Belgian real estate developer Liebrecht & wooD starts work in November on the first 94 houses in the residential project in Frumusani, near Bucharest.
Wholesaler El Grupo Número 1, the biggest franchisor in Spain, has leased a warehouse of 3,000 square meters within the P3 Bucharest A1 industrial park and will be exclusive wholesaler in Romania for clearance items of most famous Spanish fashion brands.
Spain’s Mantor Group has completed the consolidation works on the Mita Biciclista historic building located in Bucharest’s Piata Amzei area, following an investment of EUR4.5 million.
The office space surface area traded in capital Bucharest and in Romania’s large cities exceeded 200,000 square meters (sqm) in January-September 2020, of which the net demand accounts for nearly 40%, while relocations and contract renegotiations make up for the rest.
Real estate developer Forty Management has reached an agreement with Butan Gas Romania to acquire a land of approximately 40,000 square meters located in the Straulesti area in Bucharest, for an estimated EUR8.2 million.