Romanian Real Estate News – Monday 31/10/2022

Romanian Real Estate News

INVESTMENT

-Bucharest-listed One United Properties, the leading green investor and developer of residential, mixed-use and office real estate in Romania, will pay on Nov. 3 the half-year dividend of RON0.013 per share and on Nov. 4 will distribute to shareholders bonus shares in proportion of one bonus share for every three shares held. The date of guaranteed participation for bonus shares, meaning the last date when the investors can buy ONE shares to benefit from the bonus shares, is November 1st, 2022.

-Real estate developer Nusco Imobiliara, which in 2020 launched a new project in Bucharest’s Pipera area that started with two housing phases, is now embarking on the third phase and wants to invest around EUR100 million, Ziarul Financiar reported.

OFFICE

-Workplace management and change management processes are increasingly demanded by multinational companies, according to CBRE Romania.

CONSTRUCTION

-The number of building permits for residential areas stood at 34,500 down 11.8% y-o-y, in first nine months of 2022, National Institute of Statistics data showed.

-The two offers submitted on Friday by construction companies interested in building the first line (Line 1) of the metro network in the city of Cluj-Napoca, in central Romania, come from associations led by Turkish companies, Economica.net reported.

  1. Asocierea Gülermak Ağır Sanayi İnşaat ve Taahhüt A.Ş. (Leader), ARCADA COMPANY, GÜLERMAK SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ,S.C. Alstom Transport S.A.
  2. Asocierea DOGUS INSAAT VE TICARET A.S. (Leader), Tekfen İnşaat ve Tesisat A.Ş. (Tekfen Construction & Installation Co., Inc.)