Cluj County has become a landmark in the region in terms of economic and real estate development
investors’ interest has also extended to nearby cities
according to real estate consultancy CBRE Romania
and CBRE has obtained an exclusive mandate to develop the retail and industrial area
The land is located in the north of Ocna Mures
on the site of the former Soda Factory in Ocna Mures
the newest salt bath treatment facility is also being built and will be completed by next year
a recreational area is scheduled to be set up nearby
“The future project in Ocna Mures is an investment-competitive alternative to cities such as Turda, Cluj-Napoca or Targu Mures, considering its location, only 8 km away from the A10 motorway junction and about 50 km away from Cluj-Napoca, as well as the existing infrastructure and utilities available,” said Valentin Popescu, senior consultant within the Land Development department of CBRE Romania.
The land comprises a total area of 26 ha and a for part of it
CBRE Romania is negotiating with several food operators
since modern retail in Ocna Mures is currently poorly developed
Ion Dinu and Valentin Popescu joined the CBRE team in April
respectively 5 years of experience in developing projects in the retail
Enlarging the CBRE Land Development team is part of the company’s strategy to provide investors and developers with an integrated product portfolio
implemented together with the retail department
as well as with office and industrial space
About one million square meters of land were traded on the Romanian market in the first half of 2019, only 33 percent of this area being located in Bucharest, according to the most recent CBRE Research report. Investors were mainly interested in land for industrial (49 percent of the traded area) and retail (45 percent of the total area) developments.
retail developers invested about EUR 45 million in the purchase of a total area of 460,000 sqm
the most representative transaction being the acquisition by Auchan of a 220,000 sqm land in Resita
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With a stated goal of doubling the number of Romanian cities by 1990
the program consisted of rural resettlement and the demolition of whole ways of life
What is left is a landscape of concrete apartment buildings and abandoned factories.
Since 2011, Hungarian photographer Tamas Dezso, who has photographed for Time and the New York Times
traveled to Romania to capture the crumbling structures left behind by the communist regime and the disappearing culture and people of Romania’s villages
Because the majority of Romanians have fled the country looking for work
only a few people are left in the villages.
“I began photographing the scenes of a world irreversibly decaying, the transformation of a Balkan country surviving the region’s hardest dictatorship,” Dezso wrote for Lensa Magazine
The collection, called “Epilogue,” is currently on display at the Robert Koch Gallery in San Francisco until November 2