Investors from Austria, the Czech Republic and Hungary are at the top of those who chose commercial real estate properties in Romania in 2021 with approximately a third of the acquisitions, shows an analysis made by Fortim, member of BNP Paribas Real Estate Alliance.Thus, last year, the Austrian companies bought in Romania real estate assets (offices and retail space) worth 323 million euro, while investors from the Czech Republic invested 173 million euro and those from Hungary 150 million euro. Fourth in the top are domestic investors, through companies with Romanian shareholders which acquired real estate assets worth 119.55 million euro. Among the big Romanian investors who compared to foreign investor are Dedeman and the company One United Properties. For this year, an investment fund from the Czech Republic analyses the development of a new project, worth some tens of thousands of square metres of offices in Bucharest, in the central area, say the analysis makers.According to the quoted source, at the level of Europe, in the spring of 2020, the majority of foreign investors postponed their transactions until Europe reopened. During the whole year, until Q1 2021 foreign investments dropped by 38% against the same period of 2020, but later the situation improved.Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance in Romania is a company for real estate consultancy set up in 2002.
The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
