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Property Market News

Former industrial platforms in Bucharest continue to generate among the highest number of land transactions

The land market in Bucharest has remained active over the past 12 months, in terms of acquisitions made by residential, logistics and retail real estate developers by particularly targeting the former industrial platforms within the city, which provide easy access, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Local land market sees high interest, but future quarters may have reduced sales

The land market remained very active in the first half of 2023, reaching an estimated turnover of around 250 million euro. This volume includes only transactions involving land for commercial real estate projects in sectors such as residential, office, retail, without segments such as industrial or energy, reveals Colliers in its market report on the evolution of the real estate market in the first semester of this year.

Primavera Development is developing 35 villas in the Green Lake residential project, in the north of Bucharest

The real estate developer, Primavera Development, specialized in bold and architecturally distinct real estate projects, is starting the construction of a new phase of the residential project Green Lake, located in the 1st district of Bucharest, with an estimated investment of approximately 30 million euros

MetaWealth Launches $100,000 Giveaway, Making Real Estate Investing More Accessible to the General Public

MetaWealth, the leading fractional real estate investment platform, launched a $100,000 giveaway for its investors who buy a piece of the Cosmopolis and New Confort City residential property package in Bucharest. The initiative, designed to democratize real estate investing, is a continuation of MetaWealth's mission to help people build a better financial future for themselves.

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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ALEXANDRA IOANA PASCARIU

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BENCE FEDOR

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