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BUCHAREST

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Bucharest Has Room For More Malls, Experts Say
Real Estate

Bucharest Has Room For More Malls, Experts Say

On a constantly expanding market where shopping centers continue to open, only two areas of Bucharest have yet to be covered – the center and the northwest of the city.

Loredana Frățilă-Cristescu · 10.03.2016 · 09:58 · 1 min
DTZ Echinox: Bucharest Modern Office Stock Up 4% To 2.25 Mln Sqm In 2015
Real Estate

DTZ Echinox: Bucharest Modern Office Stock Up 4% To 2.25 Mln Sqm In 2015

Bucharest’s modern office stock rose 4% in 2015, to 2.25 million square meters, while for 2016, the volume of new space deliveries is seen reaching a record high since 2009, of which 60% wil...

Ecaterina Craciun · 23.02.2016 · 15:04 · 2 min
Bucharest’s Sector 6 Accommodates One Third Of Hypermarkets In The City
Retail&Consumer

Bucharest’s Sector 6 Accommodates One Third Of Hypermarkets In The City

Bucharest has attracted about EUR350 million to EUR450 million investments in the opening of 33 Kaufland, Auchan, Cora and Carrefour hypermarkets in the past fifteen years.

Loredana Frățilă-Cristescu · 15.02.2016 · 09:13 · 1 min
Asking Prices For Apartments In Bucharest Stable In January, For First Time In Three Years
Real Estate

Asking Prices For Apartments In Bucharest Stable In January, For First Time In Three Years

Asking prices for apartments in Bucharest remained stable on the month in January, for the first time in the last three years, but fell compared with January 2014, according to a study by re...

Gabriela Stan · 04.02.2016 · 11:49 · 1 min
Apartment Prices Rose 5% In Central And Northern Bucharest In 2015, But Fell In Other Areas
Real Estate

Apartment Prices Rose 5% In Central And Northern Bucharest In 2015, But Fell In Other Areas

Asking prices for apartments in central, semi-central and northern areas of capital Bucharest rose 4.6% in 2015, while in the eastern, southern and western areas, they fell 1.87%, according...

Ecaterina Craciun · 14.01.2016 · 12:45 · 1 min
Decathlon To Open Its 17th Store In Romania On December 29
Retail&Consumer

Decathlon To Open Its 17th Store In Romania On December 29

Sporting goods retailer Decathlon will open its 17th store in Romania, on December 29, near Ikea store in Bucharest, the company said in a statement Thursday.

Gabriela Stan · 24.12.2015 · 15:55 · 1 min
Colliers: Real Estate Deals In Bucharest To Exceed EUR800M In 2015
Real Estate

Colliers: Real Estate Deals In Bucharest To Exceed EUR800M In 2015

Real estate transactions on the segments of office buildings, logistics space and the investment market in capital Bucharest will exceed EUR800 million for the whole of 2015, according to a...

Ecaterina Craciun · 23.11.2015 · 14:21 · 1 min
Bucharest Places 69th In Price Level Ranking Of 71 Cities In The World
Retail&Consumer

Bucharest Places 69th In Price Level Ranking Of 71 Cities In The World

Bucharest places 69th in a price level ranking of 71 cities in the world, which excludes rents, while Zurich, Geneva and New York hold the top spots with the highest prices, according to UBS...

Ecaterina Craciun · 18.09.2015 · 14:58 · 2 min
Sheraton Enters Romanian Market Following Partnership With Grand Plaza Hotel
Companies

Sheraton Enters Romanian Market Following Partnership With Grand Plaza Hotel

Hotel chain Starwood Hotels & Resorts has officially entered the Romanian market with Sheraton brand, after having signed a franchise contract for minimum 20 years with Grand Plaza Hotel, wh...

Gabriela Stan · 28.08.2015 · 16:46 · 1 min