27 nov 2014

Austria’s CA Immo, which sold EUR130-140 million worth of properties this year in Romania, plans to start works on an office project in Orhideea area next spring, a EUR70 million investment more

26 nov 2014

Real estate company GTC, which developed in Bucharest projects such as America House of Piata Victoriei or City Gate towers of Piata Presei, considers acquiring three office buildings in Bucharest, more

25 nov 2014

Romanian businessman Dragos Bilteanu, who has become one of the biggest investors in the regional investment funds (SIFs) over the last few years, has sold to South Africa’s NEPI (NEP.RO) the more

20 nov 2014

Portugal’s Sonae Sierra and Ireland’s Caelum Development have chosen the builder of the ParkLake Plaza shopping mall in Titan district in eastern Bucharest, which has been installing cranes over more

19 nov 2014

The total revenue of six of the biggest players on the Romanian DIY market--Dedeman, Ambient, Bricostore, Praktiker, Hornbach and Leroy Merlin--rose by 11.8% in the first half of this year, to 2.38 more

19 nov 2014

Vitalis Consulting, founded and run since 2006 by construction engineer Florin Popa, has sealed its first contract abroad and has been involved since this summer in the construction of two hotels with more

17 nov 2014

Weight loss surgery hospital Ponderas will move from the Dristor area of Bucharest to Art Business Center office building on Nicolae Caramfil Street in the north of the city early next year, where it more

17 nov 2014

After buying the operations of German group Praktiker in Romania earlier this year, Turkish-born businessman Omer Susli wants to buy the spaces where the stores operate. more

13 nov 2014

Uniqa Real Estate Management, the company that manages the real estate portfolio of Austrian insurance group Uniqa, is trying to reposition the Floreasca Tower office building in northern Bucharest, more

12 nov 2014

Asking prices of old 3-room apartments in Bucharest dropped in October by 1.8%, or EUR1,350, to EUR74,500, according to ZF Real Estate Index compiled in partnership with real estate consultancy more

11 nov 2014

German-held do-it-yourself retailer Hornbach will open a new store in Sibiu in the first half of next year, where it bought an about three-hectare plot and the space that previously housed an OBI more

7 nov 2014

On an area of less than one km around subway station Aurel Vlaicu, real estate investors have erected and continue to develop office buildings where 40,000 people may eventually work. Two of the more

6 nov 2014

DIY company Dedeman, controlled by brothers Adrian and Dragos Paval of Bacau, in the first six months of this year registered revenue worth 1.35 billion lei (around EUR304 million), up 27% against the more

4 nov 2014

Renault Technology Roumanie (RTR), Vodafone and Orange rented the biggest office spaces in Bucharest in the first nine months of the year, on a market where developers continue to deliver new more

29 oct 2014

The number of residential construction permits rose by 35% to 4,721 in Bucharest-Ilfov region in the first nine months of the year, while witnessing a slight decline of 0.2% to 29,000 countrywide. more

29 oct 2014

Germany’s Deutsche Bahn, which this summer decided to develop a shared service center for the financial departments of several subsidiaries of its DB Schenker unit, set out to take the number more

29 oct 2014

Germany’s DIY retailer Hornbach, which owns five stores in Romania, is still seeking to expand in large cities, as it is currently present only in capital Bucharest (with three stores), Brasov and more

28 oct 2014

Impact Developer & Contractor (IMP.RO), a real estate company controlled by businessman Gheorghe Iaciu, has built nine five-story apartment buildings in the Greenfield residential complex in Baneasa, more

27 oct 2014

A developer controlled by communications company Radcom will complete a 35-apartment building on Polona Street in downtown Bucharest next May, for which it got a EUR2.27 million loan from Intesa San more

23 oct 2014

Mega Image retail chain is about to open a store in the center of Bucharest, in a space previously occupied by one of the symbols of communist retail, the Eva fashion store on Magheru Boulevard, more

23 oct 2014

The shopping center stock in Bucharest (malls, retail parks and shopping galleries) will reach one million square meter lettable area next year, sixteen years after the opening of the city’s first more

22 oct 2014

Foreign direct investment stock rose by 22% or EUR11.1 billion to almost EUR60 billion between 2008 and 2013, despite a very low growth rate last year. more

21 oct 2014

Despite a year that has witnessed a lot of moves, the consolidation of Romania’s do-it-yourself (DIY) market is not over, according to major players in the field, which believe other networks will more

20 oct 2014

Cotroceni Park SA, the operator of the AFI Palace Cotroceni mall, one of the key shopping destinations in Bucharest, posted EUR29.1 million net profit last year, five times higher than in 2012 and a more

17 oct 2014

Greek businessman Gkotsis Anastasios will complete a new office space development, Ethos House, on Calea Floreasca (which connects central to northern Bucharest) next month. more