One United Properties recorded turnover of 208.5 million euros in the first nine months of 2024, an 11 percent year-on-year decrease. Gross profit for the period was 70.8 million euros, while net profit reached 60 million euros. “This has been […]
IMPACT Developer & Contractor started the last quarter of the year with record sales. In October, the company traded 73 units in the Greenfield Baneasa compound, with a value of over 8 million euro. This represents a monthly maximum in […]
The new supply of retail projects could exceed the threshold of 200,000 sqm in 2024, when considering that 140,000 sqm of shopping centers and retail parks were delivered nationwide in Q1 – Q3, according to the Cushman & Wakefield Echinox […]
MASTERBUILD General Contractor & Developer completed the works on a new shopping center in Pitesti, developed by Square 7 Properties in partnership with the Belgian investment fund Mitiska REIM. The new Pitești Shopping Park is located in the northern area […]
The first-of-its-kind in-city logistics hub in Bucharest is now fully operational The BREEAM Very Good certified, highly customized space of approx. 41,500 sqm has been almost entirely leased Tenants include Cărturești, MKS, Editura Trei, Banca Pentru Alimente, Homplex, Vel Pitar […]
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 […]
