16 oct 2014

Renault Technologie Roumanie (RTR), the engineering center of French carmaker Renault, will remain in the North Gate office building in Bucharest for another four years. more

16 oct 2014

South African-held commercial property company NEPI has become the largest owner of shopping centers in Romania and now owns about 350,000 square meters of lettable space, according to a ZF analysis. more

15 oct 2014

Promenada Mall, opened near the Aurel Vlaicu subway station in northern Bucharest last October, following a EUR130 million investment, has mostly reached the targets set for its first year in more

14 oct 2014

The sales of the first Brico Depot stores that replaced the former Bricostore units of Orhideea and Pantelimon in Bucharest rose by 20%, a reason why the network rebranding process has been more

13 oct 2014

The price of land in Bucharest currently stands at about EUR70/square meter for large plots in areas like Soseaua Alexandriei or behind the plots bordering the boulevard in the Pallady area and may more

9 oct 2014

This autumn started with the opening of two office sites near the Pipera subway station and the new buildings are due to be delivered in 2016. more

8 oct 2014

Average asking prices for three-room apartments in old buildings in Bucharest have gone up by EUR3,200 or 4.4% since the beginning of the year, to EUR75,850, according to the ZF Real Estate Index more

8 oct 2014

French-held group Adeo, controlled by the Mulliez family, added EUR26.5 million to the share capital of Leroy Merlin Bricolaj of Romania in a bid to support the development of the local store network more

7 oct 2014

Businessman Gheorghe Iaciu, who bought Moldova Mall shopping center in downtown Iasi (NE Romania) from East Balkan Properties early this year, will begin works this week to convert it into offices. more

7 oct 2014

With a 210,000-sqm built area, EUR165 million investment, 15 cranes and 1,500 workers, Mega Mall, the shopping center that is taking shape in Bucharest’s Pantelimon area, is the biggest site in the more

7 oct 2014

Mariana Gheorghe, who has been at the helm of Romania’s leading oil company OMV Petrom since 2006, has been included by U.S. magazine Fortune in its ranking of the most powerful women in the world more

3 oct 2014

Dedeman, the largest player on Romania’s DIY market, last month bought a 4.7-ha land plot from former industrial platform Chimopar and has started building its fourth store of Bucharest. The store more

2 oct 2014

The Romanian real estate market is gaining appeal in the eyes of major investors as prices in Spain, Italy or Poland have increased very much and the conflict with Ukraine makes Russia an more

30 sep 2014

German transport group Deutsche Bahn will develop a services center employing several hundred people in the Hermes Business Campus in Pipera, northern Bucharest. more

30 sep 2014

Businessman Iulian Dascalu, owner of Iulius Mall shopping center network nationwide and of mixed development Palas in Iasi, started works for a new office building with a rentable area of 15,000 more

29 sep 2014

Businessman Ioan Ciolan, the majority shareholder of Sibiu-based do-it-yourself retail and construction material distribution company Ambient, transferred 9.99% in it to an investment fund of BCR, more

29 sep 2014

Czech-based PointPark Properties, controlled by TPG (former Texas Pacific Group) and Ivanhoe Cambridge, is in advanced talks to buy Europolis Logistic Park near Bucharest, market sources told ZF. more

26 sep 2014

Two investors that have built and sold about 1,500 homes in Popesti Leordeni, south of Bucharest, in the last five years have struck a deal to buy the site of Policolor paint plant on Theodor Pallady more

16 sep 2014

George Argentopoulos, the chief executive officer of the company managing the Baneasa Shopping City project in northern Bucharest, says he did not see any rise in average spending in the first seven more

12 sep 2014

The words “mall” and “shopping” entered Romanians’ vocabulary 15 years ago, with the opening, in September 1999, of Bucharest Mall in Vitan district, developed by Turkish group Anchor on the more

10 sep 2014

British group Kingfisher, which last spring bough the 15 Bricostore DIY stores, registered sales of GBP42 million (around EUR52 million) in Romania and a loss of around GBP6 million in the first half more

2 sep 2014

Land plots, retail spaces, offices or logistic centers with a market value put at some EUR750 million changed their owners in the first 8 months of this year as 30 deals were clinched. However, more

29 aug 2014

The deal was carried out through NEPI’s taking over and paying a EUR22 million loan to Austria’s Volksbank. more

28 aug 2014

Carrefour, Dedeman, Praktiker and H&M, four of the largest retail networks in Romania, will all soon open stores in Targu-Jiu, a city with a population of 80,000 people whose livelihood largely more

27 aug 2014

The retail spaces bordering the boulevards in Bucharest are now housing about 1,000 pharmacies and as many bank offices so a ten-minute walk on a main street like Stefan cel Mare reveals 14 pharmacies more