Globalworth, the biggest owner of office space in Romania, recorded net revenues of EUR 43.1 million on the local market in the first half...

Bitdefender moves to new offices in Bucharest

Romanian cyber security group Bitdefender has started the process of moving its headquarters to the Orhideea Towers office project in Bucharest, where it has...

Romanian developer starts EUR 62 mln residential project in Timisoara

Wallberg Properties, a Romanian real estate developer based in Arad, has started a new residential project in Timisoara, Western Romania, that will require a...

Municipality in Romania cuts taxes for green buildings

The Iasi Local Council adopted at the end of August a support scheme that grants tax reliefs of up to 50% for the green...
Vastint

Dutch investors start EUR 5 mln renovation at store in downtown Bucharest

The Bucuresti store, located in Bucharest’s Old Town, will undergo a EUR 5 million renovation process that should take about one year. Much of the...
new office space

Bucharest office vacancy rate reaches lowest level after 2009

The vacancy rate in Bucharest office buildings reached 8% in the first half of 2018, the lowest level in the last nine years, according...

Real estate consultancy firm in Romania trains tenants in malls and office buildings

Real estate consultancy company Cushman & Wakefield Echinox has launched the first Training Academy in Romania, called Drawing Business Value Academy, dedicated to tenants...

Dedeman opens new store in Eastern Bucharest

Dedeman, the biggest do-it-yourself retailer in Romania, announced the opening of its new store in Pantelimon, in Eastern Bucharest, after a EUR 15 million...

Greek toy retailer buys shopping center in Brasov

Greek toy retailer Jumbo has bought the former macro Mall shopping center in Brasov for about EUR 4 million, according to information in the...

Local investors start EUR 100 mln residential development in Bucharest

Straulești Lac Alfa, a company owned by Romanian investment company SIF Moldova and Cityring Property has started the development of a large-scale residential village...

NEPI Rockcastle invests EUR 100 mln in new mall in Sibiu

NEPI Rockastle, the biggest mall owner in Romania, plans to open a new mall in Sibiu at the end of next year, following a...

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