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Articles - residential market

Czech developer plans new developments in Bucharest

Czech developer S Group Holding, which completed the Green Gate office project in Bucharest last year, is interested in developing a new office building in the central-west area of the capital and a residential complex with 2,500 – 3,000 apartments in northern Bucharest.

One Herastrau Park luxury residential complex construction kicks off

One United Properties announced the start of construction works on One Herastrau Park, an exclusive residential project expected to finish in March 2017.

Citadella Titan flats nearly sold out

Premier Estate Management sold 50 apartments totalling €2.5m at Citadella Titan in Bucharest over the summer. The residential complex has just 40 apartments still on the market.

Number of residential building permits goes up in Romania

The number of building permits for housing increased by 3.3% in the first seven months compared to the same period last year, reaching over 22,000.

Construction starts on first solar powered residential complex in Romania

Construction works on the Solar Neighbourhood, the first project in Romania designed to be powered by photo voltaic solar panels, have started in Bucharest and are projected to end in September 2017, according to an announcement by developer Ad Astra Partners.

Domenii Park complex sells over 90 pct of the apartments

Domenii Park, an investment of EUR 16 million by Cyrom Investment, announced that it sold over 50 of the 63 apartments in the complex located in northern Bucharest.

Permits for residential buildings up 12.6 pct in June vs May 2015

During the month of June 2015 over 4,000 authorizations for residential buildings construction have been issued, shows data from the National Institute of Statistics (INS).

Prices for Bucharest apartments up 3 pct in H1 2015 y-o-y

For the first half of 2015, asking prices for Bucharest apartments rose by some three percent year on year, according to a study by HomeFinders.

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