REIT legal initiative submitted in the Romanian Parliament 900 600 BUCHAREST REAL ESTATE CLUB

REIT legal initiative submitted in the Romanian Parliament

Following the joint initiative of Bucharest Real Estate Club – the main industry’s association – and Bucharest Stock Exchange to promote the regulation of Real Estate Investments Trusts (REIT) on the Romanian market, the legal initiative was submitted in the Parliament earlier this month.

River Development has a new Managing Partner 900 600 BUCHAREST REAL ESTATE CLUB

River Development has a new Managing Partner

One of the local real estate developers, has a new Managing Partner, in the person of Oana Rădulea. Oana takes over the executive management of River Development from the former Executive Director, Liviu Birău.

InteRo Property Development starts +EUR 170 million investments this year in Northern Bucharest 900 600 BUCHAREST REAL ESTATE CLUB

InteRo Property Development starts +EUR 170 million investments this year in Northern Bucharest

InteRo Property Development has received the building permit for Pajurei 3 Residence, with construction works to begin in the following weeks. The developer also expects to receive the building permit for SunLight Residence, a residential project in Tunari area, in the following months.

HP extends the partnership with YUNITY Park 901 600 BUCHAREST REAL ESTATE CLUB

HP extends the partnership with YUNITY Park

Genesis Property and HP Inc. Romania have signed a 5-year lease extension for 7,000 square meters of office space in YUNITY Park.

A five-year new lease for Yusen Logistics (Romania), assisted by CBRE Romania 800 600 BUCHAREST REAL ESTATE CLUB

A five-year new lease for Yusen Logistics (Romania), assisted by CBRE Romania

Yusen Logistics, a leading global logistics provider, has secured a lease agreement for a substantial area of 19,000 sqm within CTPark Bucharest, assisted by CBRE.

2024 Trends with Catalina Dragomir, Kone 565 600 BUCHAREST REAL ESTATE CLUB

2024 Trends with Catalina Dragomir, Kone

“2024 is coming with economic challenges and market uncertainty.”

Vastint Romania announces the second phase of the project Timpuri Noi Square of 105,000 sqm 1200 600 BUCHAREST REAL ESTATE CLUB

Vastint Romania announces the second phase of the project Timpuri Noi Square of 105,000 sqm

Vastint Romania announces the commencement of the second phase of its real estate project, a significant urban regeneration project for the Timpuri Noi area.

Women in Real Estate 2024, 5th edition 1200 600 BUCHAREST REAL ESTATE CLUB

Women in Real Estate 2024, 5th edition

The fifth edition of Women In Real Estate took place on International Women Day, Friday, 8th of March at the top floor of Grand Hotel Bucharest, gathering leaders from developers, investors, lawyers, consultants, banking and partner associations.

IMPACT announces revenues of 169.5 million RON in 2023 and a net profit of 34.9 million RON 1200 553 BUCHAREST REAL ESTATE CLUB

IMPACT announces revenues of 169.5 million RON in 2023 and a net profit of 34.9 million RON

In 2023, the company signed sale-purchase contracts for 157 units, which together generated revenues of 119.5 million RON.

HILS Development launches HILS Titanium, an investment of 70 million EUR 938 600 BUCHAREST REAL ESTATE CLUB

HILS Development launches HILS Titanium, an investment of 70 million EUR

HILS Development launches HILS Titanium, the sixth large residential project in the Eastern part of the Capital.

2024 Trends with Laurentiu Afrasine, Akcent Development 968 600 BUCHAREST REAL ESTATE CLUB

2024 Trends with Laurentiu Afrasine, Akcent Development

“One of the big challenges for this year remains the buyers’ capacity to access banking loans.”

Investments intend for Bucharest drops by more than 50%, to 500 million EUR 901 600 BUCHAREST REAL ESTATE CLUB

Investments intend for Bucharest drops by more than 50%, to 500 million EUR

Bucharest Real Estate Club surveyed the most dynamic investors for the forces that shape the city skyline in 2024.