Real estate | 21 March, 2025 at 10:28 AM
Prime Kapital, MAS to deliver new mall in Iași next month
Prime Kapital Development and MAS PLC are preparing to open their new Mall Moldova project in Iași next month.
Prime Kapital Development and MAS PLC are preparing to open their new Mall Moldova project in Iași next month.
Companies in IT, manufacturing, industry, and the medical and pharmaceutical sectors were the most active in Romania's office rental market over the past five years, generating over half of the demand for new space.
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.
Sales of houses and apartments increased by 7.6% in Bucharest and Ilfov region, in 2024, compared to 2023, according to an analysis by SVN Romania. During the same period, national sales increased by 6.6%.
The distribution network was upgraded by replacing about 8.8 km of cables and more than 1,800 switchboards.
Iasi became, for the first time, the most important regional residential market, after Bucharest – Ilfov region, considering the number of home sales in H1 2024.
Romanian tech retailer Flanco has announced its most significant expansion strategy in six years, committing approximately RON 20 million (close €4 million) to investments.
Flip.ro, the Romanian platform dedicated to refurbished electronic devices, has concluded its fiscal year with a 45% year-over-year increase.
Energy bills for households will increase once the price capping scheme is scrapped in July, finds a new study by the Energy Policy Group (EPG).
Major Romanian cities are collectively investing over €30 million in smart waste collection infrastructure, find a new analysis by Clean Recycle.
Furniture giant IKEA has opened its first Plan and Order Point in Bucharest, located in the Orhideea area.