IN THE SPOTLIGHT

Spanish developer Gran Via Real Estate announces results beyond expectations for 2020 on the Romanian market. Despite two months of lockdown measures due to the pandemic, the company traded 478 residential units, with a total…

One United Properties announces the lease agreement with Superbet, the largest omni-channel sports betting and gaming operator in Romania, for an 8.206 sqm of office space in the One Cotroceni Park building. Superbet will thus move its offices within One Cotroceni Park,  the largest…

Element Industrial announces the start of a new project, in Buftea Chitila area: Eli Park 3 logistics development, with a 72.000 sqm area, a total investment of EUR 37 mil. The new logistics park will…

Romanian real estate market has strong fundamentals and an eventual correction will be a moderate one, that was the conclusion of the most important investors and consultants during the Investment Briefing roundtable organized last week by Bucharest Real Estate Club at Athenee Palace Hilton, in Bucharest.

Co-work takes hold in the second trimester on the office market in Bucharest, with two new international groups announcing their entrance on the local market: Mindspace in Globalworth buildings and Spaces in Campus 6.1 and Unirii View.

Colliers International Romania advised East Balkan Properties plc in the selling of its office portfolio consisting of four buildings in Bucharest.

In a more and more crowded office market, with new hubs developing at fast pace, real estate investors are coming with new concepts, re-thinking the use of different functions, such as the office lobby.

Ionuț Dumitrescu launches Element Industrial, a real estate development company focusing on logistic projects. The new company will develop a portfolio of industrial projects in Bucharest and Romania.

While investors agree the commercial segment of the Romanian real estate market has matured, with numerous qualitative developments delivered in the last couple of years, BREC takes a look at the residential segment where new, interesting moves take shape.

CA Immo has acquired the first phase of Campus, the business park developed by Skanska in Center West Bucharest for 53 million EUR.

The biggest ten office deals in Q1 2018 total 39, 373 sq. m, the podium concentrating two projects: one in CBD – Day Tower and the other one with two deals in Central West – The Bridge.