ARTICLES LABELLED WITH TAG SVN Romania

News Resi sales in Romania up 16% in H1 2024
07
Jul
2024

Resi sales in Romania up 16% in H1 2024

by Property Forum
More than 77,200 homes were sold in Romania during H1 2024, up by 16% compared to the same period from 2023, while in Bucharest-Ilfov area the growth stood at 25%, according to a report by SVN Romania based on official statistics.
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News Mortgages loans in Romania up 29% in Q1 2024
09
May
2024

Mortgages loans in Romania up 29% in Q1 2024

by Property Forum
The volume of new mortgage loans amounted to €1.1 billion in Q1 2024, up by around 29% compared to the same period of last year, according to a report by SVN Romania | Credit & Financial Solutions.
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News Mortgage costs in Romania rank among most accessible in EU
16
Jan
2024

Mortgage costs in Romania rank among most accessible in EU

by Property Forum
Home buyers in Romania have among the lowest instalment payments for mortgages across the EU, according to a SVN Romania report.
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News Resi sales decline in Bucharest eases in Q3 2023
21
Nov
2023

Resi sales decline in Bucharest eases in Q3 2023

by Property Forum
Residential sales in the Bucharest and Ilfov area were only 3.8% smaller in Q3 2023 than those registered in Q3 2022, which was a record year, according to a SVN Romania report.
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News Mortgage loans in Romania up 10% in H1 2023
30
Aug
2023

Mortgage loans in Romania up 10% in H1 2023

by Property Forum
The volume of new mortgage loans in Romania rose by 10.2% to 2.5 billion lei (€506 million) in H1 2023 compared to the same period of last year, of which refinancing operations had a 25% share, according to a report by SVN Romania | Credit & Financial Solutions. 
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News Grand Development invests in villas near Brașov
06
Jul
2023

Grand Development invests in villas near Brașov

by Property Forum
Romanian property company Grand Development, founded by Ionuț Nicolescu, is investing over €12 million in the development of Montebello Transylvania Resort, a project comprising 47 chalet-style villas near Brasov. The first phase of the development is slated for completion in November 2023. 
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News Resi deliveries in Bucharest region to fall in 2023
14
Mar
2023

Resi deliveries in Bucharest region to fall in 2023

by Property Forum
Around 19,000 homes could be delivered in Bucharest and its surroundings this year, down 11% compared to 2022, while over 8,000 homes are at this moment in different development stages and could be delivered in 2024 and 2025, according to real estate consultancy SVN Romania. 
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News Redport Capital plans large resi project in northern Bucharest
08
Mar
2023

Redport Capital plans large resi project in northern Bucharest

by Property Forum
Romanian developer Redport Capital is planning a residential complex with more than 1,000 homes on the land plot of 44,000 sqm that was recently purchased in northern Bucharest alongside local furniture market Mobexpert.
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News Homes sales in Bucharest up 9.16% on 10 months 
29
Nov
2022

Homes sales in Bucharest up 9.16% on 10 months 

by Property Forum
Over 52,000 homes were sold in Bucharest and its surroundings in the first ten months of 2022, up 9.16% compared with the similar period from 2021, according to data published by the National Agency for Cadastre and Land Registration. 
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News Bog’Art completes Bucharest resi project
11
Oct
2022

Bog’Art completes Bucharest resi project

by Property Forum
Romanian construction group Bog’Art has completed the development of its own luxury residential project Art City in northern Bucharest, which is valued at more than €20 million.  
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Latest news


New leases

  • Revetas Capital announced that Bonarka for Business “B4B” has secured a lease extension contract with a company of Hitachi Group - GlobalLogic. The company, a leader in digital product engineering, has been a tenant in B4B since 2016 and leases in total of 6,500 sqm of office space in Building F.
  • GTC has extended its lease for 1,700 square meters of office space with pharmaceutical company Egis Polska. The company will continue its operations in the Corius building at the Aeropark Business Centre in Warsaw.
  • IMSAT, a company that offers integrated engineering, electrical, automation, and industrial technology solutions, has expanded its office space, within Bucharest-based The Bridge office building, to 3,800 sqm. The deal was brokered by Cushman & Wakefield Echinox.

New appointments

  • GTC has announced the appointment of Sebastian Junghänel to the Management Board as Chief Operating Officer, effective 2 September 2025. With more than 18 years of experience in the real estate sector across Germany and CEE, Sebastian brings strong expertise in asset management, project development, ESG and innovation. His career includes co-founding ZEITGEIST Asset Management, where he built a €1 billion portfolio, and senior management roles at HOCHTIEF Group. At GTC, Sebastian will focus especially on the oversight of our portfolio in Germany, which includes, includes 5,200 residential units in Kaiserslautern, Helmstedt, Heidenheim, and surrounding areas. His know-how will also support our development projects in Central and Southeastern Europe.
  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.

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