The modern stock of industrial and logistics spaces exceeded 7 million sqm across in Romania at the end of 2023, almost 80 percent of the total stock being concentrated in 3 development regions – Bucharest – Ilfov, West and South-Muntenia. Projects […]
Crosspoint Real Estate, one of the leading real estate consultancy companies in Romania, announces the promotion of Ionut Stan to Partner. Together with Codrin Matei – Principal Partner, Crosspoint Real Estate and Mihai Dumitrescu, Ionut Stan will play a role […]
Securitas, a global leader in security services, relocated its offices in Romania to Expo office complex developed by Atenor in the Expozitiei area of Bucharest, in a transaction brokered by the Cushman & Wakefield Echinox real estate consultancy company. The […]
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces a strategic collaboration with Arcese Group, the global logistics operator, which has leased 10,500 sqm at CTPark Bucharest West, the largest […]
Hospitality group Accor joined hands with Tecadra Hotels for the complete conversion and extension of the existing Tecadra Hotel in Bucharest. The existing 4-stars property is undergoing a full makeover of the façade, internal partitioning, and design. The building will […]
Financial results of commercial real estate companies (commercial spaces, business centers and offices, logistics premises) will be impacted this year mainly by cyber risks, climate-related regulatory actions and rising interest rates, according to Deloitte 2024 Commercial Real Estate Outlook global […]
Developers completed 11 retail projects in 2023, totaling approximately 215,000 sqm, a record level during the past 7 years, with retail parks having a 60 percent share, with cities such Bucharest, Craiova, Alba Iulia, Arad, Giurgiu, Vaslui benefiting from such […]
A coworking space dedicated to the business community in Iași will be inaugurated in the second quarter of this year in the United Business Center 3 (UBC) building – developed by the IULIUS company within the Palas complex. This coworking […]
Transilvania Construcții recently completed the construction of its new logistics park in its portfolio – TRC Park Bacau – a project in which the company invested over 15 million Euro. TRC Park Bacau has an area of almost 25,000 square […]
Romania’s real estate market remains a sector with high growth potential, even if the pace could be slower in 2024 than before the pandemic, Colliers consultants predict in ”Top 10 Predictions Romania 2024” report. However, this year is likely to […]
