occupancy rate

While the average hotel occupancy level across the CEE-6 capitals – including Bucharest, Bratislava, Budapest, Prague, Sofia, and Warsaw – in 2023 lagged 2019 by 9%, the ADR surpassed it by 23%, resulting in a 12% RevPAR growth, according…

The occupancy of Bucharest hotels increased by 33% in the first quarter compared with the same period of the last year, and remains about 5% below the 2019 level. When compared to other cities across the CEE-6 region, Bucharest recorded the…

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,…

Timpuri Noi Square, Vastint Romania’s first project, reaches an occupancy rate of 90% within the 3 buildings situated in Bucharest, leasing more than 47.000 m², and welcomes since last year tenants like Bolt (formerly Taxify), Allergan,…

IMMOFINANZ’s portfolio concentration on office and retail properties and the clear brand policy are producing sustainable success: The occupancy rate in the standing investment portfolio continued to improve in 2018 and, at 95.8%, reached a…

  Clothing retailer Bershka, part of Spanish Inditex group, will open the largest store in the CEE in AFI Palace Cotroceni in Bucharest, a press release announces. This comes after the opening of the largest P&C in Romania (5,200…

The British real estate developer Portland Trust is approaching 80 percent occupancy of Oregon Park buildings A and B, which consists the first phase of the project’s development, a press release informs. The two buildings have a…

AFI Europe registered in Q1 2017 a net operating income (NOI) of EUR 12.2 million in Romania; representing an increase of 12.7 percent compared to the same period in 2016, as a press release informs. “The excellent financial results and…

The local subsidiary of Israeli’s AFI Europe posted a Net Operating Income (NOI) of more than EUR 46 million during 2016, up by 15.5 percent in year-on-year comparison, a press release informs. In Q4 2016 the NOI generated was EUR 12.5 mil,…

West Gate business park, situated in the West of Bucharest, owned by Genesis Development, signs the fifth consecutive expansion of Societe Generale European Business Services (SG EBS) in two of the five office buildings, a press release…