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Articles - investitii imobiliare

Demand for retail space to go up in 2015, says DTZ Echinox

After four years during which most retailers have concentrated on consolidation and brand repositioning and less on expansion, 2014 has seen a more dynamic evolution which is expected to continue this year as well, according to representatives of real estate consultancy firm DTZ Echinox.

Romania ranks 4th in Central and Eastern Europe based on volume of real-estate transactions in 2014

The value of real-estate transactions registered in Romania in 2014 puts the country on 4th place in Central and Eastern Europe, behind Poland, Russia and the Czech Republic, according to CBRE reports.

Year in Review: Real Estate

The total property investment volume in Romania increased to approximately EUR 1 billion in 2014, marking the highest annual level since 2008, according to pundits. Office has been by far the best performing real estate sector but there is good news coming from retail, logistics and industrial and residential as well.

Main developments on the Romanian real estate market in 2014

Real estate developers focused more on office projects in Romania this year, and less on retail and logistics projects.

Hercesa eyes EUR 7 mln office project near Piata Unirii in Bucharest

Spanish company Hercesa is likely to start the construction of a nearly 5,000-square meter office building on a plot of land it owns in Bucharest’s Piata Unirii Square, within an investment estimated at EUR 7 million. The developer already has an IT firm on the wire looking to rent half the space.

Tiriac invests EUR 30 mln in office building in Piata Victoriei

Tiriac Imobiliare, Ion Tiriac’s real estate division, will invest EUR 30 million in an office building on Buzesti street, near Piata Victoriei in Bucharest. Construction work and leasing were initiated only recently on this project, writes zf.ro.

Real estate investments skyrocket to EUR 1.2 bln in 2014, says DTZ Echinox

Romania’s real estate investment volume reached 1.2 billion in 2014, up from EUR 300 million the previous year, according to data from real estate consulting company DTZ Echinox.

Arab billionaire interested in Romania’s real estate market

Real estate development company Impact Developer & Contractor, in which businessman Gheorghe Iaciu holds a 49% stake, is currently in talks for a possible partnership with DAMAC Properties, the company responsible for developing about a third of the residential towers in Dubai.

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