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Romania R.E News

Romanian real estate

Romanian Real Estate News 20/07/24

RESIDENTIAL Nusco Imobiliara, one of the biggest real estate companies in Romania, sells over 75% of phase II Of Nusco City project, located in Pipera district, Bucharest. Nusco City was launched in the winter of 2020 and delivered the first phase, with 622 residential units, in the second quarter of 2023. The second phase will…

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Romanian Real Estate News 15/07/24

RESIDENTIAL Almost 40% of rural residents intend to move to the urban environment in the next year to be closer to work and to benefit from educational opportunities and have access to medical facilities, according to a new study conducted by Storia & OLX Imobiliare in Romania. On the other hand, many of the urban…

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Romanian real estate

Romanian Real Estate News 10/07/24

RESIDENTIAL -In H1 2024, more than 77,200 houses and apartments were sold across Romania, up 16% on an annual basis, while the increase in Bucharest-Ilfov county was 25%, real estate consultant SVN Romania said in a report based on data from the National Agency for Cadastre and Land Registration. The biggest number of homes sold…

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Romanian Real Estate News 26/06/24

CONSTRUCTION The volume of construction works in Romania grew by 16.2% in April on an annual basis, after unexpectedly contracting by 7.0% in Q1 2024, according to data published by the National Institute of Statistics. April’s recovery was driven by the non-residential buildings (+18.5%) and civil engineering works (+21.1%). In January-April 2024 period, the volume…

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Romanian Real Estate News 18/06/24

RESIDENTIAL The number of online searches for real estate is higher in Bucharest than in other parts of the country, indicating a high interest in the Romanian capital’s real estate market and defying a 5-year national decline, according to an analysis by Five Elements Digital, a Bucharest-based digital marketing agency. Rising prices, amid inflation and…

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Romanian Real Estate News 12/06/24

OFFICE The lack of office space deliveries in Bucharest forces companies to plan future lease contracts way in advance, according to an iO Partners study. Very few projects in the Romanian capital are expected to be delivered in the next two years: only 15,500 sqm in 2024 and 8,000 sqm in 2025. Developers have been…

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Romanian Real Estate News 06/06/24

RESIDENTIAL Brasov is the city where most Romanians would like to move to and it is, at the same time, the city that most want to visit. These are the findings of a study carried out at the request of “Visual Destinations”. Brasov is located in the central part of the country, about 166 km…

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Romanian Real Estate News 05/06/24

RESIDENTIAL In May 2024, the price of apartments stood at EUR1,598 per square meter nationally. The level is over 11% higher than in the corresponding period a year ago, Imobiliare.ro data reveal. Cluj-Napoca in Transylvania remains the most expensive city in the country, with the average price reaching EUR2,753 per square meter after a 10%…

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Romanian Real Estate News 04/06/24

.REAL ESTATE INDEX The average price of old three-room apartments in Romania’s capital Bucharest stood at EUR107,300 in May 2024, up from the EUR106,400 in April 2024, the real estate index compiled by Ziarul Financiar and real estate consultancy SVN Romania showed. The price increased by 4% over May 2023, compared with 3% in April…

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Romanian Real Estate News 03/06/24

OFFICE -Bucharest-listed One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announced 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 in the prestigious One Cotroceni Park class A office…

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