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Articles

Opus Land increases its annual investment in Cosmopolis

Opus Land, one of the most important real estate developers active on the local market, will increase to 29 million Euros its annual investment in the development of Cosmopolis, the largest residential project in Romania after the number of existing facilities. The amount is approximately one third higher compared to the investment undertaken in 2020.

These new flats already come with an application!

Kassák Residence, a residential complex in Hungary, awaits its residents with a pioneering community mobile application, here the apartments also come with plenty of community services, of which this application is a part.

A new residential project in the Pipera area, on the former Serico industrial platform

Octavian Tănase, the owner of the furniture retailer Serico enters the residential market, by transforming into an apartment building an industrial building belonging to the former furniture manufacturer Serico in the Pipera office area, near the Oracle headquarters, according to Profit.ro.

Speedwell has signed a contract with BTDConstruct & Ambient and begins construction work for THE IVY

The construction works for the first phase THE IVY, the residential project located in Bucharest, Băneasa, are ready to start. Phase 1 of the complex comprises 2 buildings and 228 apartments, the first building to be delivered in June 2022.

Impact Developer & Contractor starts construction work on the first 406 apartments in Greenfield Teilor Băneasa

Impact Developer & Contractor signed two general contractor agreements, worth 18.4 million Euro + VAT, with Electrogrup S.A. for the construction of 406 apartments in phase IV in Greenfield. The works will start in January 2021 and will be completed in the first quarter of 2022.

A new residential project in the west of Bucharest, Preciziei area

Romanian real estate investor Liviu Tudor, who controls the real estate investment company Genesis, owner of a portfolio in the office segment, recently bought an industrial platform in western Bucharest from Inscut, a company specializing in equipment rental for the construction sector, owned by the Greek group Aktor.

Zacaria ended a good 2020 with its residential projects

Zacaria has maintained a good pace of transactions throughout 2020, despite the Covid-19 pandemic.

The increase of the VAT cap of 5% from EUR 95,000 to 140,000 euros, postponed for a year

Unexpected decision of the Government taken on December 30 that hits the real estate market hard.

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