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Articles - tranzactii

Real estate transactions number increased by 4.5% in February, close to 51,000

In February 2018, a total of 50,756 properties were sold, with 2,189 more than in February 2017, the National Agency for Cadastre and Real Estate Advertising reported.

2018, a turning year for real estate in Romania

The investment volume of investment in the office market could increase this year to 500 million euros, from 160 million euros in 2017, as 2018 is a year of turning in this segment, the projects underway for the next period including centers offices with an average surface area of more than 50,000 square meters, compared to an average of 20,000 sqm in those traded up to now, according to the report of the Colliers International real estate consultancy company.

The value of real estate transactions in 2017, about one billion euros in Romania

The volume of real estate investment in Romania in 2017 is estimated at around EUR 1 billion, almost 10% higher than in 2016 (EUR 890 million). The figure is 8% of the total in the Central and Eastern Europe region of 12.17 billion euros, according to the JLL.

Over 620,000 properties sold in Romania in 2017

The National Agency for Cadaster and Real Estate Advertising has announced that 627,802 properties have been sold in Romania last year.

Office market in Bucharest ended 2017 close to record highs in 2016, over 170 transactions

The Bucharest office market ended 2017 close to record highs in 2016, with over 170 Class A and Class B transactions totalling 310,000 square meters, according to the annual Knight Frank European Commercial Property Outlook.

New Lease Agreement in AFI Tech Park: Concept Store “1 Minute” to open a new unit in the business campus

AFI Europe Romania has signed a new lease agreement for the AFI Tech Park business camp. The new tenant is Lagardère Travel Retail Romania with their "1 Minute" Quick Service Restaurant concept, who has rented a space on the ground floor of the AFI Tech Park 1 building.

Alpha Bank extends the lease for West Gate office park in Bucharest until 2026

West Gate business park, owned by Genesis Development, a company controlled by local entrepreneur Liviu Tudor, extended the lease agreement with Alpha Bank for another eight years until 2026.

ING Bank will relocate its headquarters to the Blue Rose Office Park in northern Bucharest

ING Bank will consolidate its operations and relocate its headquarters in Bucharest to Blue Rose Office Park, the newest project of Portland Trust, which is being developed in the North of Bucharest, Expozitiei Area.

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