IN THE SPOTLIGHT

Rustler finalizes the sale of a historic villa 1200 594 BUCHAREST REAL ESTATE CLUB

Rustler finalizes the sale of a historic villa

Rustler Properties successfully finalizes the sale of a historic property downtown Bucharest. This villa stands out for its architectural style, authenticity and historical value, as original elements were preserved during the renovations at the time of the building’s restoration.

BREC Partner Event: reConstruct 2024 1143 600 BUCHAREST REAL ESTATE CLUB

BREC Partner Event: reConstruct 2024

This year’s edition of reConstruct to take place Thursday, 6th of June, will focus on the trends in the market, on the efforts of the players to respond to the demand and to anticipate the trends in terms of construction, innovation, furnishing, both in homes, but also in the spaces where we work, shop and we try to spend our free time.

DP World Romania opens a new branch at One Cotroceni Park 812 600 BUCHAREST REAL ESTATE CLUB

DP World Romania opens a new branch at One Cotroceni Park

One United Properties announces that DP World Romania, a global leader in logistics and supply chain solutions, is expanding its business operations within Romania and is opening an office at One Cotroceni Park. The new lease agreement followed an efficient real estate process led by CBRE Romania and spans a term of 10 years, covering a surface area of 700 sqm.

Redport Capital announces new 13 million EUR investment 1133 600 BUCHAREST REAL ESTATE CLUB

Redport Capital announces new 13 million EUR investment

Redport Capital announces construction start for the third phase of The Level project: adding another 105 apartments to this modern residential neighborhood.

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.

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.

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