In addition to SunLake Snagov, the developer is also working on SunLake Residence, SunLake Homes and SunLake Pipera projects; The total market value of Park Properties projects in Romania will exceed €100 million; Park Properties has completed over 300 […]
Romania’s construction sector reached record levels in 2023 and 2024, supported by strong private demand for certain property segments and a significant increase in public investment, from major infrastructure projects to hospitals, financed by national and European funds. However, in […]
CTP extends its partnership with FAN Courier by leasing an additional 4,500 sqm in CTPark Deva. This new expansion brings the total space occupied by FAN Courier in CTP’s portfolio to over 10,000 sqm, with the company already established in […]
ELI Parks announces the expansion of Dr. Max Romania’s operations within the ELI Park Iasi industrial project. The new facility will cover 10,500 sqm warehouse and 1,300 sqm of office space. “The relocation of our warehouse in Iași marks a […]
British software services company Endava has renewed its lease for a further five years at the United Business Center building, part of the Iulius Mall Cluj development. The deal, brokered by real estate consultancy Colliers, covers 4,300 square meters of […]
The total stock of industrial and logistics spaces in Romania could reach the 8 million sqm threshold at the end of 2025, if the recent annual development pace of 500,000 sqm is maintained. As of mid-year, over 7.125 million sqm […]
Trading activity in the office market slowed in the third quarter of this year, mirroring trends from 2021-2022. Total demand for modern leased office space in Bucharest dropped by 25 percent to 236,000 square meters compared to the same period […]
Luther Immobiliare announces the takeover and continuation of the “Fosta Fabrica” project, an extensive project of conversion and consolidation of monuments and urban regeneration. After its acquisition, Luther Imobiliare continues to develop the area, keeping the vision of transforming a […]
Impact Developer & Contractor announces it started the delivery of 732 apartments completed in the new phase of development of the Greenfield Baneasa neighborhood, located in District 1 of Bucharest. Together with the district heating plant that will serve the […]
Falling housing approvals and therefore supply, coupled with rising demand, expectations of easing monetary conditions amid falling inflation and further wage increases, set the stage for rising house price pressures over the medium term. Colliers’ consultants estimate that if current […]
