BREC Talks to Laurențiu Lazăr Managing Partner & Director Investment Services, Colliers Romania
2 July 2018 • Real estate"Romania has been historically a market searched by speculative investors, but we can notice this trend changing. We can see a stronger interest from institutional investors, which look for large buildings and excellent tenants."
For sale 14.866 m2 land for development with PUZ in Otopeni 23 August Ilfov Romania
29 June 2018 • Real estateFor sale 15.000m2 land for development in Otopeni 23 August. The land situated in the North of Bucharest, in Otopeni. area 23 August Suitable for a residential development because of the ongoing development and the demand for quality housing for this specific area. According to PUZ the parameters are: POT 40%, CUT 1,4 , S+P+2+M, 10 meters at the cornice. The land has easy access from the DN1 and Bucharest ring road
Globalworth invests USD 10 million in creative co-working spaces company Mindspace and brings it to its Bucharest office buildings
26 June 2018 • Real estateThe office investor Globalworth has signed a lease agreement with Mindspace, company specialized in creating creative co-working spaces. The company will open its first locations in Romania in three of the Globalworth buildings on an area of approximately 12,000 square meters of the Globalworth Campus, City Offices and Bucharest Tower Center in Bucharest.
Bucharest: Real Estate used as engaging Marketing tool
26 June 2018 • Real estateOccasionally used up to now on the local retail market, “the pop-up shop” concept gained ground in 2017, with new, innovative implementations. In a crowded media context, brands look for new ways to interact with their consumers and promote product launches. Despite a growing e-commerce industry, emotions are the main driver of loyalty and that is why the “pop-up shop” concept creates great opportunities for brands.
Available for rent 535m2 in recently finished Class A office building Grozavesti Bucharest
28 June 2018 • Real estate535m2 Modern Class A office space available for rent in the Grozavesti area. The space is located on the first floor.
Globalworth starts the construction of the last phase of Globalworth Campus
21 June 2018 • Real estateGlobalworth, the leading office investor in Central and Eastern Europe (CEE), starts the construction of the last phase of Globalworth Campus complex, Tower 3 building, with a total leasable area of 35,000 sqm.
Developer AFI Europe announces new CEO for Romania
18 June 2018 • Real estateIsraeli group AFI Europe, one of the biggest real estate developers and investors in Romania, appointed Doron Klein as CEO of its local subsidiary, starting July.
British investor puts EUR 30 mln in new mall in Northern Bucharest
19 June 2018 • Real estateNova Imobiliare, the company that owns the Colosseum retail park in Northern Bucharest, will invest some EUR 30 million in expanding the project with a mall.
Unirii View, the tallest modern building in the centre of Bucharest, takes shape
11 June 2018 • Real estateUnirii View, a project which will be the tallest modern office building in downtown Bucharest, is taking shape. Construction works are advancing in a sustained rhythm and the building will dominate the outline of the ultra-central area of Bucharest, reaching the 11th floor and a height of 45 meters at the beginning of next month.
Where do expats prefer to live in Bucharest?
5 June 2018 • Real estateSome 70% of expat managers and foreign diplomats come to Romania with their families, so they prefer to settle in northern Bucharest for the large parks and green areas, access to international schools and kindergartens, and the availability of premium apartments.
Foreigners Buying Property in Romania
6 June 2018 • Real estateThe Romanian Legal System establishes precise regulations concerning the matter of ownership right over real estate in Romania. There are several distinct instances that must be explained in order to fully understand the overall legal approach. Foreign citizens can acquire real property in Romania, but only on certain conditions. These limitations generally concern immediate economic criteria that Romania had to fulfill as an active member of the European Union.