Despite the challenging backdrop, marked by political and economic uncertainty, the Romanian land market reached a solid transaction volume of 450 million Euros in 2024, broadly comparable to the previous year, as per Colliers estimates. The real estate consultancy tracks […]
Official data provided by the National Agency for Cadastre and Real Estate Publicity (ANCPI) show that in December 2024, 18.7 percent more homes were sold in the capital than in November, more precisely 5,136 properties, compared to 4,326 units bought […]
Genesis Property, one of the leading office building owners in Romania, announces the appointment of Flavia Schoech as Chief Operating Officer (COO). Flavia Schoech previously held the position of Chief Financial Officer (CFO) at Continental Hotels, where she served for […]
Oresa Industra, one of the active players on the Romanian logistics and industrial space market, announces the lease of 6,000 sqm to Sellpy, European leader in second-hand sales services. The transaction, brokered by Activ Property Services, marks a new important […]
2025 marks a crucial stage for the European real estate market, which is undergoing a process of recovery and transformation. Favorable economic factors, such as stabilized inflation, reduced interest rates and increasing real incomes are strengthening this sector as a […]
Griffes real estate advisory firm reports a record-breaking 85,000 sqm of office space transactions in 2024. Griffes’ activity outside Bucharest accounted for 25 percent of its total transaction volume, with Cluj-Napoca leading the way. This city continued to attract investments, […]
Rising average incomes outpacing price growth has improved housing affordability in Romania, setting it apart from other Central and Eastern European (CEE) countries such as Poland, the Czech Republic, and Hungary, where prices and rents have experienced significant increases, according […]
International Workplace Group (IWG), leading provider of hybrid working solutions with brands such as Spaces and Regus, is opening a flexible workspace in Bucharest. Located in the Vastint Business Garden building, this new location is part of International Workplace Group’s […]
Real estate developer Nusco has signed a partnership agreement through which Hyatt will open its first hotel unit in Bucharest, in one of the largest urban regeneration projects in Romania – Nusco City. The Hyatt operator is entering the Bucharest […]
This year has been a mixed bag for Romania’s overall achievements and results, with both robust infrastructure activity, a strong recovery in real estate investments, and an economy that underperformed due to lower-than-expected GDP growth, according to Colliers consultants. While […]
