26 aug 2015

Companies in the central city of Brasov posted total revenue of 37 billion lei in 2014, or 3% of the economy, turning the city into a regional economic hub, according to ZF analysis based on a survey more

26 aug 2015

Jon Garrison steeped down as financial head of cable TV and telecom operator UPC Romania and joined US group Liberty Global, the company’s owner, sources on the market told ZF. more

24 aug 2015

Germany real estate asset management company GLL Real Estate Partners, which owns Charles de Gaulle Plaza in Bucharest, a landmark among the business centers in Romania’s capital city, is one step more

24 aug 2015

The development strategy of NEPI, the largest real estate investor in Romania with more than EUR1.7 billion assets, will continue to focus on the retail area, which already accounts for 80% of the more

21 aug 2015

Romanian cities of Timisoara, Ploiesti and Brasov, three of the most powerful cities in local economy, attracted the largest transactions with industrial spaces in the first semester, at over 70,000 more

21 aug 2015

Although Bucharest holds half of the 2 million square meter industrial space stock in Romania, none of the five largest transactions in this sector in the first half involved space in the city. more

19 aug 2015

Romania’s modern retail stock exceeded three million square meters threshold in the first half of 2015, upon the inauguration of two new shopping centers with a total leased area of 117,000 square more

19 aug 2015

Eight major Romanian-held builders, whose cumulated revenue would reach about 3.6 billion lei (EUR814 million) in their heyday, have gone insolvent in the past three years, given the 40% decline of more

19 aug 2015

Martin Slabbert, the South African who resigned as CEO of investment fund NEPI two weeks ago, says he will launch a new investment fund-type company together with his partner Victor Semionov in the more

18 aug 2015

The five malls businessman Iulian Dascalu owns in Romania generated about 250 million lei (EUR56 million) revenue last year. The most profitable of them were the Iulius Malls in Timisoara and more

14 aug 2015

The year 2015 appears to be the most productive after 2011 in terms of new office space deliveries, with about 154,000 square meters (enough to accommodate 15,000 people) set to open by the end of the more

12 aug 2015

The average asking price of old three-room apartments in Bucharest reached some EUR76,250 in July, the same as in January this year, according to the real estate index compiled by ZF and real estate more

6 aug 2015

Spanish-held Gran Via group, which developed the Timisoara 58 residential complex in western Bucharest, has recently bought an over 9,600 square meter plot of land from Lidl retail chain, part of the more

3 aug 2015

Bucharest and Ilfov County accounted for over 25% of the new homes completed in Romania in the first quarter, compared with 18% in the year-ago period, according to a ZF analysis based on National more

29 iul 2015

Private sector companies are losing competitiveness, real estate assets stay frozen and cannot be sold, wages cannot be raised because of increasing costs and the entire local business sector is more

27 iul 2015

The higher sales and visitors of Romania’s retailers in AFI shopping malls on the local market during the first half of 2015 is a sign of economic revival, according to David Hay, CEO with the more

21 iul 2015

The Romanian real estate and retail sectors are seen on positive trend, according to Affan Yildirim, the new general manager of Turkey’s Anchor Grup, the developer thus starting several investments more

17 iul 2015

Ireland’s CRH forecasts total revenue of EUR230 million in Romania after the takeover of French construction materials manufacturer Lafarge’s local plants. CHR explained the decision to enter the more

16 iul 2015

Swiss cement groups Holcim and French construction materials manufacturer Lafarge completed the merger and listed as LafargeHolcim Wednesday on SIX Swiss Exchange in Zürich and Euronext in Paris. more

13 iul 2015

Real estate developer Forte Partners, founded by three businessmen - Geo Margescu, Ionut Dumitrescu and Johny Jabra, is preparing about EUR70 million investments in two office projects in Bucharest, more

10 iul 2015

The central-western part of Bucharest, which includes the Orhideelor area, the Basarab Overpass and the areas around the Grozavesti, Petrache Poenaru and Politehnica subway stations, is shaping up more

8 iul 2015

Sky Tower, the tallest building in the country, will be fully rented by the end of the year, says Ruxandra Grinzeanu, managing director of Raiffeisen Property Romania, the owner of the building. more

7 iul 2015

Cluj-Napoca (NW Romania), one of the major cities of Romania other than Bucharest, will see its office space stock reach 229,000 square meters this year, an increase of 23% on 2014. more

2 iul 2015

Builders Spedition UMB and Tehnostrade, of Bacau-based businessman Dorinel Umbrarescu, ended 2014 with 529 million lei (EUR118 million) revenue, 35% lower than in 2013. more

26 iun 2015

The construction industry in Romania has entered a new cycle of growth, albeit slight, because of private sector investment. However, public construction projects are the ones that can induce a steady more