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 […]
Deloitte Romania assisted the Romanian entrepreneurial group Alfa Group in the acquisition of the largest part of the IRIDE Park project, located in the North of the Capital, along with two other properties in the proximity, from CPI Property Group, […]
A multijurisdictional team of lawyers coordinated by Mădălina Rachieru-Postolache, Partner Clifford Chance Badea, advised NEPI Rockcastle in connection with its latest green bonds issue, worth EUR 500 million. The bond issue, oversubscribed more than six times, marks NEPI Rockcastle’s return […]
PeliPartners announces the successful signing of a significant transaction for Alfa Group on the acquisition of the IRIDE Business Park project from CPI Group. The transaction is not only limited to the acquisition of office space, but also includes related […]
The office occupancy costs in Bucharest have increased by approximately 10 percent over the past two years, being driven by the growth in operational costs and by the rent indexations in a period with high inflation. The most significant factors […]
Global Vision, a leader in the Central and Eastern European real estate and energy sectors, announces the launch of its new Technology and Innovation Division. This initiative aims to implement custom AI solutions to enhance sustainability, operational efficiency, and innovation […]
Homing Properties, the real estate developer specialized in the medium and upper residential segment, invests 35 million euros in the construction of a residential complex of luxury villas in the northern area of Bucharest. The project will be developed on […]
Leasing activity in the Bucharest office market in the first half of 2024 saw new demand rise by 7 percent year-on-year, reaching 64,000 square meters, while total demand slightly decreased to 160,000 square meters, according to Colliers’ report on real […]
CPI Romania, part of CPI Property Group, signed this year lease agreements totaling 41,500 sqm, adding multinational companies to its local office portfolio and maintaining its average occupancy rate of retail projects at 98 percent as a result of investments […]
