IN THE SPOTLIGHT

BRCC x RPC – REAL ESTATE CONFERENCE 2024 1920 1080 ROMANIA PROPERTY CLUB

BRCC x RPC – REAL ESTATE CONFERENCE 2024

The Romanian Diversity Chamber of Commerce (RDCC) and The British Romanian Chamber of Commerce (BRCC) are pleased to announce the Real Estate Conference 2024, set to take place on November 5th, 2024 at The Marmorosch Hotel in Bucharest.

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Timisoara shopping spree 2560 1707 ROMANIA PROPERTY CLUB

Timisoara shopping spree

The modern retail stock in Timisoara remained stable in the past 12 months, given that the city has one of the highest retail densities nationwide and also reflecting investors’ and retailers’ trust in the long-term economic strength.

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Local office market registers slowdown 720 480 ROMANIA PROPERTY CLUB

Local office market registers slowdown

The office market in Timisoara registered a slower pace, in line with the regional office markets across Romania for the past few years. The local modern stock amounts to approximately 300,000 sqm, with headline rents ranging between 13.5-15 EUR/sqm/month.

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New infrastructure updates create logistics opportunities 2560 1440 ROMANIA PROPERTY CLUB

New infrastructure updates create logistics opportunities

In Q4 2024, the new 25 km South Belt Motorway is estimated to be finalized. The final part of the Timisoara motorway, the 14 km West Belt, shall break ground soon, as the bidding process for a constructor has been completed.

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2024 Timisoara hotel market trends 2560 1669 ROMANIA PROPERTY CLUB

2024 Timisoara hotel market trends

In the last 11 years, the Timisoara hotel market grew by only 12%. The highest increase of 19% is in the “4-star” category, according to the data from Est Hospitality. The total number of hotel rooms in the local market is 2,170.

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Positive Perspectives for Timisoara – Economic overview 2560 1440 ROMANIA PROPERTY CLUB

Positive Perspectives for Timisoara – Economic overview

The thrilling success of the European Capital of Culture events generated investments in cultural infrastructure – new events space, social and educational centers in various neighborhoods, and two rehabilitated cinema multiplexes.

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VAT Romania breaks ground on the future factory for its operation in VGP Park Arad 1280 854 ROMANIA PROPERTY CLUB

VAT Romania breaks ground on the future factory for its operation in VGP Park Arad

On September 17, 2024, VAT Romania broke ground for its new factory located in VGP Park Arad, a strategic logistics hub adjacent to the A1 motorway and key European routes.

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7 Things to Consider for the Structural Safety of Your Asset 2560 1707 ROMANIA PROPERTY CLUB

7 Things to Consider for the Structural Safety of Your Asset

When developing a new building in an urban environment with neighboring structures in the influence area, it is essential to consider several important aspects related to geotechnical and structural monitoring.

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IULIUS announces the name of the urban conversion and regeneration project in Cluj-Napoca: RIVUS 1600 800 ROMANIA PROPERTY CLUB

IULIUS announces the name of the urban conversion and regeneration project in Cluj-Napoca: RIVUS

The latest urban regeneration and reconversion project proposed by IULIUS Group in Cluj-Napoca, the urban zoning plan of which was recently approved by the Local Council, will be named RIVUS.

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Decathlon brings to Coresi Brasov a new concept store 2048 1536 ROMANIA PROPERTY CLUB

Decathlon brings to Coresi Brasov a new concept store

Decathlon, the most important European sports retailer, announces the reopening of the Brasov store in a new location on Coresi platform near Coresi Shopping Resort.

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“One Day Trip”, a project by Medaru Architects, is the winner of two prestigious awards 1600 1066 ROMANIA PROPERTY CLUB

“One Day Trip”, a project by Medaru Architects, is the winner of two prestigious awards

Medaru Architects (Local Architects) and IA Interior Architects (Lead Designers) project, “One Day Trip”, was awarded on June 27, 2024. The project’s core concept revolved around the idea of “Exploring Iasi in a Day.”

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Axxis Nova Resort & Spa, first integrated concept on Romanian seaside 1600 900 ROMANIA PROPERTY CLUB

Axxis Nova Resort & Spa, first integrated concept on Romanian seaside

Located on the Black Sea frontline, in Mamaia Nord, Axxis Nova Resort & Spa represents the first integrated concept on Romanian seaside combining residential and tourism with retail amenities and a Blue Flag beach.

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