Albotă Law Firm has assisted Atenor, a Belgian-based urban real estate developer company listed on the Euronext Brussels market, with the agreement for the sale of Hermes Business Campus, a 75,000 sqm office campus located in the heart of Dimitrie...more »

The volume of leasing transactions on the Bucharest office market increased in the first quarter of 2021 to 48,000 square meters, a 9% decrease from the similar period of the previous year, when the Covid-19 pandemic was still on its early stages i...more »

The local industrial and logistic market started 2021 on a positive trend, the transactional volume in the first three months of the year reaching almost 200,000 square meters, double compared to the similar period of the previous year, according t...more »

River Development, the developer of the two integrated and multi-functional projects - Sema Parc and The Light, signed the transaction for the sale of The Light One building to the investor UNIQA Real Estate GmbH today. River Development and UNIQA...more »

The modern retail map of Romania is completing county by county, while real estate developers have delivered in the last year the first modern retail projects in four counties that were not covered yet, namely Dâmbovița, Covasna, Harghita and Că...more »

IMMOFINANZ bought the Bucharest Financial Plaza office building, located close to the historic center of Bucharest. The property was sold by Banca Comercială Română, a subsidiary of Erste Group Bank in Austria. The building, with a total leasabl...more »

Commercial real estate players in Romania will be inclined to conclude contracts for shorter periodsthan before the pandemic, as almost 80% of owners, developers and investors in this field consider contractual adjustments and flexibility to be the...more »

XXXLutz has leased 6.000 sqm in WDP’s A-class warehouse in Dragomiresti, North-West of Bucharest’s RingRoad, space that will optimise the supply of its stores XXXLutz Militari and Pallady. The transaction was brokered by Dunwell, the only real ...more »

Real estate agencies have brokered more than 650.000 sqm of warehousing spaces during last year, althroughout Romania. Most of the contracts were new leases, which is very positive for a pretty atypycal year from a commercial perspective.  &nb...more »

River Development, the developer of the two integrated andmixed-use projects - Sema Parc and The Light, launches today the new brand identity for its project - Sema Parc, currently under development. The change of brand image comes as a result of a...more »