Real estate | 21 February, 2025 at 10:55 AM
North Bucharest Investments accelerate growth in 2024
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023.
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023.
In Pipera, an area of significant interest for villa buyers, the price of land has risen from €400/sqm in 2022 to €1,000/sqm in 2024.
The value of realized transactions reached approximately €63 million, an increase of 35% on the total amount for the same period in 2023.
In the northern part of Bucharest, 70% of customers are looking for 3 and 4-bedroom apartments or houses with one floor in the Pipera and Tunari areas.
According to the data provided by the National Agency for Cadastre and Real Estate Advertising (ANCPI), 3,376 real estate units were sold in May 2024.
Enevo Group and Kraftfeld have signed a contract for the construction of a battery energy storage system (BESS) with a power of 110 MW and a capacity of 220 MWh, at Drăgăneşti-Olt, in Olt county, Romania.
Premier Energy has signed an up to €825 million Bridge Facility Agreement with J.P. Morgan and UniCredit to fund the acquisition of the Evryo Group, including its electricity distribution subsidiary, Distributie Energie Oltenia, as well as to refinance approximately €100 million of current indebtedness.
The Competition Council has authorised the transaction through which Pavăl Holding intends to acquire the Carrefour group in Romania.
Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II (GMF II), announced financial close for the 392 MW Peștera II onshore wind project in Constanța County. The project represents one of the larger investments in new renewable energy infrastructure in Romania and one of the larger project finance transactions in CEE.
ETF Energie Patria - Tradeville, Romania's first sector-focused ETF, reached RON 100 million (€20 million) in total net assets on 23 June 2026, up 283.5% over the previous 12 months and by more than 15 times over the past three years.