26 aug 2014

The largest bank in Romania, Austria’s Erste-owned BCR, is looking for up to 15,000 square meters of office space to relocate some of its operations in Bucharest. more

25 aug 2014

The former shopping center Armonia in Braila, closed in 2009 after a EUR45 million investment and nine months in business due to poor sales, will most likely be turned into a production facility by an more

20 aug 2014

Real estate developer Portland Trust, founded and run by British businessman Robert Neale, acquired a four-hectare land plot in Pipera with a view to develop a new office project in the wake of more

15 aug 2014

The Romanian real estate market will soon attract new institutional investors, following the resurgence of deals in markets like the UK, France, Germany and Ireland, Spain and Italy, where sales of more

14 aug 2014

Swedish-held Skanska group, the developer of the Green Court office building complex in Barbu Vacarescu area in northern Bucharest, has started talks with investors for a potential sale of the first more

12 aug 2014

The development of the shopping center Victoria City on the site of the former Textila Dacia plant in Bucurestii Noi district in NW Bucharest is hazy, now that retailer Cora intends to drop the plans more

11 aug 2014

Almost 36,000 houses up to two-story tall were built in Romania last year, following investments estimated at more than EUR1 billion, while only 4,500 apartments in apartment buildings at least more

8 aug 2014

Bacau-based retail chain Dedeman and French-held Leroy Merlin will open two do-it-yourself stores in Bucharest, which has not seen any such new projects in three years. Moreover, Germany’s OBI has more

7 aug 2014

Greek-born Ioannis Papalekas, one of the lowest-profile investors on the Romanian real estate market, has invested more than EUR300 million in office, retail and industrial space and several plots of more

5 aug 2014

Victoria Center, located on Calea Victoriei street, Sky Tower (near Promenada mall) and business park AFI Business Park (near AFI Palace Cotroceni shopping center) are Bucharest’s office projects more

24 iul 2014

Although 2008-2013 was one of the darkest times in Romania's economy after 1989, with more than 100,000 companies going belly up and an overnight surge in non-performing loans from 0% to 20% in the more

22 iul 2014

French group Renault, which owns Dacia plant in Mioveni, but also has significant commercial and research-engineering operations in Romania's capital city, mulls consolidating its Bucharest operations more

21 iul 2014

Market research company GfK Romania is going to develop the office it owns Iasi (northeastern Romania) into a regional hub that will hire 400 people. more

21 iul 2014

In just 15 months, Romania’s do-it-yourself (DIY) market has undergone radical change, as four groups--Bricostore, Praktiker, BauMax and OBI--decided to leave, another two players, Britain’s more

18 iul 2014

Spanish-held developer Gran Via started works for another two apartment blocks in western Bucharest after completing works on a first building several months ago, as it secured financing from Garanti more

18 iul 2014

The Sun Plaza mall of Bucharest’s Berceni district posted revenue of EUR15.9 million last year, up 2.5% compared with 2012, cementing its third position in Bucharest malls’ ranking. more

16 iul 2014

Shopping center owners find it hard to fill 130 stores as the number of retailers boasting nationwide coverage is small and a large part of them are not expanding at the moment, says Tatian Diaconu, more

15 iul 2014

Belgium's group Atenor, which completed its first project in Romania this spring, an office building in Hermes Business Campus of Pipera, is to start this autumn works for the second building of the more

15 iul 2014

Bucharest no longer has any plant employing at least 1,000 people, according to a ZF survey based on Trade Registry data regarding the 500 largest employers headquartered in Romania’s capital city. more

11 iul 2014

The 20 largest office space rental deals in Bucharest in the first half of the year were signed for about 74,000 square meters, or 3.5% of the 2.1 million square meter stock in the city, according to more

10 iul 2014

The French Mulliez family, which has built a retail empire with about EUR80 billion yearly sales worldwide, has invested about one billion euros in acquisitions and development in Romania over the more

8 iul 2014

German-held do-it-yourself retailer OBI, which entered Romania in 2008, is getting ready to leave the market where it operates seven stores that generated only EUR37 million sales last year. more

7 iul 2014

Turkish-born businessman Omer Susli, who in February reached an agreement to buy do-it-yourself retail chain Praktiker in Romania, says the 27 stores generated almost 10 million lei (EUR2 million) net more

4 iul 2014

The 20 most debt-laden shopping centers in Romania owe EUR1.9 billion together, ten times the revenue they posted last year, due to the high loans they took out during the boom days of the local real more

3 iul 2014

French-held retailer Auchan has reached an agreement to buy 12 hypermarkets and shopping galleries in Romania located in Bucharest, Timisoara and other eight cities. The deal amounts to about EUR280 more