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residential construction

Construction permits for residential segment in Romania, up 3.8 pct by May

Land June 29, 2016 11:36 0 comments

In May, 3,707 construction permits for residential buildings were issued, a drop of 0.9 percent compared with April and an increase of 1.5 percent compared with May 2015, said on Wednesday the officials of the…more »

It’s official: Bucharest will have the biggest urban protected area in Europe – Vacaresti Nature Park

Green & Renewables May 11, 2016 17:56 0 comments

The Romanian government has approved on Wednesday the creation of the Vacaresti Nature Park, following a successful campaign of NGOs that was started more than four years ago. As a result, Bucharest will now have…more »

office development

Positive outlook for Bucharest’s land market despite 2015 drop, says DTZ Echinox

Land May 11, 2016 14:12 0 comments

Over 15 large land transactions totaling an area of over 45 ha and a cumulated value of EUR 90 million were registered in Bucharest in 2015, according to data from real estate services firm DTZ…more »

Special report: Bucharest’s silent tragedy – patrimony buildings | Who is saving them nationwide

Commercial March 31, 2016 14:56 0 comments BR Exclusive

The new technocrat government has come with significant changes, among which is a special focus on what’s happening regarding our national heritage. It seems that collaboration between ministries and institutions has positively developed and they…more »

Vastint Romania- Timpuri Noi Square

Inter IKEA real estate division buys 48 ha plot in Bucharest for mixed project

Land January 20, 2016 17:43 0 comments

Vastint Romania, the real estate division of Inter IKEA, has announced the acquisition of a 48 ha plot of land in the northern part of Bucharest for a mixed project, "predominantly residential". The plot is…more »

Skanska Romania

Skanska Romania acquires land in west-central area of ​​Bucharest

Land September 23, 2015 15:34 0 comments

Skanska Romania announced the completion of a transaction for a new plot of land in the west-central area of ​​Bucharest. The company has acquired a total area of ​​21,306 square meters, located on 6 Maniu…more »

real estate

Romanian real estate market, an upward trend in all sectors, shows study

Land August 03, 2015 17:39 0 comments

The average national price of old apartments was at EUR 674 per square meter (sqm) in the first half of the year, while new homes were sold at an average of EUR 779 per sqm,…more »

Ikea forest

Ikea buys 33,600 hectares of forest in Romania

Land July 17, 2015 16:51 0 comments

Ikea has bought 33,600 hectares of forest in Romania, from a Swedish private company, making it the largest forest owner in Romania, according to Mediafax news.   Ikea purchased the hectares of forest from a…more »

Higher demand for construction land in Romania’s largest cities: Iasi leads the ranking

Land April 22, 2015 11:58 0 comments

Average prices for plots suitable for construction in big cities and their outskirts either stayed relatively stable or had a clear upward trend, according to an analysis by Imobiliare.ro on the past 12 months. In…more »

Turkish family to develop residential project on Turbomecanica plot

Land February 20, 2015 17:42 0 comments

A Turkish family wants to develop a residential project toting up to 1.100 apartments on a 3.3 ha plot purchased from former Turbomecanica plant in Bucharest's Militari neighborhood. A number of 300 apartments will be…more »