Bucharest land market in 2017: Deals worth EUR 110 mln made by Romanian developers

The land market in Bucharest soared by 69% to EUR 216 million in 2017 year-on-year, with deals comprising 116 hectares, according to data by Cushman & Wakefield Echinox, the real estate consultancy, who says this is a record in the last decade.
“We expect that in 2018, the lands of other big former plants such as Griro, Helitube and Aversa, that have around 10 hectares of each to enter in the real estate circuit for the development of residential, retail or mixed-use projects, including an office component,” said Alexandru Mitrache, Head of Land Development. Read more on www.business-review.eu