REAL ESTATE
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Tiriac Invests EUR30M In Downtown Office Building
Tiriac Imobiliare, the real estate unit of businessman Ion Tiriac, is set to invest EUR30 million in an office building in Buzesti street, near Bucharest’s Victoriei Square.
Raiffeisen Leasing Aims At EUR90M Worth Of Revenue In 2014; Set To Tap Real Estate In 2015
Raiffeisen Leasing, the second largest player on the market of leasing companies affiliated to banks, expects to reach a volume of new funding worth around EUR90 million at the end of 2014,...
Colliers International Hits Revenue Target In 2014; Plans To Grow By $1M A Year
Ilinca Paun, who has run the operations of Colliers International, one of Romania’s largest real estate consultancies, for four years, says she’s hit the revenue target for this year, with t...
Real Estate Sector Posts Biggest Loss, Oil&Gas Extraction, Most Profitable In 2013 - Study
Real estate development and consultancy, and metalworking are the sectors with the biggest losses, while oil and gas extraction and trade operations were the most profitable in 2013, accordi...
Romanian Vitalis Consulting Involved In Construction Of Two Hotels In London
Vitalis Consulting, founded and run since 2006 by construction engineer Florin Popa, has sealed its first contract abroad and has been involved since this summer in the construction of two h...
Bucharest's Business District Moves In The Wake Of EUR600M Investments. What’s Next?
On an area of less than one km around subway station Aurel Vlaicu, real estate investors have erected and continue to develop office buildings where 40,000 people may eventually work. Two of...
Number Of Real Estate Deals Up 3% In January-September
The number of real estate deals in Romania increased by 3% on the year in January-September, to 600,000, the national cadastre agency ANCPI said Friday.
Luxembourg Investment Fund Buys EUR1.2M Real Estate Assets In Bucharest
Luxembourg-based investment fund Tavirama has bought two retail spaces and one luxury apartment in Bucharest for EUR1.2 million, its first transactions on the Romanian market, where it plans...
The Advisers/Knight Frank: Real Estate Deals In Romania Seen Reaching EUR800M In 2014
Real estate in Romania are expected to reach nearly EUR800 million in 2014, which would translate into a spectacular increase compared to EUR63 million in crisis year 2009, due to the reviva...