Genesis Property, one of Romania’s leading office building owners, announces the appointment of Ionel Purice as Chief Executive Officer (CEO). He has over 15 years of experience in the construction industry, including the past five years at Genesis Property. Previously, […]
The modern retail stock in Romania reached 4.62 million sq. m, with projects cumulating around 180,000 sq. m GLA being completed in 2024, reflecting a 15 percent decrease when compared with 2023, while still being one of the best years […]
Deloitte Romania assisted IMO Property Investments Bucharest, the company part of Eurobank Group active in the strategic oversight and divestment of real estate assets, in the sale of 100% of its shares to APS Group, an alternative asset management investor […]
CTP announces the relocation of Losan Depot, a leader in the distribution of materials for the furniture and interior design industry, to CTPark Bucharest North, where it has leased a 3,500 sqm space. Losan Depot was founded in 2005 under […]
Romania’s economy and real estate market enter 2025 with positive long-term prospects, but face significant challenges in the year ahead, Colliers consultants predict in the report ”Top 10 Forecasts for the Romanian Real Estate Market in 2025”. Optimism about long-term […]
Otilia Bordei, Roxana Ilie and Louis Juhel, a team of three experts with over 30 years of combined experience in the real estate market, are launching TREEE, a consulting company specialized in identifying and brokering office spaces. The company was […]
Vastint Romania has signed a new lease agreement for an area of approximately 1,200 sqm GLA with Softeh Plus, one of the most important developers of medical software systems in Romania. Softeh Plus will move its headquarters in Timpuri Noi […]
“Flexibility in lease agreements is a growing trend, with landlords offering shorter lease durations, options for expansion or contraction, and more adaptable terms. In 2024 we managed to secure for our clients customised lease structures to cater to their specific […]
Despite the challenging backdrop, marked by political and economic uncertainty, the Romanian land market reached a solid transaction volume of 450 million Euros in 2024, broadly comparable to the previous year, as per Colliers estimates. The real estate consultancy tracks […]
Official data provided by the National Agency for Cadastre and Real Estate Publicity (ANCPI) show that in December 2024, 18.7 percent more homes were sold in the capital than in November, more precisely 5,136 properties, compared to 4,326 units bought […]
