Alina Vladulescu and Catalina Toma are partnering and launching WIN Advisors, a regional hub for hotel consulting and management.
The first quarter of 2024 ended with real estate investments in Romania totalling €202 million, up 69% compared to the first three months of 2023.
Following a two-year period of continuous expansion, the global luxury retail market witnessed an expected decelaration in 2023.
April 2024 was a remarkable month for the real estate market in the Capital. The significant increase in sales reflects increased buyer confidence in the market's growth potential.
Building A covers an area of 25,950 sqm and has already two significant tenants, who have signed lease contracts for a total of 8,158 sqm.
In the first quarter of the year, IMPACT generated revenues of RON 41 million, up 89% compared to the first quarter of last year.
One United Properties posts a consolidated turnover of €84.3 million for Q1 2024, a 5% decrease compared to Q1 2023.
Romania's No. 1 property developer lists first asset on the real estate tokenization platform, with two more underway in the following 12 months.
The announcement marks the completion of a €16 million investment by Indotek that created a premier mass-market destination for international retail brands.
In the rest of the country, however, demand in the residential market has seen an even higher increase of 19%.
Developer STC Partners starts phase II of the residential compound Quartier Azuga, located near the Tei area in Bucharest, an investment of €15 million.
Half of the real estate companies in Central Europe (49%) estimate investment to increase this year and only 19% expect a decrease (down from 51% in 2023).
The top real estate segments attracting the most investments are retail, hotels second and industrial third.
In Q1 2024, 92 apartments with a total surface of 10,618 sqm, 228 parking spaces and other unit types were sold and pre-sold.
Imoteca - The residential experts - announces a significant expansion of its portfolio in Romania and the launch of sales operations for the real estate market in Spain.
Today's employees are not looking for a simple job, but for a work environment that offers a complete experience and allows to combine work with recreation and relaxation.
One United Properties announces that CMS Romania, a top law firm and one of its tenants, has decided to extend on a long term its lease contract at One Tower.
By the end of 2024 the stock of modern retail spaces will overpass 4.5 million. square meters setting a new record for Romania.
Four significant shareholders of One United Properties successfully sold 234,205,285 shares in the Company to local and international institutional investors.
Romania's largest distributor of household appliances has renewed its lease contract for more than 8,100 sqm of space at the MLP Bucharest West logistics park.
Structural tailwinds for logistics properties remain intact with strong supply and demand dynamics despite economic uncertainties.
The project, located in Bucharest's 13 Septembrie area, has already been 80% sold, reflecting increased buyer confidence and interest.
Two distinct trends have emerged in 2023: securing entry into prime new locations and optimising the portfolio through best value negotiations, all driven by a market with limited deliveries.
Located between two forests, the homes in NEXO Nature are designed to reduce heating or cooling costs and ensure a healthy lifestyle for residents.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.