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 […]
The rapid growth of the private medical sector is also making waves in real estate: major networks of private clinics and hospitals in Bucharest currently occupy spaces totaling over 215,000 square meters, as per an analysis by real estate services […]
One United Properties posts a consolidated turnover of 84.3 million euros for Q1 2024, a 5 percent decrease compared to Q1 2023. The gross profit reached 37 million euros, a 2 percent year-over-year increase, while the net profit amounted to […]
Real estate investor Hagag Development Europe takes over residential project “Obor Est Residence” located in East Bucharest, on the former “Izolatorul” industrial platform. Following upgrades made to the overall concept and design theme, the company re-launches the project under the […]
Vastint Romania announces the signing of a new lease agreement within the Timpuri Noi Square office project with KARL STORZ Endoscopy Romania, a sales subsidiary for the international leader in the field of endoscopy, KARL STORZ. The company will start […]
Companies leased approximately 200,000 sqm of industrial and logistics spaces in Q1, the demand being primarily generated by manufacturing companies, FMCG and logistics operators, according to data from the Cushman & Wakefield Echinox real estate consultancy company. Romania ranked second […]
Fintech start-up MetaWealth partners with One United Properties in a 20 million Euro framework agreement for rental apartments that will give MetaWealth investors access to residential projects developed by One United Properties in Romania. MetaWealth will list three new assets […]
Activity in the land market has slowed over the past year, but investor enthusiasm for Romania’s long-term potential remains stable. Demand for strategic land plots, which now can be secured at more interesting terms than in a highly active market, […]
Real estate investor-developer Hagag Development Europe appoints Ana-Maria Nemtanu as leasing director. In her role, she will coordinate the leasing activities for the company’s commercial portfolio that currently encompasses a total leasable area of about 18,000 sqm of office and […]
