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Articles

What kind of properties investors bought in Romania in the first quarter of 2024

Real estate investments in the first quarter of 2024 reached €205.75 million, up 33% from the same period last year, according to an analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance. The top real estate segments attracting the most investments are retail, hotels second and industrial third.

Baltisse and Straco Real Estate acquire majority stake in Speedwell

Straco Real Estate and Baltisse announce the successful acquisition of a majority stake in SPEEDWELL, a premier real estate developer based in Romania. This strategic move solidifies Baltisse and Straco’s commitment to expanding their presence in Eastern Europe, leveraging SPEEDWELL’s established reputation and expertise in the region.

Argedava Novaci invests 8 million euros in an onion storage facility

Argedava Novaci Agricultural Cooperative, which cultivates a total of 800 hectares of land in several counties around Bucharest, wants to invest 8 million euros in an onion storage and conditioning warehouse.

Maracana renews lease at MLP Bucharest West for 5,000 sqm

Maracana, a company specialising in transport, warehousing, logistics and distribution services, has renewed its lease contract for 5,000 sqm at the MLP Bucharest West logistics park.

Marelvi commits to long-term stay at MLP Bucharest West

Romania’s largest distributor of household appliances and home electronics has renewed its lease contract for more than 8,100 sqm of space at the MLP Bucharest West logistics park.

Altius Leases 5,400 Sqms in ELI Park 4

ELI Parks, one of the most active developers on the logistics and industrial real estate market in Romania, has leased a 5,400 sqm space to the animal product distribution company Altius and its affiliate company PetMart, within ELI Park 4 Bucharest.

WDP buys Romania's Doraly Expo Market

Real estate consultancy company iO Partners announces the successful closing of the sale of Expo Market Doraly to WDP. The iO Partners team advised the sellers – ARA Europe and the Romanian investor Gheorghe Iaciu, who founded Expo Market Doraly in 1993.

CEDER brings together the biggest real estate players

CIJ EUROPE, the organizer of the annual CEDER conference – one of the largest real estate conferences in Romania – brings together top professionals from the real estate industry at this year's exhibition and conference.

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