20 ian 2014

UK’s Kingfisher, the largest do-it-yourself retailer in Europe, will put its logo on the first Romanian store by the end of the quarter, as the former Bricostore stores in Orhideea and Pantelimon more

17 ian 2014

Bucharest went beyond the mark of two million square meters of offices last year, and brokers say the market fared better, with rentals of around 280,000 square meters. However, not all owners have more

15 ian 2014

The price of land for house building continued to go down in most areas of Bucharest and its outskirts in the past year. more

14 ian 2014

Czech-based InterCora group, the developer of more than 30 stores for the Kaufland chain in Romania, is working on the demolition of the former Munplast plastic products plant in Bucharest, which it more

9 ian 2014

Oracle has started relocation and consolidation of its local operations in the Floreasca Park complex in northern Bucharest, the biggest move on the office space market of Bucharest, ZF has found. more

7 ian 2014

The three largest office projects to be delivered this year in Bucharest are built in the southern half of the city, which developers have shunned so far in favor of the central and northern areas, more

18 dec 2013

South-African investment fund NEPI Tuesday concluded this year’s biggest transaction on the Bucharest real estate market, paying EUR81 million for shopping mall City Park in southeastern city of more

11 dec 2013

Besides the bitter taste, which many companies in the construction business felt this year, 2013 will go down in history as the year of a number of major projects delivered on the local market, which more

10 dec 2013

He came in Romania when the crisis was in full swing, in early 2011, after having worked in the United States, Nigeria and Canada and managed to have EUR100 million worth of project built in less than more

13 nov 2013

Belgian-held supermarket chain Mega Image, which has 210 stores in Bucharest covering 60,000 square meters of space, has become the biggest tenant on the ground floor of apartment buildings, a more

13 nov 2013

What are the new profits that can be made in the residential sector? Business Construct magazine sought an answer to this question by talking to the developer, the constructor and the project manager more

11 nov 2013

Construction works on four new shopping malls worth around half a billion euros are set to start in capital city Bucharest at the end of 2013 or early 2014. more

7 nov 2013

Alpha Bank, one of the top ten banks in Romania by assets, bought a block of apartments in Bucharest, for EUR11.4 million plus VAT, according to the bulletin of insolvency procedures. The more

6 nov 2013

Austrian investors bought Romania’s largest oil company OMV Petrom ten years ago and its largest bank BCR eight years ago, but it was only in 2012 that they climbed to the top spot on the local more

4 nov 2013

The best news for the office space market in Bucharest came from Deutsche Bank, Honeywell, Vodafone and TeamNet, which rented new space in view of expansion and hiring 200-300 people each. more

1 nov 2013

Germany’s largest bank Deutsche Bank, which has a representative office in Bucharest, will develop a technology center in this country. The center will employ 500 people who will work for the entire more

31 oct 2013

Lipscani Street in the Old Center of Bucharest, a once thriving shopping street of the city, which is now struggling to regain its identity, will become a major shopping destination again in two or more

30 oct 2013

The Bricostore logo, a white sun against a red background smiling at Romanian consumers since 2002, will remain in place until the end of the year, as UK’s Kingfisher will start rebranding the 15 more

29 oct 2013

The prices of old three-room apartments in Bucharest are almost twice higher than ten years ago, in early 2004. Owners have lowered the asking prices by about 50% in the last five years, reveals the more

22 oct 2013

Bucharest’s heavy industry has been turned into scrap iron or relocated on the outskirts at best in the last ten to fifteen years and the former plant sites have and will continue to be used for more

21 oct 2013

Germany, the third largest foreign investor in Romania’ economy, with more than EUR6 billion pumped locally over the past twenty years, neither brought any of its major banks to Romania nor built a more

16 oct 2013

The opening of the Promenada mall in northern Bucharest scheduled for Thursday marks the completion of a EUR300 million investment in the Floreasca City development, one of the largest in Bucharest in more

15 oct 2013

The Romanian economy and consumption are stagnating at present because of problems in Europe, says Antonio di Berardino, the Italian who has been running the network of Winmarkt shopping centers for more

11 oct 2013

German group Kaufland will build a hypermarket in Bucurestii Noi district of Bucharest, an area so far less covered by large-format stores in the north-west of the capital. Kaufland has a turnover of more

9 oct 2013

South-African investment fund NEPI plans to start work on three more retail projects in Romania by the end of this year, which will entail a total budget of around EUR200 million. The fund has a more