Bucharest | Romania Feed

MedLife (M.RO), the leader of the private medical services market in Romania, said Friday it has completed the acquisition of the Veridia Medical Center in Bucharest, known as Basarab Medical Center.

Prima Development Group, a real estate developer based in Oradea, announced Thursday it has completed Boemia Apartments in Bucharest, a boutique-style residential project, following an investment of EUR8.5 million.

The demand for office spaces in Bucharest will increase by 20-30 percent this year, given that a significant part of the major tenants have exceeded expectations and are actively evaluating the options for space optimization, according to Cushman & Wakefield Echinox consultants. During 2020, the transactional volume decreased by 40%, up to 237,000 square meters, […]

Austrian furniture and home decor retailer XXXLutz has leased 6,000 square meters of storage in the logistical park developed by WDP in Dragomiresti, northwest of Bucharest.

One United Properties and Bright Spaces are launching today an interactive digital showcasing and leasing platform for One Tower, the building developed and owned by One in Floreasca, Bucharest. Available spaces at One Tower can be visualized online, in a complete 3D environment, on  https://office.One.ro.    The platform was customized to meet One Tower’s specific […]

TDCX, a leading provider of business process outsourcing (BPO) services based in Singapore, is opening in Bucharest its first office in Central and Eastern Europe and the second in Europe, after launching operations in Spain two years ago.

Prima Development Group, a real estate developer based in Oradea, plans to finish the construction of 640 apartments in Bucharest and Oradea and expand its presence in Bucharest with three new projects, totaling over 2,500 housing units.

Skanska invests EUR 45M in the second building of the Equilibrium office project located in the northern part of Bucharest, Romania. The 12-storey building will comprise of a total leasable area of 19,900 sqm and 229 parking lots above and underground. By Romanita Oprea   „Equilibrium, located in one of the well-known business areas of […]

US-based Orion Innovation has entered into a definitive agreement to acquire Romanian software producer Tellence Technologies and will establish a research and development center in Bucharest, the company announced Monday.

In the last quarter of 2020, in Bucharest there were transactions of office spaces with a total area of ​​77,000 square meters, the highest quarterly value of the year, thus bringing the annual volume of transactions to approximately 237,000 meters squares, according to the real estate consulting company Cushman & Wakefield Echinox. Compared to the […]

XXXLutz, the second largest furniture retailer in the world, enters the Romanian market and opens, on February 3, 2021, 2 XXXL stores, in Bucharest’s Militari and Pallady areas.   The process is part of the expansion strategy of the Austrian group XXXLutz, which, in December 2019, took over all of the kika subsidiaries in Eastern […]

Bucharest’s hotel industry has been badly hurt by the crisis and one thing that shows it is the 17 for sale ads for hotels, according to real estate classifieds website imobiliare.ro, one of the largest such platforms in Romania.

Spanish real estate developer Gran Via Real Estate has bought a land plot near the Plumbuita Park in Bucharest, where it plans to build a residential project consisting of 90 apartments.

Logistics developer Element Industrial, owned by Ionut Dumitrescu and Muler Onofrei, is starting construction on a new logistics park - Eli Park 3 – of 72,000 square meters, in the Chitila-Buftea area near Bucharest, in an investment estimated at EUR37 million.

The Combinat (www.combinat.ro) microsite wants to contribute to the growing of the visibility and the audience of the Combinatul Fondului Plastic, through a series of editorial materials about its cultural entities, positioning it (29, Baiculesti) as one of Bucharest’s and Romania’s cultural destinations. By Romanita Oprea   The project starts January 2021, by the online […]

The largest Romanian owner of office space, Liviu Tudor, is consolidating his position in the west of Bucharest after buying the former mattress plant Victoria site from businessman Dragos Bilteanu, real estate market sources say.

Real estate consulting company CBRE has brokered the extension of the lease contract for a space of approximately 85,000 square meters occupied by Carrefour Group within the P3 Bucharest A1 industrial park located in western Bucharest.

Leading U.S. life insurer Massachusetts Mutual Life Insurance Company (MassMutual) today announced the opening of two MassMutual Global Business Service Center locations in Romania, located in Orhideea Towers in Bucharest and Record Park in Cluj-Napoca. Both sites are positioned in areas designed to attract local tech talent, adding to continued technology hiring by the company […]

Real estate consulting firm Cushman & Wakefield Echinox was appointed to provide property management services for the Floreasca Park office space project located in the Floreasca – Barbu Vacarescu area in northern Bucharest, the biggest business hub in capital Bucharest.

The British School of Bucharest announces that Mr. Philip Walters will be moving forward from the position of Headmaster at the end of this academic year. As Head of the Advisory Committee, Mr. Walters will continue to offer invaluable insights towards the continued development of the BSB community as they strive for continued success. With […]