Category: Construction/Real Estate

MetaWealth expands to Spain, where it launches its fourth real estate asset, worth $3.5 million

MetaWealth expands to Spain, where it launches its fourth real estate asset, worth $3.5 million

MetaWealth, the most important fractional real estate investment platform, expands in Spain and launches the fourth asset in the portfolio. In less than a year after the release, the company successfully completed the sale of the first three assets in Bucharest. The new real estate asset made available to clients through the app consists of a selection of seven premium […]

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CBRE Report: Romania’s Retail Market Thrives. Sales and Traffic Figures Surpass Pre-Pandemic Levels

CBRE Report: Romania’s Retail Market Thrives. Sales and Traffic Figures Surpass Pre-Pandemic Levels

CBRE, the global and national leader in commercial real estate services and investments, reveals that despite many challenges faced by the retail market the industry shows a great evolution. Sales and traffic figures registered in the first half of 2023 are higher than the similar period of 2019, considered the best year for retail in Romania, according to the Turnover […]

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

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. The company’s offer, valid until […]

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Genesis Property: Siemens S.R.L. will reach 20 years of occupancy in West Gate Business District with a new 5-year lease extension

Genesis Property: Siemens S.R.L. will reach 20 years of occupancy in West Gate Business District with a new 5-year lease extension

Siemens S.R.L., the local subsidiary of the world-renowned German technology group, has agreed to extend its existing lease with Genesis Property, thus securing its presence in West Gate Business District for the next five years. This significant contract extension underlines the importance and long-term benefits of the solid and sustainable collaboration with Genesis Property and serves as recognition by Siemens […]

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Globalworth signs the largest new rental contract this year in Romania with eMAG, CEE’s ecommerce leader

Globalworth signs the largest new rental contract this year in Romania with eMAG, CEE’s ecommerce leader

Globalworth, the leading office investor in Central and Eastern Europe (CEE) and the leader of the Romanian office market, announces that it has signed an agreement with eMAG, CEE’s ecommerce shopping destination, to set up its headquarters as a tenant in the state-of-the-art building Globalworth Square in Bucharest, one of the highest-ranked buildings in Globalworth`s portfolio. The newly signed deal […]

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Romania leads the world in tokenizing Real Estate

Romania leads the world in tokenizing Real Estate

MetaWealth, the Fintech startup with offices in Bucharest, Dublin and Toronto, has sold its first real estate asset to 153 retail investors from Romania, Cyprus, Austria, Switzerland, the UK, Denmark, Belgium, the Netherlands, the Czech Republic, Canada, Sweden, and Greece, for a combined value of USD 2.14 million. The sale, achieved in record time since MetaWealth first launched across the […]

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Playtika Romania renews contract for its “Playground” in Vastint Romania’s Timpuri Noi Square office project, advised by CBRE

Playtika Romania renews contract for its “Playground” in Vastint Romania’s Timpuri Noi Square office project, advised by CBRE

CBRE, the leader of the real estate consultancy market, assisted Playtika Romania (Playtika), a mobile gaming entertainment and technology market leader, in determining the most efficient real estate strategy in terms of operations and cost efficiency. The consultancy firm performed a complex analysis and provided relevant data that considered all the suitable alternatives in the market and studied the group’s […]

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CBRE advises CA Immo on the sale of its Romanian office platform  in the biggest commercial transaction in Romania

CBRE advises CA Immo on the sale of its Romanian office platform in the biggest commercial transaction in Romania

Global real estate advisor, CBRE, has advised CA Immo on the sale of its Romanian office platform to Pavăl Holding. The portfolio is comprised of seven high-quality office properties located in Bucharest, as well as the highly experienced Romanian management team. Its acquisition makes Pavăl Holding the city’s second-largest office landlord. “We are very happy to see that the Romanian […]

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CBRE: 10 High-Impact Moves to Reduce Total Cost of Occupancy

CBRE: 10 High-Impact Moves to Reduce Total Cost of Occupancy

In the current economic context, marked by rising inflation, low sources of capital, but also by multiple business challenges, CBRE specialists come up with recommendations and suggest companies 10 initiatives to reduce expenses/costs with office spaces. “We are living through a challenging economic period, marked by uncertainty and an increasing cost of living. Beside the impact of inflation felt at […]

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CBRE: Workplace management and change management processes, increasingly demanded by multinational companies

CBRE: Workplace management and change management processes, increasingly demanded by multinational companies

The new working trends are not new anymore. Office as a destination, hybrid work, social offices, tech for inclusive set-ups and ESG requirements have identified themselves as stable trends and have a significant impact in the workplace and change management processes that majority of companies go through nowadays, according to CBRE Romania, the leader of the real estate consultancy market. […]

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CBRE: Office vacancy is at a record high, amid a shortage of new office buildings

CBRE: Office vacancy is at a record high, amid a shortage of new office buildings

At the end of the third quarter of 2022, Bucharest modern office stock reached 3.30 mln. sq m, registering only 5 office projects delivered in the first nine months of this year. By the end of the current year, just one additional project is estimated to be completed, making 2022 a particularly record year, with the lowest number of office […]

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CBRE: With 25,000 sq m lettable area and almost 60% corporate clients, the self storage market is a new go to in Romania

CBRE: With 25,000 sq m lettable area and almost 60% corporate clients, the self storage market is a new go to in Romania

The Romanian self storage market has identified itself as a stable market reaching 25,000 rentable sq m in 2022, which represents 0.2% share of total Europe area, according to the European Self Storage Industry research special report, launched by CBRE, the leader of the real estate consultancy market. As of 31 March 2022, 43% of the lettable area is occupied, […]

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