Real estate

Business Forum   |   16 December, 2024 at 8:00 PM

Rental levels have trended upward over the past year

Ema Iftimie, Globalworth Romania's Managing Director, delves into the most pertinent aspects of Globalworth's Romanian-focused developments, answering key questions that showcase the company's vision and future in this market. This interview was first published in Property Forum's annual CEE TOP 100 publication.

Business Forum   |   16 December, 2024 at 9:13 AM

Mortgage loans volume in Romania up 43%

Mortgage loans totaling €7.3 billion were granted in Romania during the first 10 months of 2024, up by 43% compared to the same period of last year, according to an analysis by SVN Romania.

Business Forum   |   13 December, 2024 at 3:00 PM

BT Property buys Prima Shops Oradea

The BT Property Alternative Investment Real Estate Fund, managed by BT Asset Management, has purchased Prima Shops Oradea park from Oasis Group, for an undisclosed sum.

Business Forum   |   12 December, 2024 at 3:39 PM

Weerts Group secures €29.5 million refinancing in Bucharest

Weerts Group, the developer of the Unirii View Tower office building in Bucharest, has secured a credit facility worth €29.5 million from BCR. The funding will be used to refinance a previous loan for the office project's development. 

Business Forum   |   11 December, 2024 at 3:00 PM

Fewer homes get completed in Romania in Q1-Q3 2024

The total number of homes completed in Romania in the first nine months of the year was 42,312, down by 18.1% compared to the same period last year, according to a report by the National Institute of Statistics (INS).

Business Forum   |   10 December, 2024 at 3:10 PM

CEE property investments set to exceed €10 billion in 2025

The total volume of investments from six CEE countries reached €5 billion in the first three quarters of 2024, and next year the regional real estate investment market could exceed €10 billion, according to a Colliers report.

Business Forum   |   10 December, 2024 at 8:00 AM

Northern Bucharest to continue to drive resi demand

Victor Terheș, Sales Director at Bellemonde, talked to Property Forum about the status of its €40 million residential investment in northern Bucharest and the growing demand for homes in this area in the long term.

Business Forum   |   5 December, 2024 at 9:07 AM

Praktiker Real Estate buys office building in Bucharest

Praktiker Real Estate, the property company owned by Turkish investor Omer Susli, has purchased the Muntenia Business Center offices, in central Bucharest, from Longshield Investment Group for €8 million.

Business Forum   |   4 December, 2024 at 8:00 AM

CEE's investment market to see many newcomers

Real estate investment decisions in CEE are currently made considering various challenges, such as difficulty in predicting five-year exit strategies for investments, liquidity in the region, and concerns about the impact of ESG regulations on building compliance and financing, to name a few. CEE Property Forum 2024 in Vienna has taken a closer look at European investment trends in the panel chaired by Tim Wilkinson, MRICS, Head of European Acquisitions at Indotek Group.

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DRUID AI, the developer of an enterprise AI platform, has secured a $31 million Series C financing round to propel the global expansion of its agentic platform.