IN THE SPOTLIGHT

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.

Romanian-based real estate company Element Development has finalized construction works at Bistrita Retail Park, totaling an investment of 9 million EUR.

Either you are a local or multinational office space occupier, your business needs to have a perfect match when it comes to occupying an office space, especially under today`s costs optimization constraints and qualified workforce shortage.

New sophisticated products on Bucharest real estate market: first food hall & lofts apartments on former historic properties

Tech got mainstream as industry eyed urban future during MIPIM 2018, the world’s leading international real estate business, conference and networking event.

If three to four years ago, one could have counted just a few specialty coffee shops in Bucharest, today the market has increased significantly with around 40 locations in Bucharest, split between central street locations and new office buildings.

New estimated investments of more than EUR 1 BILLION in office, retail, residential & hotel schemes, together with a public hospital bring new opportunities on the Bucharest real estate market.