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Articles - real estate investments

Real estate market in Romania continues growth; international investors and developers’ interest increasing

Local real estate market will continue the positive trend of the last years, with growth estimated on key-segments such as investments market, office and industrial, according to the most recent study of a real estate consultancy company.

JLL: Real estate investors are considering Romania, but are careful regarding the political situation and corruption

The good macroeconomic situation of Romania is known by the foreign real estate investors, present at MIPIM, one of the world’s largest real estate events. However the immergence of the politics to justice, the corruption, the long terms of commercial related trials, as well as the timid presence of the local investors on the Romanian real estate market are among their concerns when thinking about investing in Romania, according to a JLL study.

Zacaria Group invests EUR 20 million in a new residential project in Bucharest

Real estate developer Zacaria Group enters the Romanian residential market with an investment of EUR 20 million in a project which includes 280 units situated in northern Bucharest.

Spices producer Supremia plans to build 8,000 sq. m warehouse in Alba-Iulia, Romania

Supremia Grup, one of the largest players in the ingredients for food industry and spices market, plans to complete its research and innovation centre in 2017, followed by the development of a warehouse near the factory owned in Alba-Iulia.

Owner of Romanian BCR lends EUR 91 mln to US group Blackstone

Austrian group Erste Group, which owns the local lender BCR, has granted a loan of EUR 91 million to the US group Blackstone to help it finance the acquisition of 12 logistics projects in Central and Eastern Europe from Austrian real estate group Immofinanz.

A new industrial park of minimum 10 hectares in Botosani, North-Eastern Romania

The mayor of Botosani, Ovidiu Portariuc, announces a future investment in an industrial park in the village of Bucecea, which will occupy an area of minimum ten hectares of land.

Industrial sector dominated real estate investments in 2015 in Romania

Industrial real estate in Romania reached a record level of 389 million dollars, representing 57 pct. of the total investments registered in 2015.

Industrial real estate developer CTP invested EUR 300 million in Romania in one year

Industrial real estate developer CTP has invested last year EUR 300 million in development and acquisition of logistics projects in Romania and will continue over the following years the expansion on the local market by organic growth and acquisitions, has declared for MEDIAFAX Remon Vos, the company’s CEO.