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Articles

Office buildings in Bucharest, more and more visible for the institutional investors

„The office market is recovering; the statistics are very clear in this respect. We see new transactions, and in 2015 there will be many more“, said Robert Neale, founder and managing director of one of the largest real estate developers in Bucharest, Portland Trust.

Stock market capitalization reaches all-time high in Romania

The market capitalization of all companies listed on the Bucharest Stock Exchange (BVB), including international ones, exceeded RON 150 billion (EUR 33.5 billion) in May, for the first time in the history of the local bourse.

Romania’s economic growth up 3 pct in 2015, says World Bank

The World Bank has upwardly adjusted to 3 percent its estimates of Romania’s economic growth in 2015, from a previous 2.9 percent this January, according to the June edition of the bank’s “Global Economic Prospects. The Global Economy in Transition” quoted by Agerpres and released on Wednesday.

Investors’ interest in Romania’s real estate, at a peak since 2008

The investors’ interest in Romania’s real estate market has reached the highest level since 2008, according to consultancy Jones Lang LaSalle (JLL).

Real estate consultants registered growth in 2014: CBRE, the best evolution

The real estate consultancy market was positive last year, but some players registered huge growths. Take a look at the top of consultants with largest advances in 2014.

Software and IT services companies post EUR 2.42 bln revenues in 2014

Romania’s software and IT services industry registered last year EUR 2.42 billion in revenues, up 13 percent compared to the previous year, according to the findings of the “Software and IT Services in Romania”, report released on Wednesday by the ANIS Employers’ Association of the Software and Services Industry.

Bucharest office transactions top: Oracle, Genpact and Carrefour

Largest ten office transactions in Bucharest in the first four months of this year totalled approx. 48,500 sq. m, most of them being relocations, renegotiations or renewals, shows a study made by ZF, based on the data from real estate consultancy companies.

Altex opens new store in Timisoara following EUR 5.4 mln investment

Electronics retailer Altex opens on Thursday the largest store in Timisoara, following a EUR 5.4 million investment, the show-room having 2,400 square meters and an offer of 15,000 products, reports Mediafax.

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