DEVELOPMENT
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Didier Balcaen Who Supervised Construction of Unirii View Develops Office and Residential Project in Northern Bucharest
Didier Balcaen, the Belgian executive who runs developer Speedwell, has started a real estate project through Willow Residential that will include both office and residential space on the Ja...
Razvan Iorgu, CBRE: Residential Rental Property Next Segment to Develop
Residential projects expressly developed for rental purposes are the next level on the Romanian real estate market, believes Razvan Iorgu, managing director of CBRE Romania.
Dascalu, Iulius Group: Bucharest Needs Flagship Mixed-Use Project
Businessman Iulian Dascalu, who together with private equity firm Atterbury Europe developed and inaugurated the mall and office space project Iulius Town in Timisoara on Friday, says he is...
Intersport Sees 7% Growth in H1
Sporting goods retailer Intersport, one of the most powerful actors in this market, saw its sales up 7% in the first half, a higher growth rate than in the year-ago period.
Kaufland Set to Develop Office Building in Barbu Vacarescu Area
German-held retailer Kaufland has applied for a zoning permit from the Bucharest City Hall for a plot of land behind its store on Barbu Vacarescu Street, where it plans to develop an office...
Adriean Videanu Plans to Build Mixed-Use Real Estate Project Near Marriott Hotel in Bucharest
At a time when real estate investments are in full bloom, Adriean Videanu, former economy minister in the Boc government and former Bucharest mayor, has applied for a zoning permit for a pro...
Vastint Set to Develop Residential Project with Schools, Retail and Office Space in Sisesti Area of Bucharest
The Vastint Group, which has the same owners as the Inter IKEA group, is taking one step further towards the completion of the residential project that may be worth as much as EUR1 billion t...
Agricover Set To Invest EUR2.5M in Development of Abatorul Peris
Agricover, part of the group held by businessman Jabbar Kanani, has invested more than EUR10 million in retooling and upgrading Abatorul Peris (Peris slaughterhouse) since taking over from a...
Young Entrepreneurs Opened Over 50 Specialty Coffee Shops in Bucharest and Big Cities
The 2 billion lei (EUR420 million) café market in Romania is going through a paradigm shift, as independent specialty cafés are gaining ground on international and local chains.