Real estate

Business Forum   |   22 August, 2024 at 6:32 PM

EBRD invests in Romanian retailer La Cocoș

The European Bank for Reconstruction and Development (EBRD) has announced a €10 million equity investment in Romanian retail chain La Cocoș. Additional equity funding will be provided by CEECAT Capital and Morphosis Capital to support the retailer's development plans.

Business Forum   |   22 August, 2024 at 1:20 PM

SEE Property Forum Awards 2024 – All your questions answered

Property Forum's annual SEE Property Forum Award Ceremony will take place during SEE Property Forum on 22 October 2024. The list of award categories is already available and nominations are now open until September 16th. Property Forum's Country Manager for Romania Fulvia Meirosu and CEO Csanád Csürös answered all potential questions related to the nomination process and explained how the winners will be selected.

Business Forum   |   22 August, 2024 at 10:33 AM

Bucharest hotel market to add 2,400 rooms by 2026

Bucharest's hotel market is set to expand by around 2,400 rooms by 2026, outpacing the estimated growth from other CEE-based capital cities, according to a Cushman & Wakefield report.

Business Forum   |   20 August, 2024 at 5:01 PM

RE/MAX: Mortgage backed resi sales in Romania up in H1 2024

Sales of homes funded by bank loans rose by 40% during H1 2024 compared to the same period of last year over the reduction of interest rates and the increase in transaction prices, according to transactions brokered by RE/MAX Romania.

Business Forum   |   20 August, 2024 at 4:07 PM

Cătălin Năstăsoiu, Genesis Property: Integrating the wellness wheel into offices

The current workforce landscape has been significantly influenced by recent challenges, leading to a shift in how employees perceive their well-being. This highlights the importance for employers to prioritize their employees' health and happiness, actively supporting them and fostering a workplace culture that values holistic well-being, writes Cătălin Năstăsoiu of Genesis Property.

Business Forum   |   20 August, 2024 at 12:05 PM

AFI Europe buys landmark office building in Bucharest from Immofinanz

AFI Europe has purchased the myhive Victoriei building in central Bucharest from Immofinanz for around €27 million. The new owner plans to turn the existing office building into a mixed-use project, with the conversion permit already secured.

Attila Bacsa   |   19 August, 2024 at 6:00 AM

Real estate remains one of the least digitised sectors

Bogdan Nicoară, CEO of Bright Spaces, talked to Property Forum about the startup's plan to operate in eight markets by year-end and the diversification of its digitalisation platform for real estate companies. He also mentions some of the main trends shaping the proptech industry.

Business Forum   |   14 August, 2024 at 1:13 PM

HILS Development posts 28% resi sales growth in H1 2024

Romanian developer HILS Development has announced a 28% increase in residential sales during H1 2024 compared to the same period of last year, while revenue was up 25% year-on-year. 

Attila Bacsa   |   9 August, 2024 at 4:00 AM

Investment in Romania's regional cities shows upward trend

Lavinia Ioniță Rasmussen, Partner at NNDKP's Real Estate practice, spoke with Property Forum about the acceleration of commercial and residential development in regional cities and the potential of the local market to offer higher returns for property investors compared to other countries in the region.

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