Four companies that sell furniture have rented sales spaces on the ground floor of office buildings in the northern area of Bucharest, the total area exceeding 10,000 sqm.
Romanian investors have bought office buildings, hotels in smaller towns or mountain resorts, two small shopping centers and portfolios of shops on the street.
KÉSZ Romania obtained the building permit for the Corallis residential complex, the first project in the capital, in which it is investing over €51 million.
The top real estate segments attracting the most investments are retail, hotels second and industrial third.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.
AI boom could further threaten 2050 decarbonization commitments unless used responsibly and scaled to its full potential as a lever of achieving net zero.
The project covers an area of 8,500 m2 of land and has approximately 47,000 m2 built, including the underground, and each of the three buildings has a height of S+P+10E+Duplex.
Project will be co-financed from an EU program run by the Romanian Ministry of Energy.