The transaction price amounted to 12.3 million euros.

Skyrocketing prices for building materials and falling demand for residential units are putting pressure in the market.

The tender is scheduled in the beginning of 2023 with the an initial cost estimated at around €250 million.

The State counselors noted that due to the new uses that are expected to attract a large volume of visitors it is necessary to prepare a new traffic study

HRADF's tender process for the development of the property takes place in a single phase.

The local Fitbit hub, located near Victoriei Square, is Google's largest development center for wearables in EMEA.

Seven five-star hotels, with a total investment reaching millions of euros have been added to the city's potential in recent years, especially after 2017.

The housing market has slowed markedly in recent months as the Fed has sharply raised interest rates.

The scheme has a total budget of €1.74 billion available.

The transaction amounted to €10.96 million and it has been financed through funds from Noval Property’s Green Bond.