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Property Market News

SVN Romania expands across borders and plans 15 new offices

Real estate consultant SVN Romania expanded its activity across borders by launching the SVN Overseas division, which offers consultancy and brokerage services for dozens of residential projects, of which about 20 exclusively for Romanian buyers. In addition, the company plans to expand in Romania through 15 new regional offices in the main regional economic centres but also in Bucharest and its surroundings.

RIVER DEVELOPMENT becomes SEMA Real Estate

The local real estate developer and investor River Development announces the transformation of its current brand, River Development, into SEMA Real Estate. River Development represented the identity of the developer for more than 20 years and supported the image of a prominent player on the real estate market in Romania. The rebranding marks a new stage for the company, reflects its natural evolution and brings more clarity to defining the communication pillars of our projects in the portfolio and in strengthening the brand positioning in the market.

ROENEF, together with ING Bank Romania and local authorities, launches a national project dedicated to promoting energy efficiency in buildings

The Association for the Promotion of Energy Efficiency in Buildings (ROENEF) announces the launch of the "ROENEF Caravan", a project aimed at promoting energy efficiency in buildings and raising awareness among the population about the benefits of energy efficiency in housing, both economically, environmentally and health-wise.

One United Properties proposes share consolidation at a 50:1 ratio

One United Properties (BVB: ONE), Romania's leading green developer of residential, mixed-use, and office real estate, announces that its Board of Directors has approved a proposal to consolidate the number of the company's shares. The consolidation will be carried out at a ratio of 50 shares to 1. This proposal, aimed at reducing the number of shares, decreasing share price volatility, and contributing to long-term shareholder value, will be voted on by the company's shareholders at the upcoming General Meeting of Shareholders, to be held on October 10th, 2024.

Interview

PropTech will completely transform the way real estate works today

An interview with VINCENT VALLOIS MRICS, co-founder of Online Real Assets, the first real estate start-up hub in Central and Eastern Europe.

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