Property - Business Review


E van Wijk leases over 10,000 sqm at P3 Bucharest park

News July 24, 2017 16:20 0 comments

Pan-European logistics property investor-developer P3 has signed a deal with Logistic E van Wijk, provider of integrated transport and logistics services, to lease 10,180 sqm of warehouse space and 252 sqm of offices in the…more »

Industrial spaces demand in Romania up by 54 pct in H1 to 350,000 sqm

Industrial July 24, 2017 13:18 0 comments

Industrial and logistics spaces demand in Romania went up by 54 percent in the first semester of the year, compared with the same period of 2016, to 350,000 sqm. According to the data of JLL…more »

The outlook for the Real Estate market in 2017 in Business Review’s latest industry guide

News July 21, 2017 12:23 0 comments

Business Review’s latest Real Estate Guide reveals that the first semester of 2017 has been a positive one for the local real estate market and the upward trend looks set to maintain for the rest…more »

Alpha Real Estate Services sells apartments worth EUR 20 mln in H1

Residential July 21, 2017 11:31 0 comments

Alpha Real Estate Services, the real estate services division of Alpha Bank group, sold 202 apartments from its portfolio in the first semester. The combined value of the transactions stands at EUR 20 million. The…more »

IULIUS and Visma Software have signed a partnership for the leasing of 4,200 sqm in the UBC 3 building within Openville Timisoara

Offices July 20, 2017 14:26 0 comments Advertorial

The IULIUS Company and Visma Software, a Norwegian developer of business management software solutions, have signed a lease agreement for office premises within the United Business Center 3 (UBC 3) office building in Openville Timişoara,…more »

Cushman & Wakefield Echinox expands industrial department

Industrial July 20, 2017 11:42 0 comments

Real estate consultancy Cushman & Wakefield Echinox is consolidating its industrial department. The firm has recruited Anamaria Tihu (left of picture), who has over 10 years’ worth of experience. She has been appointed as senior…more »

Romania posts steepest constructions drop in the EU this May, says Eurostat

Constructions July 20, 2017 10:21 0 comments

Production in construction dropped by 16.7 percent in Romania this May compared to the same month a year ago, according to data from Eurostat, the statistical office of the European Union. Overall Romania posted the…more »


Impact buys EUR 10.6 mln plot of land for residential project in northern Bucharest

Residential July 18, 2017 15:52 0 comments

Real estate company Impact Developer & Contractor has bought a 22,000 sqm plot of land in the Domenii area of Bucharest for EUR 10.6 million (VAT not included), the company has announced. The land will…more »

Romania’s office take-up falls slightly to 185,000 sqm in H1, says JLL Romania

Offices July 17, 2017 14:27 0 comments

A total of some 185,000 sqm of office space was leased in the first six months of this year in Bucharest, slightly below the 192,000 sqm reported during the same time period a year ago,…more »

Globalworth develops Renault Romania’s new Bucharest centre

News July 12, 2017 17:01 0 comments

The office building operator Globalworth Real Estate Investments Ltd develops a new center for Groupe Renault Romania in Bucharest through Elgan Offices SRL, the company owned by Globalworth and Elgan Group, as a result of…more »