7 nov 2012

Alin Cocos, 25, stepson of former Tourism Minister Elena Udrea, has this autumn built the structure of a 1,800 square-meter two-floor building on Lipscani street in Bucharest’s historic center, for more

7 nov 2012

Romanian do-it-yourself retail network Dedeman could see EUR525 million sales this year, as the growth in the first ten months was slightly higher than the 10% expected. more

6 nov 2012

Real estate developer Adama believes the market cannot get much worse than it already is and therefore resumed residential investments. more

1 nov 2012

Baneasa Investments, a company controlled by businessmen Gabriel Popoviciu and Radu Dimofte, is about to finalize the sale of a 1.5 hectare plot to Sweden’s Skanska for EUR10 million, in one of the more

29 oct 2012

The Romanian unit of Jones Lang LaSalle (JLL), one of the leading real estate consultancy firms, has seen its management shaken up in the past three months, after three executives left the company. more

26 oct 2012

Franz Paul Bauer, the Austrian managing director and shareholder of S+B Gruppe, which has invested around EUR120 million on the Romanian market, mainly in real estate, says Romania is currently more

22 oct 2012

Greek businessman Ioannis Papalekas, who also bought bankrupt City Mall and insolvent Tower Center in Bucharest this year, has made a new acquisition, namely the site of Porsche Aviatiei showroom, more

15 oct 2012

Businessman Ionut Dumitrescu, best known as the founder and former shareholder of real estate consultant Eurisko which he sold to CB Richard Ellis at the beginning of 2008, has performed his second more

10 oct 2012

Half of the largest transactions signed this year on the office segment were concluded by IT&C companies, after in the past few years banks and companies in the medical services industry had concluded more

10 oct 2012

The wind power, a business consultants and investors have made millions of euros from in recent years is about to slow down abruptly and the outcome looks much like what happened in real estate, said more

8 oct 2012

The year 2012 has perhaps been the most difficult since the start of the crisis, said lawyer Ion Nestor, founding partner of law firm NNDKP, one of the largest players on the Romanian legal market. more

5 oct 2012

Alpha Bank has lost patience with the large customers not repaying their loans and has resorted more and more often to petitioning the court for their insolvency. The latest two such petitions were more

3 oct 2012

Bucuresti Mall and Plaza Romania, the first modern malls built in Bucharest will go through a new development phase and get a 20% lettable area extension. more

28 sep 2012

AFI Europe, the owner of the AFI Palace Cotroceni Bucharest, will start a EUR25 million investment in the second office building of the AFI Business Park. more

26 sep 2012

Real estate developer Adama, acquired in full by Austria’s Immofinanz last year, has begun work on two buildings with 160 apartments part of the Optima and Edenia compounds in the Titan district in more

25 sep 2012

Only one mall is expected to open on the local market by yearend, the Ploiesti Shopping City, an investment of EUR65 million. more

20 sep 2012

Paints and textured plasters producer Fabryo, controlled by investment fund Oresa Ventures, will merge with the construction materials division of Atlas Corporation group, controlled by Greek more

19 sep 2012

The major do-it-yourself retail networks on the local market, where Romanians spend more than EUR1 billion a year on construction supplies, interior decorations and other home improvement products, more

20 aug 2012

Work is close to completion on the over 400-space underground parking lot in Bucharest’s central Piata Universitatii area, with engineers and workers on the project’s construction site on Sunday more

16 aug 2012

In five residential projects around Aurel Vlaicu (Baneasa) airport, where over 1,500 homes have been built in the past few years, developers have over 400 housing units left to sell or to rent, at more

15 aug 2012

2011 was a year of rebound for companies on the logistics market, considering that 13 of the 16 largest companies on this market recorded higher turnovers, with cumulated turnovers of EUR496 million, more

13 aug 2012

The financial crisis over the past three years has “brought down” many malls, housing projects and store chains, as well as tens of plants operating in the food, industrial and construction more

10 aug 2012

More than a quarter of the 300 largest companies in Romania by turnover recorded losses last year, with 44 of them posting losses of over EUR10 million, reveals a ZF analysis. more

31 iul 2012

The average three-room apartment prices in Bucharest fell by 0.3% to EUR76,950 in July, the new low of the last few years, but the serious depreciation of the leu makes them more expensive by 2% in more

31 iul 2012

The sales of stores in shopping center AFI Palace Cotroceni in Bucharest, owned by AFI Europe, rose by 9% in the first half to EUR91 million. Calculated in lei, the sales of the mall went up by 14% in more