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Property

C&W’s real estate transactions to over EUR 300 mln in 2017

News February 19, 2018 17:07 0 comments

Cushman & Wakefield’s  (C&W) real estate transactions reached over EUR 300 million in 2017, meaning 30 percent of an investments volume close to EUR 1 billion. The transactions implied assets from retail sector, industrial spaces…more »

Societe Generale European Business Services signs with West Gate and expands by 2,600 sqm

News February 19, 2018 15:39 0 comments

Business park West Gate, owned by Genesis property, expands Societe Generale European Business Services’ offices, reaching to 17,000 sqm overall. The contract signed with West Gate will expire in 2024. „We continue the development of…more »

Constructions sector down by 5.4 pct in 2017

Constructions February 14, 2018 12:12 0 comments

Constructions works sector down year-on-year by 5.4 percent in 2017, affected by the decrease in the infrastructure works and non-residential constructions, while the residential constructions increased significantly, according to the data of the National Institute…more »

GAME WORLD GROUP leases 2,000 sqm in AFI Tech Park

Commercial February 14, 2018 10:13 0 comments

AFI Tech Park business campus, the new office destination currently developed by AFI Europe Romania, signed a new lease agreement of approx. 2,000 sq m in AFI Tech Park 1 with GAME WORLD GROUP. The…more »

Analysis. Real estate financing set to remain in cautious mode

Commercial February 14, 2018 10:00 0 comments BR Exclusive

In a market bucking the trend of growing interest rates, Romania’s commercial real estate sector will continue to attract bank financing, and although lenders are venturing into the sector carefully, players claim the positive economic…more »

remax

RE/MAX expands network to 25 offices in Romania

Offices February 13, 2018 11:05 0 comments

RE/MAX Romania, part of the global leader in real-estate and the number one franchise on this segment, announced the expansion of their Romanian network to 25 offices. The most recent franchises in the company’s portfolio…more »

Romania’s state road company makes new try in building the first motorway in the country’s poorest region

Constructions February 13, 2018 10:38 0 comments

The National Company of Road Infrastructure Administration (CNAIR) announced this Monday that were submitted 4 offers for the projection and execution of Bacau city’ belt, a project estimated at RON 773.65 million, without VAT. Bacau…more »

railway

North Railway Station – Otopeni Airport train link delayed until 2020

Constructions February 12, 2018 14:45 0 comments

The railway between the Bucharest North Railway Station and Otopeni Airport will not be ready before 2020. The idea had been revived in 2016 and should have been ready this year according to plans, but…more »

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Romanian industrial production up by 8.2 pct in 2017

Industrial February 12, 2018 10:14 0 comments

Romanian industrial production went up year-on-year by 8.2 percent in 2017 on gross series, due to the increases in the three industrial sectors, respectively the manufacturing industry (+8.9 percent), extractive industry (+5.9 percent) and the…more »

dedeman

Dedeman buys land in Bucharest

Land February 09, 2018 10:30 0 comments

Dedeman, the construction materials and interior decorations retailer owned by the Paval brothers, has bought a 3,000 sqm plot of land from ICMA, a producer of heaters and boilers, according to Profit.ro. Dedeman is the…more »