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Residential Market News

Geometrik Build to invest €20 million in residential project in Constanța

Real estate developer Geometrik Build will invest €20 million in its first large-scale residential project located in southern Constanța.

Core Timpuri Noi, the residential complex with the most electric charging stations in Bucharest

Prima Development Group announces the inclusion of a network of electric charging stations in the Core Timpuri Noi residential project, which it is currently developing in the Timpuri Noi area of ​​the Capital.

Bog’Art launches Art City during Romanian Design Week

Bog’Art started the development of Art City, a real estate project with a value of EUR 20 million, which will include 141 apartments, 500 square meters of commercial spaces and 180 parking spaces, which will be delivered in October 2022.

New gourmet market concept at One Herăstrău Towers, in partnership with Le Manoir

One United Properties, one of the key players on the real estate market, signed a partnership with Cristian Preotu, the owner of Le Manoir, for the opening of a new gourmet market concept within the exclusive One Herăstrău Towers project.

Gran Via Real Estate completed the sales for the last apartments within Timișoara 58 project

Gran Via Real Estate announces the completion of sales for the last 300 apartments within the Timișoara 58 project, also marking the end of this project’s development, on a land of 3.2 hectares, former Frigocom platform, at the crossroad of Timișoara and Moinești streets, 15 minutes from Gorjului Metro Station in Bucharest.

One United Properties appoints Claudio Cisullo as Chairman of the Board of Directors

One United Properties, a leading green developer of residential, mixed-use and office real estate in Bucharest, announces the election of Claudio Cisullo as Chairman of the Board of Directors starting with May 20th.

Vox Property Group contracts a financing of EUR 19.5 million from CEC Bank

Vox Property Group, one of the main real estate developers in the western part of Romania, contracted a financing of EUR 19.5 million from CEC Bank.

The average price in the residential sector, increases of 5-10% in 2021

Since the beginning of the COVID-19 pandemic, sellers in Romania have been more reluctant to put their properties on the market, waiting to see how the economic situation, determined by the crisis, will turn out. RE / MAX Romania specialists estimate that this trend will be maintained throughout 2021.

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