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Articles - area development

Cluj Innovation City, a EUR 300mln project of Cluj IT Cluster, kicks off with consultancy selection process

The Cluj Innovation City urban development program, one of the main projects of the Cluj IT Cluster, will be selecting the consultancy in charge with carrying out the pre-feasibility study.

New business district in Bucharest

Bucharest City Hall intends to develop a “justice district”, a concert hall and administrative spaces.

The `Canary Wharf` of Bucharest, the zone where the investors are pumping one billion Euros

The former industrial platforms in the area Barbu Văcărescu – Pipera in Norhter Bucharest have been sold for years to the real estate developers, and their investments have radically changed the image of a region the real estate consultants believe to have potential to become Bucharest’s “Canary Wharf”.

Zehetner, Immofinanz: Big Real Estate Investors Interested in Secondary Markets in Europe. Romania could attract them

Considering the positive macro-economic signals, as the latest market researches show, Romania could also attract the big investors, as they turned their attention towards secondary markets in Europe, said Eduard Zehetner, CEO Immofinanz, the largest real estate investor on the local real estate market.

Bucharest’s planned suspended highway to include at least two tunnels

The planned suspended highway in the Romanian capital city Bucharest will also include at least two tunnels, which is the cheapest option, compared to the expropriation of houses and landplots.

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