Real estate | 22 April, 2024 at 4:19 PM
What kind of properties investors bought in Romania in Q1 2024
The top real estate segments attracting the most investments are retail, hotels second and industrial third.
The top real estate segments attracting the most investments are retail, hotels second and industrial third.
Environmental, social, and governance (ESG) principles are no longer just a trend or a buzzword, but rather becoming the norm in the Romanian real estate market.
Romanian property company Impact Developer & Contractor said its net profit amounted to 39.9 million lei (around €7 million) in 2023, down by more than 59% versus 2022 over lower revenue from residential sales.
Repaco Capital has started the construction of Crevedia Retail Park that will be completed in H2 2024 near Bucharest following an investment of €15 million.
Construction and real estate sectors are among the most cyclical sectors. Sensitive to changes in the labour market, prices and the interest rate, they are currently under strain.
Investments mark 20 years of DP World in Romania, with the business predicting it will become an increasingly important hub for European trade,
Boston Consulting Group study reveals 68% of women in the tech industry say they use a GenAI tool at work more than once a week, compared with 66% of men.
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.
The three Rețele Electrice companies initiated a public tender on the SEAP platform, with a maximum cumulative value of around RON 190 million.