Commercial - Business Review



AFI Europe Romania gains 12.7 pct in net operational income to over EUR 12 mln in Q1

Commercial May 24, 2017 13:00 0 comments

AFI Europe Romania recorded a net operational income of EUR 12.2 million in the first quarter of this year, up 12.7 percent compared to the same period of last year on the back of growing…more »

david canta

Canadian Avison Young opens office in Bucharest | New real estate consultancy in Romania

Commercial May 15, 2017 10:58 0 comments

Canada-based Avison Young, the real estate consultancy, has opened its first office in Bucharest. The move is designed to support the development of European operations and multi-market transactions on both sides of the Atlantic, according…more »

Gabriel Voicu

Residential demand in Romania is “healthy”, says Gabriel Voicu (Coldwell Banker)

Commercial April 25, 2017 16:43 0 comments BR Exclusive

In 2016, the residential market had the best year, but players need to be cautious going forward, said Gabriel Voicu, director of the New Homes Division at Coldwell Banker, during Realty 2017, the event organized…more »

ruxandra bese_immochan romania

Immochan to invest EUR 10 mln in modernization of five commercial galleries in Romania

Commercial April 25, 2017 14:25 0 comments BR Exclusive

Real estate developer Immochan Romania plans to invest EUR 10 million in the development of five of its commercial galleries in Romania, said Ruxandra Bese, the company’s head of development, during the Realty 2017 event…more »

iuliana ghimpu

BR’s Realty 2017: What are the plans of Anchor Group in Romania this year?

Business Agenda April 21, 2017 12:28 0 comments

Anchor Group, the real estate developer, has invested over EUR 350 million in Romania in the last 20 years. The group has recently refurbished the Bucharest Mall and Anchor Plaza commercial centers. The company has…more »

Dorel Nita

BR’s Realty 2017: What’s the outlook for prices of property in Romania this year?

Business Agenda April 21, 2017 12:22 0 comments

Asking prices for Bucharest apartments were up by 1.4 percent at the start of 2017 compared to the end of last year, according to data released by online real estate platform The average asking…more »


BR’s Realty 2017: What are the plans of Hanner this year?

Commercial April 20, 2017 12:23 0 comments

Real estate developer Hanner Holding has worked extinsively in the Romanian residential sector, but the company decided last year to expand in the office segment. Locally, Hanner has invested over EUR 60 million for the…more »


There’s a brand new dining venue in Timişoara! atFabrika, the first Fresh Market type of restaurant in Romania, opened in the Openville project of IULIUS

Commercial April 11, 2017 11:07 0 comments Advertorial

Attractive mix of relaxation options, chic restaurant, themed cafés and entertainment options for various categories of the public, both indoors and outdoors. This is the new concept of leisure that the IULIUS Company will implement…more »

Daniela Popescu, Colliers International

New retail concepts such as strip malls to boost Romania’s retail segment, says Colliers International

Commercial April 06, 2017 10:55 0 comments

Retail space deliveries remain on an upward trend and are expected to reach 180,000 sqm in 2017, according to commercial real estate consultancy Colliers International. Strip malls which are being developed in secondary and tertiary…more »

Vastint Romania- Timpuri Noi Square

Fratelli Group to open four new locations in Timpuri Noi Square

Commercial April 03, 2017 14:08 0 comments

Real estate developer Vastint Romania together with Fratelli Group have become partners in the project of Timpuri Noi Square mixed-use development, planning to open four locations, including Biutiful Downtown and Fratellini Bistro, on a leasable…more »