Real estate developer STC Partners obtains financing from Banca Transilvania for the development of phase 2 of the residential project Quartier Azuga, located near the Tei area in Bucharest, worth 10 million Euros. “Securing the Phase 2 development credit prior […]
TMF Group, a provider of compliance and administrative services, has signed a lease agreement for 1,700 square meters of office space at America House, an office building in Bucharest’s central business district (CBD). TMF Romania, a subsidiary of TMF Group […]
Large infrastructure investments, significant salary growth above inflation, a stable external economic context, and central banks’ victory in combating inflation are helping the Romanian real estate market maintain a favorable outlook. However, results are generally mixed, according to Colliers Romania […]
Vectr Holdings, through its subsidiary Vectr Realty, has acquired 100% shares of the company that owns The Landmark office building. This is part of Vectr Holdings’ growth plans in Romania. Vectr Holdings, a privately-owned group of companies, is engaged in […]
Authors: Ioana Roman (partner), Alina Savastre (associate) – Filip & Company Key goals at the EU level under the Revised Directive on Energy Performance of Buildings On 12 April 2024, the Council of the European Union adopted the revised text […]
OTP Bank Romania has concluded a 21-million-euro financing agreement with Nor Real Estate, part of Atenor, for the development and administration of @Expo project phase 1 (B1/B2), an office building located in the Expoziției area of Bucharest. “At OTP Bank […]
Colliers announces the promotion of Alexandru Atanasiu to Head of Construction Services and Member of the Board of Directors. Previously, he held the position of Deputy Head of Construction Services and Asset Services. With extensive experience in asset, property, facility, […]
Crane ChemPharma & Energy, a global industrial manufacturer and subsidiary of Crane Company, secured a lease for 3,000 square meters of production space within Industra Park Arad in Romania, developed by Oresa Industra. This transaction was facilitated by the real […]
Romania’s modern industrial and logistics facilities stock reached 7,1 million square meters last year, which represents the third largest I&L market among 13 of the biggest CEE economies, and developers have another over 500.000 square meters of modern I&L under […]
Leading real estate consultancy company CBRE Romania and real estate investor-developer Hagag Development Europe sign an exclusive agreement, to put Romania on the map of luxury shopping destinations. The luxury goods market in Romania is estimated to generate EUR 535.82 […]
