17 mar 2014

Czech-held S Group has invested almost EUR60 million to raise an office building with a rentable area of almost 31,000 square meters close to Piata Chirigiu of Bucharest. more

12 mar 2014

Heineken Romania sold the former Grivita brewery in downtown Bucharest, at the end of 2013, to a group of real estate investors, among whom Ionut Dumitrescu, the founder of real estate consultancy more

10 mar 2014

Telecom operator Orange Romania has reached an agreement to lease up to 13,000 square meters of office space in the Green Court compound developed by Sweden’s Skanska in northern Bucharest, real more

6 mar 2014

Electronic game developer King, the maker of Candy Crush Saga, one of the most popular games for Facebook and mobile, will move its Bucharest headquarters to Opera Center, where it rented a 1,700-sqm more

6 mar 2014

Britain’s Kingfisher, set to officially enter the Romanian market next week by opening the first Brico Depot-branded DIY stores, appointed French-born Patrick Papot as chief executive of the more

6 mar 2014

Shimon Galon, one of the savviest real estate developers on the Romanian market, has left GTC Romania after 15 years at the company’s helm. From this position he coordinated office, retail and more

5 mar 2014

Swan Office Park office complex in Pipera, northern Bucharest, which went bankrupt on more than 370 million lei (EUR82 million) debt in mid October 2013, has found two new tenants in the last few more

4 mar 2014

Romanians are reluctant to buy foreclosed homes, says Valentin Ilie, chief executive officer of real estate consultant Coldwell Banker Affiliates of Romania, and one of the reasons is that evicting more

4 mar 2014

At present, 15 large shopping centers and 25 hypermarkets are operational in Bucharest, but retailers and real estate developers believe the market is not well covered. Thus, in mid-February, seven more

3 mar 2014

Omer Susli, the Turkish investor who at bought from Germany’s Praktiker the group's 27-store network in Romania, hopes to bring the company back to profit in two years at the latest. Revenue should more

25 feb 2014

Mobile telephony operator Vodafone Romania will consolidate its Bucharest operations in an office tower developed by Greek businessman Ioannis Papalekas on Barbu Vacarescu street in the northern area more

21 feb 2014

Seven real estate groups, three of which are Romanian-held, in 2013 generated revenue of almost EUR315 million from operating the malls or office buildings they own, up 12.3% year-on-year, according more

14 feb 2014

The new insolvency code, a law that banks and other creditors expect to make it easier for them to get their money back, while ailing companies hope it will provide them with a better framework for more

12 feb 2014

German do-it-yourself group Praktiker has been in talks for several months with Turkish businessman Omer Susli to sell its Romanian operations. more

10 feb 2014

Swedish-held Skanska construction and real estate development group will step up investment in Romania as of this spring, when it begins work on the second building of the Green Court office space more

7 feb 2014

Belgian-held group Allianso, which owns Ploiesti West Park logistic park in Aricestii Rahtivani, Prahova County in Romania, will build a plant and a 25,000-square meter warehouse there for Belgian more

7 feb 2014

The stores in the Baneasa Shopping City in northern Bucharest posted EUR200 million sales last year, after a new 5% increase, says George Argentopoulos, the manager appointed to run the mall more than more

7 feb 2014

French-held do-it-yourself retailer Leroy Merlin, which in the autumn of 2011 opened the first store of Romania in Chitila, northern Bucharest, has recently bought a 4.3-ha land plot in the south of more

6 feb 2014

The first entire operational year of Palas center of Iasi, the largest real estate investment outside Bucharest, drove revenue of the Iulius group controlled by businessman Iulian Dascalu, to EUR64.5 more

5 feb 2014

Do-it-yourself and construction material distribution company Ambient, controlled by Sibiu businessman Ioan Ciolan, in late 2013 carried out an extensive financial overhaul process by which its debts more

31 ian 2014

Five business centers in Bucharest attracted 20 new tenants that rented almost 53,000 square meters last year, enough to accommodate more than 5,000 employees. more

30 ian 2014

Ten of the most important real estate projects gone insolvent or bankrupt in Romania can be had for about EUR230 million, according to a ZF analysis of the assets put up for auction in the first half more

27 ian 2014

The largest ten shopping centers in Bucharest, which cumulate a lettable area of more than 500,000 square meters, attract almost 300,000 visitors and sell EUR3 million to EUR4 million worth a day, more

24 ian 2014

Last year was the best ever for law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) and business continued to increase in the past three months, says founding partner Ion Nestor. more

23 ian 2014

Charles de Gaulle Plaza (CDG), the office building overlooking the main entrance to the Herastrau Park in northern Bucharest, was sold between two funds managed by GLL Real Estate Partners for almost more