23 iun 2011

Defense Minister Gabriel Oprea and Regional Development and Tourism Minister Elena Udrea are the richest officials in the Boc Cabinet, with a wealth of over EUR2 million each, at least 20 times larger more

20 iun 2011

Billionaire Gabriel Popoviciu, who controls mega real estate project Baneasa in northern Bucharest, is preparing the opening of Oradea Shopping City mall this autumn, with a new manager, Bogdan more

20 iun 2011

Rental contracts signed in a number of Bucharest office projects, such as S-Park, Victoria Park, West Gate Park, Novo Park and Anchor Plaza, are set to expire next year, as most of the space in these more

17 iun 2011

The Greek banks on the local market--Bancpost, Alpha, Piraeus and Banca Romaneasca--have fed at least EUR1 billion into some of the most important real state projects carried out in Romania over the more

16 iun 2011

Israeli group GTC has again confirmed the opening of Arad’s Galleria mall this autumn, the city’s third shopping center, which will boast Spanish group Inditex as a tenant. The opening of a new more

14 iun 2011

This autumn is set to be much more “prolific” in terms of shopping center openings compared with 2010, as projects totaling 250,000 square meters and almost half a billion euro in investments are more

13 iun 2011

Bucharest’s bankrupt shopping center City Mall failed again to find a buyer at the fourth auction scheduled at the end of last week. more

10 iun 2011

Greek-born businessman Panico Panayi, the sole shareholder in Nova Imobiliare, which develops the Colosseum shopping center near Bucharest, has no experience in mall development, but says that "as the more

10 iun 2011

Banca Romaneasca, the domestic subsidiary of the National Bank of Greece, rented 3,250 square meters in the Euro Tower office building, located at the intersection of Barbu Vacarescu and Lacul Tei more

9 iun 2011

Apartments in Romania are still less affordable than in other countries in the region, reveals a regional survey by UniCredit. The only place where it is harder to buy a home is Russia. more

8 iun 2011

For at least eight law firms operating on the Romanian market, the first two years of crisis were an opportunity to increase revenue compared to 2008, the year seen as the peak of the local economy, more

6 iun 2011

Ambient Sibiu, one of the biggest Romanian businesses in retail and distribution of construction materials, even considered insolvency following the collapse of sales and the losses it posted in 2009, more