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Nusco: We Have 50 Hectares Of Land For Residential Development
Real Estate

Nusco: We Have 50 Hectares Of Land For Residential Development

Italian Nusco group, held by the family by the same name, is developing two residential projects in Romania. This is the latest bet of the group, which also operates on the office space mark...

Loredana Frățilă-Cristescu · 05.02.2016 · 00:00 · 2 min
Alpha Bank Branches Out Into Real Estate Development
Banks-Insurance

Alpha Bank Branches Out Into Real Estate Development

Alpha Bank, a top ten lender in Romania by assets, has set up its own real estate division to develop residential projects. The bank is thus trying to recoup some of the money invested in su...

Loredana Frățilă-Cristescu · 04.02.2016 · 09:21 · 1 min
Petrom City Further Development Put On Hold
Real Estate

Petrom City Further Development Put On Hold

OMV Petrom (SNP.RO), the only local oil and natural gas producer, intends to complete the Petrom City project in Straulesti, northern Bucharest, where it moved more than 2,500 employees in 2...

Loredana Frățilă-Cristescu · 25.01.2016 · 00:00 · 1 min
SIF Moldova Develops Residential Complex In Bucharest
Capital Market

SIF Moldova Develops Residential Complex In Bucharest

Regional investment fund SIF Moldova (SIF2.RO), which manages 1.5 billion lei (EUR337 million) assets, plans to start developing a residential complex on one of the plots of the former texti...

Loredana Frățilă-Cristescu · 06.01.2016 · 11:05 · 1 min
Former Industrial Bakery Spicul Site To Accommodate 90,000 Square Meters Of Office Space
Real Estate

Former Industrial Bakery Spicul Site To Accommodate 90,000 Square Meters Of Office Space

The land that was once the site of the Spicul industrial bakery in the central-western Bucharest in the Orhideea area will accommodate two office developments worth about EUR160 million, con...

Loredana Frățilă-Cristescu · 12.10.2015 · 00:00 · 1 min
Lack Of Infrastructure Investment Keeps Moldavia Trapped In Textile Industry
Analysis

Lack Of Infrastructure Investment Keeps Moldavia Trapped In Textile Industry

The lack of infrastructure investments has isolated Moldavia from the rest of Romania so it is now captive in the hands of textile, apparel and footwear manufacturers who pay wages of around...

Loredana Frățilă-Cristescu · 30.09.2015 · 10:38 · 4 min
Skanska To Start Work On New Office Complex Next Year
Real Estate

Skanska To Start Work On New Office Complex Next Year

Sweden’s Skanska, which developed the Green Court office complex in Floreasca-Barbu Vacarescu area in northern Bucharest, hopes to start work on another office complex near Politehnica subwa...

Loredana Frățilă-Cristescu · 28.09.2015 · 00:00 · 1 min
Fashion House Outlet Center 89% Rented
Real Estate

Fashion House Outlet Center 89% Rented

The Fashion House outlet at the entrance to the Bucharest-Pitesti Highway is 89% rented seven years from opening and its more than 60 tenants include Adidas, Puma, Mango and Stefanel.

Loredana Frățilă-Cristescu · 22.09.2015 · 00:00 · 2 min
C&A: There Is Still A Lot Of Potential For Further Development
Retail&Consumer

C&A: There Is Still A Lot Of Potential For Further Development

Dutch-held C&A group, which entered Romania in 2009, has grown to 31 stores and about 276 million lei (EUR62 million) revenue, which put the fashion retailer on the third place in Romania af...

Loredana Frățilă-Cristescu · 16.09.2015 · 00:00 · 2 min