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Articles - real estate investments

Real estate transactions registered EUR 800 million last year, below the level of 2014

Romania attracted in 2015 real estate transactions with a total value of nearly EUR 800 million, down compared to 2014, when EUR 1.15 billion real estate projects were transacted, including offices, retail, and industrial properties.

Nusco to develop luxury residential project downtown Bucharest

Italian Nusco group, with businesses in real estate and in doors and windows industry, is developing a luxury residential compound downtown Bucharest, named Premio Exclusive City Center, representing the company’s second residential development, as the developer was mainly involved in the office segment.

Dedeman interested to buy a land in Bucharest from Industria Iutei

Construction retailer Dedeman, owned by Adrian and Dragoș Pavăl brothers, is interested to buy a 2.7 ha land in the area Trafic Greu in Bucharest from the manufacturer of woven flax and hemp Bucharest for a price of EUR 230 / sq. m, totalling more than EUR 6 million.

Immochan launches residential phase of Coresi Brasov

Immochan continues the third phase of its Brasov project, Coresi, a residential area with a potential for 3,000 apartments, spanning 46 hectares, company representatives inform.

Romanian real estate market sees positive development in 2015, says DTZ Echinox

Office, retail and industrial property projects all saw ascending trends during 2015, while yields compressed across the whole market, with logistic spaces seeing the best evolution, according to a study by DTZ Echinox.

Real estate investment exceeding EUR 800 million to be delivered next year in Romania

Real estate investment exceeding EUR 800 million will be delivered next year in Romania, mainly in Bucharest, with the office market in the top of the developers’ preferences, which will lead to pressure on office rents.

Developers of Lotus Center Oradea invest EUR 60 mln in new real estate project

The developer of the Lotus Center Oradea shopping center will invest EUR 60 million in a mixed-use real estate project to be built in the western Romanian city, the company has announced.

Nusco makes first step in a new residential project on Pantelimon Road in Bucharest

Italian group Nusco, with business in real estate and in doors and windows industry, received the construction permit for a residential complex situated on Pantelimon road in Bucharest, which will be named Pantelimon Residential Park.

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