Romania’s modern industrial and logistics facilities stock reached 7,1 million square meters last year, which represents the third largest I&L market among 13 of the biggest CEE economies, and developers have another over 500.000 square meters of modern I&L under […]
Leading real estate consultancy company CBRE Romania and real estate investor-developer Hagag Development Europe sign an exclusive agreement, to put Romania on the map of luxury shopping destinations. The luxury goods market in Romania is estimated to generate EUR 535.82 […]
PeliPartners assisted Mitiska REIM with financing its newest retail park in Pitesti by obtaining a development loan of 19 million euros granted by Erste Group Bank AG, with BCR acting as security agent. The loan proceeds are intended to fund […]
“Hagag owns and operates two office buildings in the center of Bucharest, old buildings that have been renovated, consolidated, and modernized. At the end of 2022, we were announcing our first H Private flex-office project – H Private Arghezi, which, […]
Forty Management has announced that Lagoon Park Bucharest – Europe’s first Public Access Lagoon (PAL) project, will open on June 12. The company says the transformation of an industrial urban landscape into an urban beach involved an investment of 33 […]
“The market of flexible workspaces has gained a lot of ground in recent years, especially after the pandemic and in the context of conflicts in the region. It is a type of product that manages to ensure flexibility at a […]
“Customers are increasingly better educated, professional. They know very well the technical characteristics of the projects; they know what they want and what to choose. Customers have a slightly more practical perspective. We often do the exercise of translating the […]
Investment in production machinery and military equipment in Romania increased by 80 percent last year compared to the pre-pandemic period, well above the EU average of 30 percent, according to Eurostat data analysed by Colliers. These figures also reflect the […]
VGP, a European provider of logistics spaces and semi-industrial real estate, marks a new stage in the development of VGP Park Timișoara by expanding the logistics park, with the construction of the eighth building. With a leasable area of 32,768 […]
Cushman & Wakefield Echinox closed 2023 with revenues of 12 million euros, marking a 15 percent increase compared with the previous year. This growth propelled the company to the second place among real estate consultants in Romania, in a year […]
