Property - Business Review

Property

George Didoiu, Colliers International

Over 350,000 sqm office spaces to be delivered in Bucharest and other Romanian cities this year

Offices March 24, 2017 15:59 0 comments

Over 350,000 sqm office spaces will be delivered in Bucharest and other Romanian cities this year, as the office market registered in 2016 the highest delivery rate since the last 7 years, according to the…more »

Mihai Dinu

Colosseum Retail Park signs new tenants

Commercial March 24, 2017 15:54 0 comments

Colosseum Retail Park has signed contracts with new tenants on the back of the growth of the business. In the last two years, Colosseum Retail Park registered an increase of 19 percent in the sales…more »

Bistrita Retail Park NB - Siglele folosite au caracter informativ

Element Development to work on two retail parks worth EUR 16.5 mln in Romania

Constructions March 23, 2017 16:05 0 comments

The real estate company Element Development will start the development of a retail park in Bistrita Retail Park in 2017, following an investment of EUR 7.5 million. The commercial gallery has 9,000 square meters and…more »

vox-technology-park

Banca Transilvania and OTP Bank Romania to finance VOX Technology Park in Timisoara

Finance March 21, 2017 15:24 0 comments

Banca Transilvania and OTP Bank Romania will provide finance for VOX Technology Park, the office project developed by Werk Property Group and that will open its doors in Timisoara at the end of 2017. The…more »

electric plus

Electric Plus’ investments in Romania at EUR 1.1 mln in 2016

Constructions March 21, 2017 12:57 0 comments

Electric Plus, the company specialized in the production of thermal isolation carpentry, invested EUR 1.1 million last year. The turnover of the company amounted to EUR 23.1 million in 2016, with its brand BARRIER having…more »

new apartments

Romania ranks 15th position in Knight Frank’s 2016 global house price index

Residential March 21, 2017 11:58 0 comments

Romania jumped from the 31st position in 2015 to the 15th in 2016 in Knight Frank's global house price index. The consultancy says the local market has doubled its price growth rate in 2016, from…more »

Ben Jager and Gerard Doedee

Romania’s Honorary Consul in The Netherlands: Prices of Romanian property, below those in other countries that have similar climate and socio-economic conditions

Residential March 21, 2017 09:35 0 comments

Ben Jager, Romania’s Honorary Consul in The Netherlands, says that houses in Romania have attractive prices and that Transylvania is a region with particular interest for potential buyers. “The acquisition of a second home –…more »

laurentiu_duica_colliers_international

Analysis: Logistics and industrial space deliveries in Romania to hit post-crisis record this year

Industrial March 20, 2017 15:25 0 comments BR Exclusive

Some 500,000 sqm of logistics and industrial space are forecast to be delivered this year in Romania, which is up by 40 percent y-o-y and the highest post-crisis level, according to real estate consultancy Colliers…more »

Sun Plaza_small res

S IMMO AG concludes first remodeling stage of Sun Plaza shopping center

Commercial March 20, 2017 14:21 0 comments

Austrian real estate investment company S IMMO AG has finished the first part of the remodeling process for Sun Plaza shopping centre in Bucharest. The newly reconfigured area will open to the public starting March…more »

Razvan Cuc, Director Regional REMAX Romania

RE/MAX Romania brokers real estate deals worth EUR 100 mln in 2016

Featured March 20, 2017 12:34 0 comments

RE/MAX Romanian brokered over 1,000 real estate transactions in 2016 with a combined value of EUR 100 million, a growth by over 130 percent compared with 2015. According to company’s data, the overall commissions’ value…more »