real estate market

2018-04-27 11:33:35
Coldea Constructii announces its plans to expand on the Romanian real estate market and focuses on innovation and digitalization.

REAL ESTATE

Oasis Development brings new tenants for Prima Shops Oradea

2018-04-24 11:35:29
Oasis Development, one of the most active retail developers in Romania, welcomes new international and local brands within Prima Shops, the company's retail park & strip mall concept in Oradea....

REAL ESTATE

Office spaces are being adapted to millennials' requirements, says Colliers

2018-04-20 11:04:31
One third of Central and Eastern European professionals (CEE) - Poland, the Czech Republic, Slovakia, Hungary, Romania, Bulgaria - believe their workplace will change over the next 2-3 years, ac...

REAL ESTATE

Bucharest reached over one million employees this year, says C&W Echinox

2018-04-19 14:37:20
The number of employees in Class A and B office buildings in Bucharest reached around 250,000 at the end of last year, while the total number of employees in the Capital exceeded the threshold o...

REAL ESTATE

AFI City residential project certified as a Green Home

2018-04-18 10:59:41
AFI Europe Romania enters ROGBC's Pre-Certification phase as Green Project with AFI City's first two residential buildings developed by the company in Bucharest.

REAL ESTATE

Vox Vertical Village to be delivered in Timisoara at the end of 2019

2018-04-18 10:53:45
Vox Vertical Village represents the first "vertical village" concept on the local real estate market and will reunite 120 houses in a building with ten levels. Over a third of the constructed ar...

REAL ESTATE

CTP started the construction works in CTPark Cluj II

2018-04-17 13:47:17
CTP started the construction works for CTPark Cluj II, a new logistics park located near Cluj-Napoca, in Floresti. The property will comprise a total leasable area of 30,000 sqm and will be fina...

REAL ESTATE

Porsche Engineering Romania leases 3,500 square meters of office space in Cluj-Napoca

2018-04-17 12:31:02
The software developer for the automotive industry Porsche Engineering Romania, the local subsidiary of Porsche Engineering Group GmbH, leased 3,500 square meters of modern office space in Vivid...

REAL ESTATE

Pernod Ricard Romania leases 600 sqm of office space in Unirii View

2018-04-16 11:02:12
Pernod Ricard Romania, one of the most important distilled beverages importers in Romania, leased 600 square meters of office space in Unirii View, the tallest modern office building in downtown...

REAL ESTATE

Bucharest office market: 30 percent of the demand came from the companies that moved into modern projects

2018-04-12 14:09:38
Companies have rented in the first quarter almost 70,000 square meters of office space in Bucharest, one third of the demand came from companies that formerly had its headquarters in old, small ...

REAL ESTATE

Companies return back into the city, says real estate research

2018-04-11 13:54:02
When choosing where to relocate offices that companies are occupying, new emerging areas, closer to city center gain relevance. According to a development assessment qualitative report elaborate...

REAL ESTATE

Vastint leases 1,700 sqm at Timpuri Noi Square to Zitec

2018-04-04 11:28:22
Vastint Romania has leased 1,700 sqm of office space to Zitec, in the mixed-use development project at Timpuri Noi Square in Bucharest.

REAL ESTATE

Conadi: One opportunity for the residential market is to deliver high-quality projects adapted to buyers' needs

2018-04-04 09:59:10
Romania's residential market has started to recover, coming closer to normality and likely to achieve its maturity soon, according to Daniela Barbu, Marketing Communications Specialist at Conadi...

2 Comments

REAL ESTATE

Great potential comes with big challenges

2018-04-04 09:53:10
The residential market in Romania registered new record investments in 2017, one of its best years so far - and analysts said the trend will continue for sure this year.

REAL ESTATE

ESOP: We expect that the green building trend further grows

2018-04-04 09:50:54
The Romanian market is one of the most dynamic in the region due to the accelerated development in IT&C, BPO, shared services industries, and to the expansion of research & development centres t...

2 Comments

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Romanian Energy Awards 2018: Celebrating Excellence

The Diplomat - Bucharest celebrated performance and exceptional accomplishments in the Romanian energy field, awarding 17 performers in both conventional and renewable energy, with the seventh annual event brin...