6 mai 2014

Germany’s Lidl, which owns in Romania a network of over 170 stores with annual sales of around EUR700 million, plans to expand to Bragadiru, near capital city Bucharest, on a land plot of the more

1 mai 2014

The construction of Sky Tower, a 36-floor and 137-meter high office building, was completed more than a year ago and just 35% of spaces have been filled so far. more

29 apr 2014

Businessman Omer Susli, who reached an agreement at the end February to buy the Romanian operations of the Praktiker group after the bankruptcy of the German-held do-it-yourself retailer, will more

28 apr 2014

Businessman Ioannis Papalekas, one of the most discreet investors on the Romanian real estate market, in early 2014 repurchased office buildings BOB and BOC of northern Bucharest from RREEF, the real more

25 apr 2014

Housing construction left the crisis behind last year in and around Bucharest, in the context where the number of completed housing units rose by 16.5% in the Bucharest-Ilfov region, to 5,275 units. more

23 apr 2014

Georgica Vaduva worked in the leather goods industry but almost one decade ago switched to the food industry, opening first a restaurant, and now is a stakeholder in several companies operating 18 more

22 apr 2014

Twenty banks and large companies occupy around 360,000 square meters of office space in Romania's capital city Bucharest, where nearly 35,000 employees work. The spaces filled by these groups account more

18 apr 2014

Alin Mesea, 31, a graduate of the Academy of Economic Studies in Bucharest, was designated to run the Algerian operations of Portugal’s Sonae Sierra group at the end of 2013, after an almost 4-year more

16 apr 2014

Baneasa Developments, through which businessmen Gabriel Popoviciu and Radu Dimofte control the retail area of Baneasa project in northern Bucharest, in 2013 generated net profit of EUR10.3 million more

14 apr 2014

Mihai Radulescu, a former lawyer with Schoenherr, has managed a rapid expansion of a new law firm, which was set up less than one year ago, and it already numbers 20 lawyers. more

11 apr 2014

More than 60,000 square meters were leased in Bucharest in the first quarter, an increase of 13% on the year-ago period, according to Colliers International data, and more than a quarter of the space more

9 apr 2014

PGS Sofa & Co controlled by Jean-Charles Parisot, grandson to Jacques Parisot, the founder of one of the largest furniture makers in France, bought an over 26,000 square meter production facility in more

8 apr 2014

Kaufland, the biggest player in Romania’s food retail, and businessman Ionut Dumitrescu, the founder of Eurisko consultancy (the current CBRE Romania), have started pulling down the former Grivita more

7 apr 2014

George Tapu and Oleg Tataru, owners of Artsani Com, which with a DIY and building materials store in Ploiesti generates annual sales of almost EUR30 million, are mulling expansion outside Prahova more

3 apr 2014

Real estate developer Anchor Grup, which owns the first two malls built in Bucharest, Bucuresti Mall and Plaza Romania, will begin remodeling of the latter in about a month. more

2 apr 2014

Romtelecom, one of the largest telecom operators in Romania, has chosen audit and advisory firm KPMG to appraise its real estate assets throughout the country. Romtelecom owns almost two million more

2 apr 2014

On a do-it-yourself market where Praktiker and Bricostore changed owners and BauMax and OBI are planning to leave, the Paval brothers took Dedeman to over EUR600 million revenue. more

2 apr 2014

Greek businessman Ioannis Papalekas, one of the most dynamic real estate investors of Bucharest in recent years, is in talks with businessman Ovidiu Buluc to acquire a 26,000-sqm land plot in Pipera more

31 mar 2014

Bacau-based Dedeman has in the past five years had a lot of room for maneuver on the DIY market, where it has operated almost alone: it has opened 25 new stores and bolstered revenue by 140%, to more

28 mar 2014

UK group Kingfisher, which in 2013 took over the Romanian DIY network of Bricostore, in February operated several capital raise operations in the wake of which it injected around EUR21.5 million in more

28 mar 2014

The number of investors operating on the real estate market of offices, shopping malls, logistics and retail spaces is falling as a series of new projects are being delivered and the arrival of new more

27 mar 2014

Deutsche Pfandriefbank, Raiffeisen Bank International, Raiffeisen Bank Romania and Erste Group Bank AG will lend EUR220 million to help refinance debt obligations of AFI Europe’s shopping mall AFI more

26 mar 2014

Greek businessman Ioannis Papalekas, one of the most active investors on the Romanian real estate market in the last few years, wants to buy the UniCredit HQ office building near Piata Presei. more

26 mar 2014

Portugal’s Sonae Sierra group, which, together with Irish-held Caelum Development, in early January started construction works for ParkLake Plaza mall of Titan, is in talks with several foreign more

24 mar 2014

As land prices have been going down over the past five-six years, real estate developers have returned to the market and even started sealing deals, says Sinziana Oprea who, alongside Mihai Bogza, more