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...
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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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Bureau Veritas recertifies Timpuri Noi Square for Coronavirus prevention measures
The office buildings Timpuri Noi Square in Bucharest, obtained the SafeGuard recertification this year, following the audit carried out by Bureau Veritas, which attests to the safety of sanitary...
