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Articles - transactions

375,897 real estate transactions registered in the first five months of 2016 in Romania

As many as 375,897 real estate transactions were performed nationwide in the first five months of 2016, by 36,000 more compared to January - May 2015, shows a release of the National Cadastre and Property Advertising Agency (ANCPI) published on the institution's website.

Outsourcing service provider rents offices in Green Court Bucharest

Capgemini, a local company which specializes in providing consultancy, technology and outsourcing services, has rented office space in the third building of the Green Court Bucharest building from real estate developer Skanska.

Romanian real estate investment volumes up 80% in the first half of the year

Romanian real estate investment volumes went up 80% year-on-year in the first half of 2016, reaching an estimated EUR 340 million, according to real estate consultancy company JLL. In the first semester of 2015, the real estate investment volumes stood at EUR 187 million.

Republic of Korea’s Embassy relocates to the tallest office building in Romania

Republic of Korea’s Embassy relocates to new headquarters starting this July, occupying the entire 33rd floor of Sky Tower, an office space of 1,150 sq. m, completely tailored by the Embassy’s requests. The lease was signed for a period of five years.

ING in negotiations with Vastint for a lease in Business Garden Bucharest office project

ING Bank, local subsidiary of the Dutch group, is in negotiations with Vastint, the real estate division of Inter Ikea group, for renting offices in the project Bu­siness Garden Bucharest developed by Vastint in the proximity of Basarab Bridge- Carre­four Orhideea, according to sources in the market.

Central and Eastern Europe needs more real estate projects

Modern offices spaces stock in Central and Eastern Europe reached a total of 24 million square metres last year.

Competition Council approves Billa acquisition by Carrefour Romania

Carrefour Romania received on June 29 the approval of the Competition Council regarding the acquisition of the local network of Billa.

Gijs Klomp: Sunt multi investitori din Europa si SUA care se uita la Romania

Romania is a market with increasing attractiveness for the foreign investors, as the experiences of other large players in the market were already positive. The market effervescence, the growing number of developers, as well as the big names entering the market in latest years, make Romania the ideal place for real estate investments, pundits believe.

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