IT companies, manufacturing & industry, and the medical & pharma sectors, have been the most active in the office leasing market over the past 5 years, generating more than half of the new demand for office spaces, according to data […]
Hagag Development Europe is set to open the doors of Stirbei Palace on Calea Victoriei in the second half of this year, transforming one of the most emblematic historical monuments in Bucharest into a high-end retail project. As of fall […]
IMPACT Developer & Contractor reports in 2024 an individual net profit of RON 84.8 million, double compared to the previous year. At group level, consolidated net profit also doubled in 2024, to RON 59.2 million, and preliminary consolidated turnover increased […]
Global Vision, a leading real estate company in Central and Eastern Europe, announces the appointment of Antoanela Comșa as Deputy CEO. In her new role, Antoanela Comșa will play a key role in defining and implementing the group’s strategic directions, […]
NEPI Rockcastle, Europe’s third largest listed retail real estate company by portfolio value, recorded a net operating income of 556 million Euro in 2024, 13.2 percent higher than in 2023. Distributable earnings (both in absolute terms and per share) were […]
Investors from Western Europe, particularly from Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of real estate assets in Romania over the past five years (2019–2024), making investments totaling €1.75 billion, according to data […]
The delivery of new homes fell by 15 percent nationwide and by more than 20 percent in Bucharest, while demand increased by 7 percent in 2024, according to Colliers’ annual report. Difficult access to financing and rising construction costs are […]
Accor Group reported revenue of 5.6 billion Euro million in 2024, up 11 percent compared with. This growth breaks down into a 5 percent increase for the Premium, Midscale and Economy (PM&E) division and 19 percent for the Luxury & […]
VGP, a European provider of logistics and semi-industrial real estate, announce the results for the full year ended 31 of December 2024. VGP achieved a net profit of 287 million Euro, marking a 229 percent increase compared to 2023. The […]
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces the expansion of its partnership with Delamode, a provider of freight management services. In CTPark Bucharest industrial park, located in the […]
