ARTICLES LABELLED WITH TAG Romania

Romanian developer Prima Development Group announces the expansion on the residential market in Bucharest with three new projects, after this year it will deliver 640 apartments in the capital city and Oradea. The new projects will bring an additional 2,500 new homes to the market.

Bucharest – the skyline transformation by 2025, an exclusive investment/destination marketing oriented real estate digital tour, for optimism and perspective after a traumatic year (2020), is out now, published by Romania's Real Estate Yearbook 2020.

For many market players, 2020 was a year in which investment plans were changed to keep more liquidity in the company. Mihai Zaharia, Head of Investments Romania and Group Capital Markets Director at Globalworth, tells us about the effects of the COVID-19 pandemic on the investment market but also about the future of the Romanian and Polish markets.

Hagag Development Europe has an investment budget in Romania of €100 million for this year, according to Ziarul Financiar.

The Black Sea Trade and Development Bank (BSTDB) has extended a €50 million loan to One United Tower S.A. to facilitate the development of business infrastructure in Romania. 

Courier company FAN Curier announced it will complete this year an investment of  €7 million in the logistic HUB in Cluj-Napoca after it received the final building permit this month.

Speedwell and Erste Group Bank signed a financing agreement of €27 million for the development of MIRO, a Class A office project the company is building in the northern part of Bucharest.

Skanska has announced changes in the leadership team of its commercial development business unit in the Czech Republic and Hungary. Alexandra Tomášková stepped down from the role of EVP Operations for Hungary and the Czech Republic and is currently on a 2-month sabbatical. She is considering another role in the organization.

Nordis Group announced the completion of a building with luxury apartments in Bucharest, an investment of €8 million. 

BCR Romania is working on a project that takes into account the increased demand for telework and flexible offices in the two buildings in Bucharest where it has rented offices, which can lead to a reduction of workplaces, Economica.net informs.