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General

JLL reflects on the Romanian real estate market a year after the pandemic

JLL gave a retrospective of what the last 12 months have meant for the Romanian real estate market, focusing on how the health crisis has reshaped the business approach...

Residential

Another 20,000 housing units to be delivered in Bucharest this year

Some 24,000 new housing units are in the pipeline for delivery in Bucharest, and 18,000-20,000 of them will be ready in 2021, local real estate agency SVN estimates. The...

General

Realpad fully digitizes the apartment handover process in Central District 4 Elemente

Realpad, a technology provider of software for more than 70 residential developers, has completed a project to digitize the entire apartment delivery process, a solution quickly adopted by several...

Office Leasing

Globalworth offers office space for a COVID vaccination center

The Globalworth Foundation has provided the authorities in Bucharest with office space from the Globalworth group for a COVID vaccination centre. Situated on the ground floor of the City...

Warehousing, Logistics and Industrial

CTP developments accelerate in Romania

CTP, the largest developer and operator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, has announced the rapid progress of construction work started...

Investment Market

Zeus International buys three hotels in Bucharest

Zeus International Group has bought three hotels in Bucharest in a cross-border share deal from Alpha Real Estate Services (ARES), a member of Alpha Bank Group. The Greek company...

Warehousing, Logistics and Industrial

Modern industrial stock in Romania to reach 5.5 million sqm this year

The modern stock of industrial spaces in Romania has exceeded the threshold of 5 million sqm in 2020 and will reach about 5.5 million sqm this year, with over...

Investment Market

Immofinanz buys former BCR HQ in Bucharest

Immofinanz has acquired the former HQ of BCR in Bucharest for €36 million, both companies announced. The property will be modernized and transformed into a green myhive building, with...

Warehousing, Logistics and Industrial

Elko Romania leases 1,800 sqm of warehouse within CTPark Bucharest

ELKO Romania, part of the international group Elko, has relocated its activity in CTPark Bucharest, where they leased a warehouse of 1,800 sqm. Elko, a company that specialised in...

Investment Market

Bulgaria’s investment and industrial sectors show resilience

Activity on the Bulgarian real estate market has been strongly affected by the Covid-19 crisis, however, the investment and industrial sectors, which registered both an increase during the last...

Warehousing, Logistics and Industrial

Optim PM wins Project Management contract with Continental Automotive Serbia

Optim Project Management has been appointed to project manage the construction of a new Continental electronics assembly and manufacturing facility in Novi Sad, Serbia. The facility will have a...

Residential

Green Alley exclusively instructed on Opera Residence in Bucharest

The real estate consulting and brokerage company, Green Alley, announced a new residential compound, in an exclusive representation: Opera Residence, a boutique project of 46 apartments, located on Calea...

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