Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Real Estate: Residential real estate transactions of EUR...

Real Estate: Residential real estate transactions of EUR 210 million in H1 2024 reported by VAUNT

October 30, 2024

VAUNT, the sales management platform dedicated to residential developers, which also develops a marketplace for investors interested in buying apartments in Europe, reported client transactions of around EUR 210 million in the first months of the year. More than 70 clients manage over 20,000 properties for sale or rent through VAUNT, in addition to those already sold in the tech startup’s 3 years of operation. VAUNT facilitates the sales process for real estate developers through a series of modules it provides for lead management, marketing campaigns, closing contracts, transaction tracking and more.   In the first 6 months of the year, 14 new Romanian residential developers started using VAUNT. In total, VAUNT customers manage over 20,000 units on the platform. The most important trends of this half of the year, according to data aggregated by VAUNT, indicate: Buyer’s preference for 2-room apartments Fewer but more valuable transactions – the average value of a transaction being approx. EUR 115,800 The development of the city of Constanta as the next real estate hub, both for the residential market and for the other verticals The third quarter comes with positive results for VAUNT and its partners, who managed through the platform properties sold with approximately EUR 103 million in transactions. VAUNT aims to expand its client portfolio both in Romania and in the region. VAUNT Market emerged in a context where the local and regional markets have not yet fully stabilized, but the potential for return on investment is high. VAUNT Market is a marketplace for properties in Europe, which also comes with know-how and support for those interested in purchasing one of the apartments curated by the VAUNT team. Interested investors currently have the option to sign up for a waiting list. After the marketplace is officially launched they will benefit from access to European properties, as well as advice on the purchase of an apartment.   “Romania’s entry into the OECD brings benefits for the residential market. It will show that we are a stable country from an investment point of view, we will enter economic statistics, we will become much more attractive for new projects both residential and commercial or mixed.” – Irina Constantin, CEO & Co-founder at VAUNT.

Read in full - click here
June Communications strengthens its management structure. Bianca Caragea appointed as Operations Manager

The agency plans to expand its team and reach a turnover of EUR 450,000 by year-end. June Communications (JUNE), a business-to-business PR and integrated communications agency, has appointed Bianca Caragea as its new Operations Manager. The step strengthens the agency’s management team as it enters a new stage of growth after seven years of sustained […]

Western Romania: Babeș-Bolyai University establishes endowment fund

The Babeș-Bolyai University of Cluj-Napoca (UBB) has established an endowment fund, which the institution described as a "strategic" financial mechanism aimed at supporting academic excellence and ensuring the long-term sustainability of university projects. The initiative is a first of its kind in the local academia, UBB said. The endowment fund involves attracting donations/financial resources and […]

Romanian authorities reportedly mulling access fee for the Transfăgărășan mountain road

Romanian authorities are reportedly considering imposing an access fee for the Transfăgărășan mountain road. The funds would be used for setting up decent parking areas, selecting merchants, and similar initiatives.  The beautiful, winding road is one of the most visited tourist attractions in the country. Local authorities say the funds from an eventual toll would […]

J Balvin to perform in Dubai for first time at Untold Festival

Colombian reggaeton superstar J Balvin will perform in Dubai for the first time this November, headlining Untold, the globally recognized festival born in Romania. The event will take place from November 6 to 9 at Dubai Parks and Resorts, featuring more than 100 international acts across five stages.  The festival is staged in partnership with […]

Over 17% of Romanians faced severe material deprivation in 2024, Eurostat says

More than 17% of Romania’s population faced severe material and social deprivation last year, which was one of the highest shares in the EU, according to the statistical bureau of the European Union - Eurostat.  In 2024, 6.4% of people in the European Union faced severe material and social deprivation, a slight decrease compared to […]

Animal rights march to take place in Bucharest in October

The Freedom and Respect for Every Earthling association will hold the March for Animal Rights in Bucharest on October 4, to mark International Animal Day. The march will start at 11 AM at the National Theater Park, and will go on to Piața Victoriei. Organizers say they aim to bring to the forefront the suffering […]