2 apr 2015

NEPI, Immofinanz, AFI Euroe and Globalworth are now the four biggest foreign investors on Romania’s real estate market, with the four groups having assets worth EUR3.3 billion in their portfolio, more

26 mar 2015

German-held retailer Kaufland, present in Romania for one decade, is set to open a new store in Bucharest, in Ferentari, on the land plot of the former Fapiro plant. more

26 mar 2015

Austrian group S Immo, owner of the Sun Plaza shopping center in southern Bucharest, plans to expand the mall in the space previously occupied by a Mobexpert store that was shut down in the summer of more

25 mar 2015

Immochan, the real estate arm of Auchan group, will open shopping center Coresi on Brasov’s Tractorul platform this Friday in the wake of investments worth EUR60 million. Tatian Diaconu, the 37-year more

25 mar 2015

Businessman Florin Pogonaru’s family, which plans to develop a shopping center called Veranda on a 4.5-ha land plot close to Bucharest’s Piata Obor, launched the auction for the selection of a more

23 mar 2015

Dedeman, the biggest Romanian-held do-it-yourself retailer, reported revenue of EUR767 million in 2014, up 26% on the year, and Dragos Paval, the company’s president and majority stakeholder, more

23 mar 2015

Austria’s Strabag, which has become the biggest player on Romania’s construction market, will raise the first two buildings of office project Oregon Park of northern Bucharest, an investment more

19 mar 2015

South-African investment fund NEPI, the biggest investor in Romanian real estate, hired Sebastian Mahu, the head of property management department at real estate consultancy DTZ Echinox, to serve as more

18 mar 2015

Real estate market players expect 2015 to be the best year after the crisis by the number of new projects, deals, gained investors, funding or rental contracts. Ziarul Financiar has pinpointed ten more

16 mar 2015

Some of the major real estate consultancy firms, hard hit by the crisis that shook the sector six or seven years ago, are now expanding their teams as the market is thawing up and the range of more

16 mar 2015

Czech Republic-based debt recovery specialist APS that bought a large chunk of the non-performing loan portfolio of Austria’s Volksbank’s subsidiary in Romania last summer has also become a more

13 mar 2015

The ten largest owners of retail spaces in Romania hold together about 1.8 million square meters of malls, retail parks and shopping galleries, which can be valued at about EUR3 billion, according to more

4 mar 2015

The office stock outside Bucharest will rise by around 100,000 square meters this year, on a par with deliveries expected in Bucharest. more

2 mar 2015

Businessman Marius Ivan, founder of construction materials producers Dufa and Henkel Bautechnik and developer of office building North Gate, this winter closed down Piata Pipera he opened in 2012 and more

27 feb 2015

The vacancy rate of the office buildings in Bucharest dropped towards 13% to 14% last year, but about 300,000 square meters are still empty, which translates into some EUR100,000 per day or EUR35 more

26 feb 2015

Romanian DIY retailer Dedeman, controlled by brothers Adrian and Dragos Paval, is the fifth biggest player in Central and Eastern Europe in this field, with a 1.2% share of a total market valued at more

26 feb 2015

Spanish-held group Hercesa, which has invested around EUR150 million in Romania over the past decade to buy land, develop housing compound Vivenda and rebuild Cismigiu hotel, plans to resume more

24 feb 2015

US group Oracle, one of the biggest players on Romania’s IT market, rented 10,400 square meters in Sky Tower of northern Bucharest, a space where offices for around 1,000 employees can be fitted, more

23 feb 2015

Vastint Romania, the real estate arm of Inter IKEA, has started work on office buildings on the former site of the Timpuri Noi plant and is looking at other potential acquisition targets as land price more

20 feb 2015

Spanish Gran Via group will complete work on two buildings with 170 apartments, part of the Timisoara 58 complex in the west of Bucharest, in May. more

18 feb 2015

Britain’s Kingfisher, which owns Bricostore and Brico Depot stores in Romania, forged a partnership with German group Metro to open some temporary warehouses in the spaces of the cash&carry network, more

16 feb 2015

Stores in Baneasa shopping center saw sales stall at EUR205 million last year amid stable traffic, Georgios Argentopoulos, the chief executive officer of Baneasa Developments, the company through more

12 feb 2015

Do-it-yourself retailer Dedeman, a company founded by Romanian entrepreneurs Adrian and Dragos Paval, wants to stake its flag next to the IKEA store in northern Bucharest. Dedeman is about to buy an more

11 feb 2015

Romania is the country where the authorities are unable or do not know how to develop the infrastructure as fast as private investors would need it, so they are taking matters into their own hands and more

10 feb 2015

Asking prices for old three-room apartments in Bucharest rose by around 2% in the first month of this year, after owners hiked prices particularly in the better areas of the city, such as 1 Mai, 13 more