BUILDING
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Nike Importer Turns Bucharest Downtown Building Into Office-Retail Space
Elmec Romania, part of Greek-held group Folli Follie which holds the Nike franchise for on the local market, started reconstruction works on a historic building near the University Square in...
INS: Housing Permits Down 4.5% In First 6 Months
Romanian housing permits fell 4.5% to 17,396 units in the first half of 2013, from 18,217 units a in the year-earlier period, the country’s statistics institute INS said Monday.
Gran Via Starts Work On Residential Building In Bucharest
Spain’s Gran Via, which paid over EUR100 million for former industrial sites in Bucharest during the boom days, started works on its first development in the capital a few weeks ago.
Formerly Nationalized Bucharest Ambasador Hotel Returned To Owner’s Heirs
The land and building of the Ambasador hotel in Bucharest have been returned in kind to the heirs of its former owner, architect Arghir Culina, after ten years of litigation.
Romania Halves Funds For Building Consolidation In 2014-2016
Romania’s Government will halve state budget funds for local authorities to consolidate homes considered to have high seismic risk, despite warnings that many buildings might collapse in cas...
Papalekas Has The “Sketch” Of Building To Be Erected On Former Porsche Showroom Site
No sooner had Porsche Aviatiei showroom in Bucharest closed at the end of April, than information and even pictures surfaced on the real estate market related to the future office building G...
Five New Tenants Bring AFI Park 1's Occupancy Rate To 85%
AFI Park 1, the first office building finished by Israeli developer AFI Europe in Bucharest, has reached an 85% occupancy rate, after five new leasing contracts were signed.
Government Won't Allot Any Money For Building Consolidation This Year
Romania's Government will not allot any money from the state budget for building consolidation this year, although experts have repeatedly warned that there is a risk of a strong earthquake...
Government To Guarantee Loans For Building Thermal Rehabilitation In 2012
The Romanian Government on Tuesday decided it will continue to provide government guarantees this year for loans financing building thermal rehabilitation projects.