“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 […]
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), strengthened its Romanian management team with the appointment of Ionuț Puiu as Construction Director starting in May. After a three-year hiatus pursuing […]
Valentin Neagu, expert in real estate and financing, with a strong background in investment, acquisitions, industrial development, and real estate asset management, joins Crosspoint Real Estate as Managing Director. In his new role, he will focus on increasing and expanding […]
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, […]
