STRABAG Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office building “The ARC”. This new development will bring a modern ten-story Class A office building to […]
Retail projects totaling more than 87,000 sqm were delivered throughout H1 2024, corresponding to a sharp increase when compared with the 30,000 sq. m new supply from the same period of 2023. This year’s evolution was mainly fueled by the […]
The first half of 2024 saw a dynamic increase in the delivery of new retail projects, adding approximately 106,000 square meters to the total retail stock – more than three times the amount delivered during the same period last year, […]
Meta Estate Trust announced its financial results for the first half of the year. The company reported total revenues amounting to RON 19.19 million (H1 2023: RON 6.63 million) and a net profit of RON 6.31 million (H1 2023: RON […]
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces the launch of its first CTBox building in Romania, located within the largest industrial park in Central and Eastern Europe, CTPark […]
One United Properties reports consolidated turnover of 699.4 million RON (down 17 percent) and gross profit of 264.5 million RON in the first six months of 2024, and net profit reached 228.6 million RON. The net profit registered a 20 […]
Logicor, a leading owner, manager and developer of logistics real estate in Europe, has recently acquired a 4.6-hectare plot of land from toy retailer Jumbo. This land, located on Pallady exit towads Autostrada Soarelui, was purchased in a deal brokered […]
VGP, a European provider of logistics and semi-industrial real estate, signed a lease agreement with Miele Tehnica Brașov, a subsidiary of the German Miele group, for 2,000 square meters, within VGP Park Brasov. The company will use this space to […]
Deloitte Romania assisted the real estate developer AFI Europe in the acquisition of the Bucharest Financial Plaza office building from Immofinanz group. The transaction has an estimated value of approximately 27 million euros and was recently signed. The Bucharest Financial […]
The demand on the Bucharest hotel market in the first half of the year compared to the same period of 2023 had experience an increase of 3 percent, however, it remained below the 2019 level, according to data from the […]
