04.05.2021

Construction company Nord Conforest Invest, held by entrepreneur Dorin Aschilean, is developing a residential compound in Gilau locality, 20 km off the city of Cluj-Napoca, an investment of more

03.15.2021

Arad-based real estate developer Wallberg, controlled by entrepreneur Valentin Morar, has completed the first 134 apartments of the XCity Towers project located in Timisoara (western Romania) and is more

03.09.2021

Dozens of plants – furniture, cosmetics, food or construction supplies factories, have been taken down in the past two decades to make room for DIY stores, hypermarkets, malls and apartment more

02.23.2021

TerraGaz Construct, a construction company held by brothers Traian and Alexandru Bunea, reported a turnover of approximately RON230 million in 2020, after a nearly 40% increase compared with the more

02.17.2021

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 more

02.09.2021

The fourth quarter of 2020 marked a spectacular return of the Bucharest residential market, with booming transaction activity, while residential developer activity increased compared with 2019, real more

01.25.2021

Real estate developers bought some EUR300 million worth of land in 2020 to build homes and residential projects, real estate consultant Colliers Romania says. However, they either did not buy land for more

01.05.2021

Real estate investor Liviu Tudor has bought the Inscut site in the Preciziei area (west side of Bucharest) in a deal put at some EUR3 million, real estate market sources say. more

12.30.2020

Real estate developer Impact Developer&Contractor, as beneficiary, has concluded two contracts worth EUR18.4 million with Electrogrup, as general contractor, for the construction of a residential more

11.26.2020

Tiriac Imobiliare has appointed real estate consulting firm Colliers with a view to obtaining the WELL Health-Safety certification for its mixed portfolio of projects, being the first real estate more

11.25.2020

Nusco Imobiliara, a real estate developer held by the Nusco Family, has started a new residential project in Bucharest’s Pipera area, where it also has the Pinum showroom and a door factory. more

10.29.2020

Belgian real estate developer Liebrecht & wooD starts work in November on the first 94 houses in the residential project in Frumusani, near Bucharest. more

10.22.2020

Impact Developer & Contractor (IMP.RO), a real estate developer held by businessman Gheorghe Iaciu, has started the construction of the first three blocks of the Boreal Plus residential compound. more

10.08.2020

more

10.06.2020

Bog’Art Residential has bought two plots of land of 6,500 square meters in northern Bucharest, from OMV Petrom, where it will develop a residential compound with 130 apartments. more

09.23.2020

Just 13.4% of the 9.1 million residential units in Romania were built in the last 30 years, between 1990 and 2019, and the residential stock mainly consists of apartments built under the communist more

09.22.2020

Increased demand for residential and dwindling demand for office space has determined developer One United Properties to change its plans and drop the office component in One Verdi Park and make the more

08.27.2020

The impact of the pandemic on the residential market differs by price range but overall sales of new housing declined 7% on the year in the first half of 2020, to around 8,000 units in Bucharest and more

08.12.2020

Construction material producer Teraplast said Wednesday it has partnered with local real estate developer Alfa Construct Partners fro the construction of a real estate project in Bistrita on the more

07.28.2020

Forte Partners, one of the most active developers on the local real estate market, said it plans to build a 500-apartment residential project on Serban Voda street in Bucharest, near its U Center more

07.16.2020

Romanians' appetite for residential acquisitions remains high as over 80% of people looking to buy a home before the coronavirus outbreak still intend to purchase a home, and one in three potential more

06.09.2020

The return on investment (ROI) of new residential properties in capital Bucharest ranges from 5% to 7%, and the best level, of 6.5%, is recorded by apartments further from the city center, in more

04.28.2020

Real estate developer Impact Developer&Contractor, held by businessman Gheorghe Iaciu, is starting works on a new residential project, in Constanta, which will include 693 housing units, in apartments more

04.01.2020

Sales of homes were put on hold a few weeks ago as people are spending more time in their homes and cannot go see homes and there are uncertainties about the economic situation after the COVID-19 more

02.28.2020

Romania’s largest builder, Bog’Art, has purchased two plots of land for development of luxury homes. The move is part of the company’s strategy to focus on luxury residential development in more