IMPACT Developer & Contractor reports revenues of 137.9 million RON at group level in the first nine months of 2024, up 29 percent compared to the same period last year. Gross profit increased by 12 percent, with a value of […]
VGP, a European provider of logistics and semi-industrial real estate, has leased a 4,580 sqm space to Rondocarton Romania at VGP Park Timișoara for storage operations. Rondocarton will conduct its storage operations in the newest building at VGP Park Timișoara, […]
The first three quarters of 2024 saw positive developments in Romania’s industrial and logistics real estate sector. Total rental demand reached 520,000 square meters from January to September, marking an 8 percent decrease from the same period last year, according […]
According to data provided by the National Agency for Cadastre and Land Registration (ANCPI), in October 2024, there was a 19.5 percent increase in home sales in the Capital compared to the previous month, with 4,970 properties sold compared to […]
GARBE Industrial Real Estate, one of the leading providers and managers of logistics, light industrial and technology real estate in Germany and Europe, just set up a new company in Romania. Under the leadership of CEE Managing Director Martin Polák […]
One United Properties recorded turnover of 208.5 million euros in the first nine months of 2024, an 11 percent year-on-year decrease. Gross profit for the period was 70.8 million euros, while net profit reached 60 million euros. “This has been […]
IMPACT Developer & Contractor started the last quarter of the year with record sales. In October, the company traded 73 units in the Greenfield Baneasa compound, with a value of over 8 million euro. This represents a monthly maximum in […]
The new supply of retail projects could exceed the threshold of 200,000 sqm in 2024, when considering that 140,000 sqm of shopping centers and retail parks were delivered nationwide in Q1 – Q3, according to the Cushman & Wakefield Echinox […]
MASTERBUILD General Contractor & Developer completed the works on a new shopping center in Pitesti, developed by Square 7 Properties in partnership with the Belgian investment fund Mitiska REIM. The new Pitești Shopping Park is located in the northern area […]
The first-of-its-kind in-city logistics hub in Bucharest is now fully operational The BREEAM Very Good certified, highly customized space of approx. 41,500 sqm has been almost entirely leased Tenants include Cărturești, MKS, Editura Trei, Banca Pentru Alimente, Homplex, Vel Pitar […]
