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Articles - real estate developments

Discover Romania: Europe's Emerging Hotspot for Affordable Business Space

Considering expansion in Europe? Romania's real estate market is drawing attention for its strong economic fundamentals, attractive yields, and a growing focus on sustainable development. With significant EU funding on the horizon, it presents a compelling opportunity for businesses seeking cost-effective office and warehouse solutions.

Bucharest's Promenada Mall Extension to Include Office Space

NEPI Rockcastle is expanding Promenada Bucharest, a major project set to include new retail, a business hotel, and significant office space. With opening estimated for early 2027 and 68% of the extension already leased, this development presents new opportunities for businesses seeking prime locations in the city.

€400 million financing to transform former Carbochim industrial site into Rivus mixed-use development in Cluj

Iulius Group, owned by Romanian entrepreneur Iulian Dascălu in partnership with South African investment firm Atterbury Europe, has secured over €400 million in financing from a banking consortium backed by the European Bank for Reconstruction and Development (EBRD). The funds will support the transformation of the former Carbochim industrial platform in Cluj-Napoca into a landmark mixed-use real estate project named Rivus.

Layher will develop warehouses and offices for its own business in Romania

Scaffolding manufacturer Layher will develop its own storage and office building in Romania, where it will move its current activity from rented spaces in Bucharest and Cluj, according to the publication profit.ro.

One United Properties signs the acquisition of a 21-hectare land for the new One City District community

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use and office real estate in Romania, has signed with CPI Romania the acquisition of a 21-hectare plot in Bucharest’s Sector 5 for the development of the residential area and the creation of the new One City District community. The acquisition price amounts to 21 million euros.

Țiriac Imobiliare Secures Approval for Major Mixed-Use Project in Timișoara, including an office component

The Timișoara City Hall has approved the Zonal Urban Plan (PUZ) for a large-scale urban regeneration project by Țiriac Imobiliare, the real estate company owned by Romanian billionaire Ion Țiriac.

Nhood Romania, turnover of over 10 million euros in 2024

Nhood Romania recorded a turnover of over 10 million euros in 2024, marking a 10% increase compared to the previous year. The company's net profit increased by 63%, the evolution being supported by portfolio diversification and activity efficiency.

Speedwell to develop 23,000 sqm of of offices within the mixed-use Queens District project this year in Bucharestt

The Belgian developer Speedwell will launch the mixed-use Queens District project this year in the Pipera/Barbu Văcărescu area, where it will deliver a total of 23,000 sqm of office space. Meanwhile, in Timișoara, the company is working on Paltim Offices, which will provide 15,000 sqm of modern office space.

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