Romanian industrial developer Global Vision has launched a new technology and innovation division, with a strategic aim of implementing custom AI solutions across its portfolio of real estate and green energy projects.
Property Forum is excited to announce that for the first time ever, we're inviting our readers to select the winner of one of our SEE Property Forum Awards. Voting for the Real Estate Company of the Year category is open now and closes at the end of the day next Monday (23:59 on 7 October).
Homing Properties will invest €35 million in the construction of 140 villas in Pipera, near Bucharest.
Property Forum is excited to announce the shortlist of nominees for its annual SEE Property Forum Award Ceremony which celebrates the best projects, most impactful transactions and most inspiring personalities of the Romanian market. This year our team has received a record number of nominations so narrowing the list down was not an easy task. The winners will be selected soon by a jury committee comprising leading real estate professionals and the recipients will be announced at our Awards Gala on 22 October, part of our annual SEE Property Forum conference.
NEPI Rockcastle has completed the expansion works for the Shopping City Ploiești project.
iO Partners, a JLL Preferred Partner, has teamed up with Bright Spaces proptech to provide its clients with a 3D space planning tool.
The ratio of Private Equity investment value to Romania's GDP is just 0.041%, ten times lower than the similar ratio at the European level.
In the first 6 months of 2024, 68,223 new companies were registered, this being the lowest value in recent semesters, including the first semester of 2019.
PragmaGO provides financing to SMEs in the form of factoring and loans, mainly through embedded finance, unique services that are directly integrated into the ecosystem of partners.
The Romanian-German Chamber of Commerce and Industry (AHK Romania) will host the 12th edition of the Cities of Tomorrow conference on October 24-25, 2024. This year's event will be held in Oradea, in partnership with Oradea City Hall, and supported by Bihor County Council and Visit Oradea. Property Forum is the media partner for this exclusive event.
Global hospitality group Marriott International will open three new hotels in Romania in the next five years as part of a partnership with a local investor.
Romania's industrial stock totaled 7.3 million sqm during H1 2024, while new projects spanning 700,000 sqm were under various development stages, according to a report by Colliers.
NewCold, specialized in automated and cold chain international logistics, has entered the Romanian market through a 9-hectare land plot acquisition from WDP in northern Bucharest, for an undisclosed sum. The land is located close to the new A0 ring road of Bucharest.
Romanian construction group IBB Holding will issue euro-denominated bonds and list them on the Bucharest Stock Exchange, following a decision of its shareholders.
60% of Romanians believe that financial or legal sanctions would be the best measure against littering.
Germany's Garbe group, specialised in industrial investment, is looking to start operations in Romania and develop its first local projects.
Contract renewals accounted for approximately 50% of office transactions in Bucharest during H1 2024, while the total demand fell to around 160,000 sqm, according to a Colliers report.
Romanian developer Iulius is investing €40 million in the expansion of Iulius Mall Suceava that will increase the leasable area of the project to 60,000 sqm.
LSEG Romania is one of the Group's largest Technology and Operations hubs across the world, with more than 1,000 employees in Bucharest.
55% of companies managed to increase their sales in 2024 by adding new products/services, 52% by increasing investments in marketing, and 38% by opening new distribution channels.
Romania is at 34% of the EU average in innovation in 2024, and the startup success rate is not above 10%.
The AADMS Integrated Platform, with the power grid analysis and modeling modules, will be realized through European fund.
tbi reports 26% YoY growth in total assets as to the end of September 2024, reaching €1.7 billion.
The collaboration involves key activities critical to the brand's long-term success in these new markets, including identifying and selecting franchise partners.
The BeeFast SaaS platform provides real-time visibility of delivery operations through an intuitive dispatcher tailored to the specific requirements of instant deliveries.