Belgian-held developer Speedwell has started work on the second building of residential project The Ivy on Strada Jandarmeriei in northern Bucharest.
French hotel group Accor, which has 15 hotels in Romania, plans to open two hotels under the Tribe and Adagio brands, which will be located inside the same building, in Bucharest’s Basarad area.
Irish start-up Nooka One, which offers complementary solutions to the office space market and focuses on mobility and flexibility, has installed an office in the garden of Bucharest’s ParkLake shopping mall, which consists of two work stations, high-speed internet, furniture and accessories, as well as smart sensors.
Cora is further expanding its Cora Express service by launching a new partnership with tazz, eMAG’s home delivery platform, for clients of Bucharest, Cluj-Napoca, Constanta, Bacau, Drobeta and Ploiesti.
Lithuanian hotel operator Apex Alliance, which owns and operates four hotels in Bucharest, has finalized its EUR42 million investment in Bucharest’s Old Town.
Real estate consulting firm CBRE Romania has assisted boutique investment fund manager Adventum, run by a Hungarian team of managers but officially based in Malta, in acquiring Hermes Business Campus office complex in northern Bucharest, held by Belgian real estate developer Atenor.
Artisanal bakery Pain Plaisir will be opening a new store, in capital Bucharest, in November 2021, within the J8 Office Park project, reaching four units in Bucharest, and targets a turnover of EUR2.5 million in 2021.
Euroins Romania, the second largest insurance company on the local market, has rented 2,500 square meters in building A of the J8 Office Park project developed in capital Bucharest by real estate developer Portland Trust.
Bucharest will have only 1.4 million inhabitants by 2050, compared with 1.8 million as statistics show in 2018, according to Eurostat data.
Superbet, the largest sporting bets operator in Romania, with over 1,000 agencies across the country, has opened a new location within the City Gate project in Bucharest in a transaction assisted by real estate consulting company Cushman & Wakefield Echinox.
Swedish-held Medicover, the third largest private medical service provider in Romania, on Monday said it was investing EUR20 million in a new hospital in Pipera area (northern Bucharest), which will have 150 beds.
Apartment prices went up in five districts in Bucharest in June compared with the previous month, and down in only two districts, as the market headed towards an 11-year peak.
Funcom, the main video games developer in Norway, is going to internalize the process of ensuring the quality of its games along with the opening of a studio in Bucharest, which will manage the QA (quality assurance) area of the company’s products.
Ford Europe wants to bring a services center to Bucharest and is looking to rent 5,000 square meters of office space at first and add more as needed, real estate market data show.
Romanian real estate developer One United Properties (ONE.RO), currently running an IPO in view of capital market listing, has bought a 21,160 sqm plot of land in the proximity of Lake Tei in Bucharest for EUR15 million.
Sanador, the fourth largest private medical services operator in Romania by turnover, has opened a new clinic, on the groundfloor of the One Tower office building in Bucharest’s Calea Floreasca area, which engulfed EUR6 million.
More than 10,000 employees or 10% of the total employees in Bucharest work in the IT&C sector, ZF has calculated from national Statistics Institute data. In Cluj, 9% of the employees work in the IT sector and in Iasi almost 8%.
Biopharmaceutical company Bristol Myers Squibb Romania has signed a five-year lease extension for its 1,200 square meters of office space in Austrian office developer CA Immo's Europe House, located in the central business district of Bucharest.
Italian chocolate producer and confectionery company Ferrero is extending its office space rented in the Globalworth Tower building in Bucharest starting September.
Vegan restaurant operator Samsara Foodhouse, based in Cluj-Napoca, has inaugurated its first restaurant in capital city Bucharest, on the ground floor of mixed-use project ONE Floresca City.