CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has acquired from Globalworth an industrial portfolio of 270,000 sqm GLA and 30ha landbank in six locations in Romania. The portfolio is […]
DP World Romania, a global leader in logistics and supply chain solutions, is expanding its business operations within Romania and is opening an office in the One Cotroceni Park class A office building. The new lease agreement spans a term […]
The retail market in Romania had a slow start this year in terms of development activity. However, a consistent recovery is expected for the rest of the year, as projects totaling approximately 120,000 sqm are scheduled to be completed in […]
The first quarter of 2024 ended with real estate investments in Romania totalling 202 million euros, up 69 percent compared to the first three months of 2023, with transactions in the retail segment accounting for around two-thirds of the volume, […]
The initiation of the project to extend the M4 metro line from Străulești to Gara de Nord, and onward to Gara CFR Progresul, promises new development prospects in southern Bucharest, according to an analysis by the real-estate consultancy company iO […]
NEPI Rockcastle, the largest owner, developer and operator of shopping centers in Central and Eastern Europe reported net operating income of 135 million euros, up 12.7 percent in the first quarter of 2024 Tenant sales, excluding hypermarkets, were 10.5 percent […]
VGP, a European provider of logistics spaces and semi-industrial real estate, has started the construction of the third building in VGP Park Bucharest North (A3). Building A covers an area of 25,950 sqm and has already two significant tenants, who […]
The office market in Bucharest has shown a sustained demand growth in Q1, both in terms of the transacted volume and of the average lease size, amid an extremely limited new supply, according to data from the Cushman & Wakefield […]
IMPACT Developer & Contractor achieved revenues of 41 million RON at group level in the first quarter of 2024, up 89 percent compared to the same period last year. The gross profit recorded is 13.5 million RON, with a gross […]
The real estate market in Bucharest continues to demonstrate in 2024 a remarkable performance, reflecting its attractiveness in a challenging economic environment. According to official data, in April 2024, 4,694 homes were sold in Bucharest, which represents a 63 percent […]
