Business Forum
| 4 February, 2025 at 10:05 AM
Commercial real estate investments in Romania reached €750 million in 2024, marking a 58% increase compared to the previous year, though slightly below the €800 million annual average recorded over the past decade, according to a Colliers report.
Business Forum
| 3 February, 2025 at 9:01 AM
Romanian developer Iulius has comissioned UK-based Foster + Partners architecture studio to work on two projects in Romania.
Business Forum
| 3 February, 2025 at 8:42 AM
M Core Group has purchased seven strip malls in Romania from property investor MAS for an undisclosed sum. The projects with a combined leasable area of around 32,000 sqm have a full occupancy rate. The strip malls are based in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș and Gheorgheni.
Business Forum
| 30 January, 2025 at 10:03 AM
Romanian office developer Genesis Property has named Ionel Purice as CEO. He has previously held the position of CEO of Genesis Development, part of the same group.
Business Forum
| 30 January, 2025 at 9:33 AM
New retail projects with a combined leasable area of around 180,000 sqm were completed in Romania during 2024, down by around 15% versus 2023, with retail parks accounting for the biggest share of deliveries, according to Cushman & Wakefield Echinox.