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Articles - area development

Catinvest, over EUR 40 million investment in a new building with offices and retail spaces within Electroputere Parc

Catinvest continues the expansion of Electroputere Parc and inaugurates the second mixed building of 12,700 square meters of class A offices and commercial spaces, as part of a total investment of over 40 million euros. The new building includes 8,300 square meters of offices and 4,400 square meters of retail, as well as new underground parking for tenants and customers.

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The developers plan 100,000 sqm of new offices on Calea Victoriei area of Bucharest

Calea Victoriei in Bucharest, an artery with a length of 2.8 kilometers located between Victoriei Square and United Nations Square, will continue to develop as an office and hotel hub in the coming years, with developers' plans to build seven new office buildings and six hotels as a result of investments that may exceed the threshold of 300 million euros, according to a study conducted by Cushman & Wakefield Echinox.

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The most effervescent real estate market in Romania stays Aurel Vlaicu area in Bucharest

The area near Aurel Vlaicu metro station, at the intersection of Barbu Văcărescu Boulevard, Pipera Road and Floreasca Road, continues to be the most effervescent real estate hub in Romania, developing rapidly over the past 10 years as the new business center of Bucharest, the existing stock being almost completely occupied (vacancy rate

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Speedwell starts Record Park, a 42 million Euros mixed use project in Cluj - Napoca

Real estate developer Speedwell started the construction works of Record Park, the first mixed use development and urban regenerating project in Cluj – Napoca. The development process will attract an investment of 42 million Euros, the completion date of the entire project being due for the second quarter of 2020

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Bucharest is changing: The winning projects in the competition organized by AFI restore the community spirit in the city

The rediscovery of the idea of community, through which Bucharest can become a place where people care about each other and everyone from the city, is the motto of the two winning projects of community fund "Be a good neighbor", launched by AFI Europe Romania together with the Community Foundation Bucharest.

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1 Billion Euros Investments In the New Metropolitan Hub in Northern Bucharest

After initially it seemed that Barbu Văcărescu-Pipera had reached its potential, and the developers were moving to other districts of Bucharest, the area re-entered a new stage of development, transforming into the Northern Metropolitan Hub of Bucharest, a study of Bucharest Real Estate Club shows.

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Orhideea area in Bucharest to be a new financial and IT pole in five years

Geo Mărgescu, CEO and founder of the real estate development company Forte Partners, says that the centre-western part of Bucharest, mainly Orhideea area, will become in the following years an attractive destination for the companies in the financial and IT fields, which will look for relocation in this area of the city.

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Business Construct: The Half a Billion Euros ‘Swarm’ in Northern Bucharest

On a radius of less than a kilometre around Pipera Passage Aurel Vlaicu metro station, construction sites of half a billion Euros have transformed this area in Northern Bucharest in a true “swarm” of cranes this period.

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