Fortress acquires ELI Park 1 near Bucharest
Fortress, one of the largest real estate investments trusts (REITs) in South Africa, has reached an agreement with Element Industrial and Paval Holding and signed the acquisition contract for...
Tag: Romania
RE-CONNECT ROMANIA, the first Romanian delegation to attend MIPIM
RE-CONNECT ROMANIA is the umbrella name for a business group encompassing five companies active in the local real estate market. The delegates’ mission is to bring forth opportunities for...
CTP expands in Oradea with cargo terminal
CTP, the owner and operator of industrial and logistics projects, will invest in a new cargo terminal located in western Romania. The company won a tender launched by Bihor...
Why Central and Eastern Europe is the property frontier for SA REITs
Central and Eastern Europe (CEE) has attracted significant interest from South African investors in real estate who have sought to diversify their portfolios and satisfy their appetite for yield-enhancing...
Speedwell kicks off construction works for the second building of THE IVY
Construction works for Building 2, part of the first phase of THE IVY, Speedwell’s residential project located on Jandarmeriei Street, has started. The first phase of the ensemble includes...
Ceetrus opens €16 million hotel in Brașov
Real estate developer Ceetrus has opened Hotel Qosmo within its mixed-use projects Cartier Coresi in Brașov. The 4-star hotel was completed following an investment of €16 million. It features...
Vitantis Shopping Center concludes 3 new leasing transactions
Vitantis Shopping Center retail park, located in Bucharest, district 4, benefiting from one of the largest and most densely populated catchment areas in the city, at the intersection of...
Hagag announces record sales for its residential project H Pipera Lake
Real estate developer Hagag Development Europe announced an occupancy rate of 75 percent for the 5 buildings (435 units) available in the first development phase of its residential project...
Ibis Bucharest Politehnica Hotel opens
The newly built ibis Bucharest Politehnica features 158 comfortable rooms, an Albert’s Place restaurant, a bar, a conference area for up to 150 guests as well as its own...
IKEA places its Romanian wind energy operations under the same umbrella
Ingka, the company in the IKEA group that controls seven companies in the Romanian wind energy sector, has decided that one of them will absorb all the others, Economica.net reported....
City Gate welcomes Theta on board
Yet another reputable company trusted GTC Romania with headquarters choice. Theta, a market leader in custom furniture making and interior design consultancy, chose City Gate as its new headquarters...
Crosspoint brokers land transactions worth €37 million in Romania for H1
The land market in Romania is one of the most active real estate sectors, a fact confirmed by the price increase of about 10 percent recorded in the first...
