ARTICLES LABELLED WITH TAG Romania

Some 54% of employees in Romania prefer a flexible mix that does not overpass 75% of their work time in remote conditions, according to a regional survey commissioned by real estate consultancy CBRE. 

Hungarian Indotek Group is in advanced negotiations to purchase the office building One Victoriei Center in Bucharest. 

Real estate consultancy Crosspoint Real Estate estimates that all 256 apartments in Vulcan Residence based in Bucharest will be sold by the second half of 2023. The agency is the exclusive seller of the project, which is NEPI Rockcastle’s first residential investment in Romania. 

The inauguration of the extension of Colosseum Mall in northern Bucharest was pushed back by spring 2022 due to the health crisis.  

Hagag Development Europe has officially opened the trading day on Tel Aviv Stock Exchange (TASE) on October 24. The property developer has raised around €28 million after going public last August on TASE. 

Most Romanians who worked more from home in the past 18 months want to return to the office, citing the lack of socializing with the colleagues as one of the reasons, according to a new survey commissioned by real estate consultancy Cushman & Wakefield Echinox. 

Element Industrial Founder Ionuț Dumitrescu and Sacha Dragic, the Founder of Superbet Group, have launched a new joint venture in the industrial and logistics sector. The development company will be formed through the association of ELI and D Craig Real Estate, the property division of D Craig Holding, controlled by Sacha Dragic. Anca Damour has been named CEO of D Craig Real Estate. 

Investment sentiment among property companies has improved since the start of the pandemic and developers are adapting to emerging demands, suggested speakers during the post-COVID-19 investment and asset management strategies panel of SEE Property Forum 2021, Property Forum's annual event in Bucharest.

Property group NEPI Rockcastle, the biggest owner of shopping centres in Romania, says it has started the construction of its first residential project in Bucharest. 

Property Forum is excited to announce the winners of its first-ever SEE Property Forum Awards. The winners of each category were selected by our jury committee, comprising the crème de la crème of the Romanian real estate industry. The awards, celebrating the best projects, most impactful transactions and most inspiring personalities of the Romanian market, were presented at our Awards Gala and Exclusive Networking Party in Bucharest last night, part of our annual SEE Property Forum conference.