Real estate |
26 November, 2024 at 12:41 PM
The disposable income gap between CEE economies, which are enjoying solid economic expansion, and stagnating Western European countries is narrowing fast. This is buoying consumer spending in markets like Poland and Romania and attracting international and regional retailers to large modern shopping centres that dominate the CEE's shopping and experience landscapes, while also offering higher margins and lower costs, NEPI Rockcastle's latest research concludes.
Real estate |
26 November, 2024 at 10:48 AM
Property group NEPI Rockcastle has purchased a photovoltaic project in Arad County, Western Romania and plans to start its construction in early 2025.
Real estate |
25 November, 2024 at 11:17 AM
Bucharest-based Calea Victoriei, the main retail street in Romania, boasts a prime monthly rental level of €60 per sqm, which was 9% higher compared with last year, according to a Cushman & Wakefield report.
Real estate |
21 November, 2024 at 5:00 PM
Edwin Warmerdam, Partner, Head of Tax at Forvis Mazars in Romania, spoke to Property Forum about the taxation outlook in 2025 and the tax changes that could spur investments in the local market.
Real estate |
21 November, 2024 at 12:40 PM
Anchor Grup has announced its Bucharest-based residential project Select Residences has reached the delivery phase.
Economy |
20 November, 2024 at 7:48 PM
Energy and sustainability were pivotal topics of the event. Romania reaffirmed its ambition to achieve energy independence by 2030.
Real estate |
20 November, 2024 at 3:40 PM
Residential deliveries in the Bucharest-Ilfov region were down 23% in the first half of 2024 compared to the same period of last year, according to a report by SVN Romania. The agency estimated last spring that this year could bring the lowest number of new homes delivered in the past five years.
Economy |
20 November, 2024 at 1:05 PM
Romania has the seventh largest M&A transaction in Central and Eastern Europe in the first 9 months.The value of global transactions reached $1.6 trillion, up by 10%.
Real estate |
19 November, 2024 at 5:57 PM
Hyatt Hotels Corporation has announced plans to expand in the Balkans region, with five Hyatt Regency hotels and resorts expected to open by 2027.
ESG |
19 November, 2024 at 12:25 PM
Program empowers women in Romania to step into management or advisory board roles.
Real estate |
19 November, 2024 at 9:30 AM
Nhood Services Romania has been selected to support the international expansion of the Romanian restaurant chain Spartan.
Finance |
18 November, 2024 at 1:54 PM
Romania ranks sixth in Eastern Europe in terms of international gold reserves held.
Economy |
18 November, 2024 at 1:46 PM
The CONFIDEX Index, which measures confidence in the economy, remains at a level similar to the first half of the year, standing at 52 points.
Finance |
18 November, 2024 at 1:10 PM
Romania ranks 2nd among iBanFirst's 10 European markets by average value of forward transactions carried out through the platform (€231,000).
Real estate |
18 November, 2024 at 10:54 AM
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
Real estate |
18 November, 2024 at 9:00 AM
Romania's property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
Real estate |
14 November, 2024 at 3:07 PM
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of 2024, down 20% compared with the same period of 2023, according to a Cushman & Wakefield Echinox report.
Real estate |
14 November, 2024 at 2:12 PM
Romanian developer Iulius says its entire portfolio holds green certifications or is pending certification, with more than 500,000 sqm being included in the LEED standard for green buildings.
Real estate |
14 November, 2024 at 1:47 PM
Bog'Art Building Management, the facility management company part of Bog'Art Group, has appointed Tudor Marchiș as CEO.
ESG |
14 November, 2024 at 9:32 AM
Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.