Romania maintains the third position in the top of the European countries with the cheapest new housing, after Bosnia and Herzegovina and Greece, with an average price of 1,504 EUR/sqm in 2023, slightly up from 1,461 EUR/sqm in 2022, according […]
One United Properties reports residential sales and pre-sales of 123.3 million euros in the first half of 2024. In H1 2024, the Group sold and pre-sold 452 apartments and commercial units with a total surface of 43,809 sqm, 624 parking […]
In the first half of 2024, Atelierul de Slăbit expanded with a new location within Timpuri Noi Square, a real estate project developed by Vastint Romania, and is preparing to open its fourth and largest beauty center in Bucharest. The […]
Real estate developer STC Partners has finalised the acquisition of land on Ferdinand Boulevard in the Foișorul de Foc area in Bucharest and announced the launch of the Quartier Ferdinand residential compound, a project with an estimated investment of almost […]
VGP, a European provider of logistics spaces and semi-industrial real estate, has started the construction works to expand building B at VGP Park Brașov. This phase will add an additional 13,813 sqm to the existing 20,920 sqm already leased, thus […]
Companies leased 410,500 sqm of industrial & logistics spaces in H1, a total which reflects a 25 percent drop when compared with H1 2023. However, the new demand had a share of 52 percent in the overall leasing volume in […]
The European Investment Bank (EIB) is lending Belgium-based Warehouses De Pauw (WDP), which develops and leases logistics properties across Europe, 250 million euros to install rooftop solar panels and increase electric-vehicle charging stations for tenants. The loan is for up […]
Cushman & Wakefield Echinox announces that four local businesses – Sciccheria, Steam, Velocita, and French Revolution – are the newest tenants within the boutique office building Arghezi 4, located in the heart of Bucharest, near University Square. The Italian restaurant […]
In response to the dynamic growth of LPP brands in the markets of Southern Europe, LPP Logistics has decided to launch another e-commerce warehouse in this region. The 40,000 sqm facility in Romania is already the second fulfillment center managed […]
Flanco Retail, one of Romania’s leading retailers of electronic and household appliances, announces the move of its headquarters to SkyTower Bucharest, the tallest building in Romania. Starting in July, Flanco occupies the entire 11th floor of SkyTower, spanning over 1,150 […]
