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Articles - dezvoltari imobiliare

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.

STRABAG Selected as General Contractor for The ARC, Bucharest’s New Landmark Office Building

STRABAG Romania is proud to announce that it has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new state-of-the-art office building, "The ARC". This new landmark development will bring a modern ten-story Class A office building to the 6th District of Bucharest, setting new standards for office spaces in the area.

Local Council greenlights EUR 0.5 bln large-scale urban reconversion project in Cluj-Napoca

The Zonal Urban Plan for the conversion of the former Carbochim industrial platform and the restructuring of the 1 Mai Square area was recently approved by the Cluj-Napoca Local Council. The investment of the IULIUS & Atterbury Europe companies, estimated at over half a billion euros, represents an effort to capitalize on an industrial area and transform it into a pole of urban attractiveness with multiple functions - the largest retail area in Romania (120,000 rentable square meters) , office, culture and new entertainment concepts – , whose anchor will be a large urban garden with access to the Someș river.

Forte Partners, new offices on the site of a former large factory in Bucharest, Adesgo

Forte Partners has started the process of demolishing the former Adesgo factory in the Tineretului area of ​​Bucharest. In its place, a mixed-use project will be developed, including offices and residential . This initiative is added to the U Center office complex, where the first building was purchased by the Pavăl brothers, the owners of Dedeman.

Liziera de Lac developed by Liebrecht & wooD will host co-working spaces in the Agora building

Liebrecht & wooD, the international real estate company with a rich history of transformative projects in Central and Eastern Europe since 1991, present in Romania for over two decades, is pleased to announce the completion and inauguration of the public services building known as the Agora at the Liziera de Lac residential complex.

Challenging times for homebuilders and real estate companies

Construction and real estate sectors are among the most cyclical sectors. Sensitive to changes in the labour market, prices in commodities and, first and foremost, the interest rate environment and accessibility of credit, they are currently under strain. And things are unlikely to get any better in 2024, according to a survey by Coface.

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