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Articles - land transactions

Skanska Romania acquires land in west-central area of Bucharest

Skanska Romania announced the completion of a transaction for a new plot of land in the west-central area of Bucharest.

Skanska, close to new land acquisition. The company targets again the north of Bucharest

Sweden’s Skanska estimates to buy a plot for a new speculative office project by the end of this year. The developer studies several plots, including the former National Wood Institute plot, situated on Fabrica de Gluzoza St., with 8,900 sq. m.

Liviu Tudor: Real estate brokers try to influence the market towards prices growth

Real estate brokers try to transfer the positive feeling in Romanian economy in their advantage and psychologically influence the market towards land prices growth, has declared Liviu Tudor, president of Genesis Development, during a real estate conference.

AFI buys 40,000 sqm in Brasov for retail and office spaces

AFI Europe Romania has bought a 40,000 square meters (sqm) plot in Brasov, where it plans to develop a shopping mall and an office project forecast to be finished in October 2017, announce company representatives.

Residential and office developers, new engines of land transactions

„Retailers will be less active“

Developers are paying up to EUR 3,000/sq. m for plots in downtown Bucharest

The investment funds interested by the opportunities offered by the real estate market in Bucharest are purchasing plots exceeding 1,000 sq. m in central areas with prices between EUR 1,200 and EUR 3,000/sq. m, according to the representatives of the real estate agency Palace Estate.

American investment fund, big winner of Bucharest deindustrialisation

NCH had the vision to buy large number of factories in the ‘00s, where malls or hypermarkets were built afterwards.

IKEA buys land in Bucharest to open second store in Romania

IKEA purchased on Friday the land for the construction of the second store in Romania, also in Bucharest, in the Pallady Boulevard area in District 3, announced the Swedish retailer of furniture and decoration, according to Mediafax.

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