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Vabeld bought two warehouses and 15 ha land from former Cefin Real Estate shareholders

Belgian real estate investor Vabeld has bought from the former shareholders of Cefin Real Estate, the real estate division of the Italian group Cefin, two logistics warehouses situated at the Bucharest exit to Pitesti. This is the company’s second acquisition since its entrance on the local market this summer.

Lands for construction back to real estate transactions top

The lands with construction potential are back in the real estate transactions top this year, the main clients being the small and medium developers.

Fiscal Council: Romania’s economic growth could peak next year

Next year’s economic growth, which is estimated at 4%, could be a peak, and could go down to 3.5% in 2017, said the Fiscal Council president Ionut Dumitru.

Ilinca Păun, Colliers: Office owners will not have 7-10 years contracts with the new wave of tenants

In ten years, the office buildings will not be occupied anymore only by a company, but they will be rented hourly to the entrepreneurs needing flexibility, a situation that makes harder the financing for the development of such buildings, anticipates Ilinca Păun, managing director of Colliers International Romania.

Romania’s economy sees highest growth among EU members, says Eurostat

Romania registered a 1.4 percent increase in GDP in Q3 2015 over the previous quarter, the highest value among member states of the EU, according to Eurostat, the statistical office of the European Union.

GTC, on the brink of buying two office buildings in Bucharest’s Victoriei Square

Real estate company GTC Romania is very close to take over the office buildings Premium Plaza and Premium Point, according to sources in the real estate market, the transaction being estimated at nearly EUR 30-40 million.

Centric IT Solutions expands with 1,700 sq. m in Iași

Software solutions provider Centric IT Solutions rented 1,700 sq. m in United Business Center Palas office park in Iași, reaching a total area of 4,000 sq. m.

NEPI signs agreement with CBRE to rent City Business Centre in Timișoara

NEPI (New Europe Property Investments plc.) announced the signing of a strategic partnership with CBRE for its City Business Centre project leasing.

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