A DoubleTree by Hilton hotel opened in Cluj-Napoca, in western Romania after local five-star City Plaza rebranded as DoubleTree by Hilton Cluj – City...
new homes

Survey: homes in Western Romania have largest living surface

Romanians living in the country’s Western region enjoy the widest average surface for living, of 50.6 sqm in 2016, according to data from the National...

Goethe Institut in Bucharest will move to new headquarters

The Bucharest Goethe Institut, the cultural institute of the Federal Republic of Germany, pre-leased 30% of the D'OR office building, where it will move...

Over 45 residential complexes to be launched at real estate fair in Bucharest

Developers will launch about 45 residential complexes with a market value of over EUR 275 million at the National Real Estate Fair (tIMOn), which...

Record land purchase for real estate projects in Bucharest

The land market in Bucharest reached a new record in volume last year, according to an analysis of real estate consultancy firm Cushman&Wakefield Echinox. Investors...

Study: 2017, the best year for the office market in Romania’s Cluj-Napoca

More than 44,000 sqm of modern office space will be delivered this year in Cluj-Napoca, central Romania, over four times more than in 2016, according...

Over 25,000 new apartments may be delivered in Romania this year

Over 25,000 new housing units are in various development stages and should be delivered this year in the main regional residential markets in Romania,...

City Hall to propose land exchange to the Italian Embassy for part of Bucharest...

Bucharest mayor Gabriela Firea has reacted after the Italian Embassy announced that it wants to sell a 3,000-sqm land plot in Nicolae Iorga park...

Italian Embassy sells park in downtown Bucharest

The Italian Embassy wants to sell Nicolae Iorga Park on Calea Victoriei boulevard in downtown Bucharest, the starting price being around EUR 5.52 million. The park...

Palace in downtown Bucharest put up for sale

The Spayer Palace in downtown Bucharest, which belonged to industrialist Herman Spayer, is now up for sale, reports local Profit.ro. The palace hosted the bank...

Romanian lender BRD launches new mortgage loan, an alternative to “First House”

The third-biggest Romanian lender BRD has launched a new mortgage loan for customers who wish to acquire their first home. This is called “La...

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