Business Forum
| 4 April, 2025 at 3:26 PM
Skanska has finalised an agreement to sell the first phase of its Equilibrium office complex in Bucharest to the Gordiusz Private Equity Fund, managed by Gránit Asset Management, for €52 million.
Business Forum
| 4 April, 2025 at 9:42 AM
E-commerce companies are now among the top 5 occupiers of logistics spaces in Romania, utilising approximately 1 million sqm of industrial and logistics facilities, finds a report by Cushman & Wakefield Echinox.
Business Forum
| 3 April, 2025 at 1:39 PM
Bucharest's office market is experiencing a major shift, marked by limited supply and increasing rental costs for prime spaces, according to a report by Colliers.
Business Forum
| 3 April, 2025 at 9:59 AM
Speedwell Development has announced the appointment of Yannick Van de Parre as Country Manager for Romania.
Business Forum
| 2 April, 2025 at 8:20 PM
Vastint Romania is set to host the fourth edition of its blood donation campaign on April 16, at the Business Garden Bucharest.
Business Forum
| 2 April, 2025 at 1:31 PM
Hils Development, the real estate company led by entrepreneur Ionuț Negoiță, is set to deliver the first phase of its mixed-use scheme Hils Republica in June.
Business Forum
| 31 March, 2025 at 2:39 PM
Romanian real estate holding Meta Estate Trust has recorded a 15% year-on-year increase in net profit, reaching RON 10.8 million (€2.2 million) in 2024, while its total revenues rose 22% to RON 34.5 million (around €7 million).
Business Forum
| 31 March, 2025 at 8:55 AM
One United Properties has finalised the acquisition of a 21-hectare plot of land in Bucharest's District 5 from CPI Romania for €21 million.
Business Forum
| 28 March, 2025 at 3:48 PM
Romanian developer Hexagon has secured a financing of over €18 million from Libra Internet Bank, for the development of a residential complex in Cluj.
Business Forum
| 27 March, 2025 at 1:00 PM
The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.
Business Forum
| 26 March, 2025 at 1:35 PM
Romanian DIY retailer Dedeman, is set to further extend its national presence with the acquisition of approximately 6 ha of land near Vama Giurgiu, on the border with Bulgaria.
Business Forum
| 25 March, 2025 at 6:58 PM
Romanian developer Iulius will start this month a remodelling of its mixed-use project Palas Iași, based on a concept by architecture firm Foster + Partners.
Business Forum
| 25 March, 2025 at 9:35 AM
Construction labour cost and availability have become the primary concerns for real estate developers in Central Europe, according to a new survey by Deloitte. This shift sees it surpassing project financing, which has been the dominant issue in recent years.
Business Forum
| 24 March, 2025 at 5:32 PM
Niro Investment Group has officially opened its luxury boutique hotel Corinthia Grand Hotel du Boulevard Bucharest, following a franchise agreement with the Corinthia hotel chain.
Business Forum
| 24 March, 2025 at 10:11 AM
Bucharest's residential real estate sector is experiencing a significant downturn, with a notable drop in both permits and completions, raising concerns about the market's trajectory, according to an opinion by Dr. Sebastian Sipos-Gug - Ebuild srl, Eastern European Construction Forecasting Association (EECFA) Romania.
Business Forum
| 24 March, 2025 at 8:15 AM
Romanian textiles maker Brainconf is looking to start an urban reconversion project on a land plot it owns in Brăila.
Business Forum
| 21 March, 2025 at 2:10 PM
Romania's banking sector has a relatively low exposure to the commercial real estate (CRE) market, indicating stability and significant growth potential, according to an analysis by Cushman & Wakefield Echinox.
Business Forum
| 21 March, 2025 at 1:41 PM
Meta Estate Trust has exited its investment in The Lake Home residential project developed by Novarion, in a deal valued at €2.65 million.
Business Forum
| 21 March, 2025 at 10:28 AM
Prime Kapital Development and MAS PLC are preparing to open their new Mall Moldova project in Iași next month.
Business Forum
| 20 March, 2025 at 8:12 PM
Bucharest's office market has experienced last year its lowest level of new space delivered in the past two decades, according to a recent report by Colliers.
Business Forum
| 20 March, 2025 at 3:09 PM
Courier company Sameday has announced the operational launch of its new logistics centre in Ghimbav, Brașov county.
Business Forum
| 19 March, 2025 at 8:00 AM
THR, the public company controlled by Transilvania Investments Alliance, has sold the Balada Hotel, in Saturn resort, to a Romanian buyer for €6.1 million.
Business Forum
| 18 March, 2025 at 1:51 PM
Investment incentives across CEE are proving to be a major draw for Research and Development (R&D) and Business Services Sector (BSS) projects, with support reaching up to 70% of qualified costs, according to Colliers' report.
Business Forum
| 17 March, 2025 at 12:01 PM
Industrial developer VGP has delivered and has in the construction phase several warehouses across Romania.