Daniel Tudor, Founding Partner and CEO The Concept Group, spoke to Property Forum about the maturing residential market and the firm's strategic goal to exceed the threshold of €500 million in portfolio under management. He also mentioned the expansion plans for the company and role of energy efficiency in making residential projects competitive.
Hubix, a Romanian real estate management and investment company, has entered into partnership with Alber Holding to develop the first phase of City of Mara Forum, a mixed-use project in Timișoara.
Hubix, a Romanian real estate management and investment company, announces a €20 million investment in the development of the Abito Pipera residential project, a mixed-use complex designed for modern urban living and community.
Goldbach Group has entered a strategic partnership with Hubix, a Romanian investment and management company, securing over €5.3 million to develop four new retail parks under the K2 brand. The partnership combines Goldbach Group's retail park development expertise with Hubix's financing structuring capabilities and private capital attraction through its established investors' community.
Hubix has announced a strategic partnership with Fimaro Development for the development of 600 residential units in Cluj-Napoca, near the Tetarom I business park.
Bucharest remains the leader on gross rental yields, while the overall prices in the residential market rose by 14% in 2024, according to a market study by The Concept.
Romania is entering a new stage, with its multiannual economic recovery programme launching in 2026, carrying an estimated budget of around €5 billion through 2032 and a dedicated framework for anchor-type strategic investments above €200 million, according to experts at EY Romania.
OMV Petrom, an integrated energy producer in Southeast Europe, has made the final investment decision for Gabare, an integrated solar energy and battery storage project in Bulgaria.
Romania's annual inflation rate climbed to 10.85% in May from 10.71% in April, driven by rising costs across all sectors, according to data released by the National Institute of Statistics (INS).