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Articles - land for sale

Data center investors enter race for land plots in Romania

The land market in Bucharest and other regional cities is seeing increasing demand from developers of data centers that want to accommodate growing investments in the country’s IT&C industry, according to a report by iO Partners.

2021, record year for the Romanian land market, with over EUR 800 million worth transactions

The volume of transactions with land dedicated exclusively for residential and commercial projects (office, retail, hotel) saw last year its highest value since 2007. The market has increased more than two and a half times compared to the estimated volume of 310 million euros in 2020, according to Colliers data.

Ro Naturstein is asking 20 million euros for two construction plots in the northern part of Bucharest

Ro Naturstein, which owns about 50 properties in Bucharest, has put up for sale for about 20 million euros two plots of land in the Expoziției/Poligrafiei area, intended for large-scale mixed projects, according to profit.ro.

Bucharest City Hall wants to sell a 3.5 ha land near the Government building

The General Council of Bucharest considers selling a 35,000 sqm plot behind the Government building,

Former Textila Dacia factory in northern Bucharest is still for sale

The Transilvania Insolvency House (CITR) sells the land belonging to the former Textila Dacia factory in Bucurestii Noi, an area of over 52,000 square meters, with potential for a large real estate project.

Lidl puts on sale plots of 6.5 ha in large and medium cities in Romania

German retailer Lidl, present on the local market with nearly 200 discount stores, put on sale 14 plots of land in large and medium cities in Romania, with a total area exceeding 65,000 sq. m. For an average price of EUR 100/sq.m, the company could cash EUR 6.5 million.

Shareholders of Industria Iutei rejected Bucharest plot sale to Dedeman

Shareholders of the manufacturer Industria Iutei Bucharest have rejected the proposal of sale of a 2.7 ha plot in Trafic Greu area of Bucharest to the DIY retailer Dedeman, owned by Adrian and Dragoș Pavăl.

Dedeman to pay EUR 6 million for the plot of Bucharest factory

DIY retailer Dedeman, controlled by Adrian and Dragoş Pavăl in Bacău, Romania, negotiates the takeover of a plot of nearly 3 ha in Bucharest’s sector 5 from the producer Industria Iutei.
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