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REAL ESTATE

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Speedwell Has Romania’s Secondary Cities on Its Radar, Too
Real Estate

Speedwell Has Romania’s Secondary Cities on Its Radar, Too

Jan Demeyere, co-founder of Speedwell, one of Romania’s most dynamic real estate developers, said the company has Iasi, Sibiu and Brasov, with a good life quality, on its investment radar.

Răzvan Botea · 06.12.2021 · 09:58 · 1 min
Impact Developer & Contractor Borrows EUR4.2M from Garanti Bank for Working Capital
Real Estate

Impact Developer & Contractor Borrows EUR4.2M from Garanti Bank for Working Capital

Impact Developer & Contractor, the real estate developer controlled by entrepreneur Gheorghe Iaciu, took out a EUR4.2 million loan from Garanti Bank, due in June 2024, to secure working capi...

Cristina Bellu · 30.11.2021 · 10:55 · 1 min
Iulian Dascalu Prepares New Real Estate Development on Carbochim Site in Cluj
Capital Market

Iulian Dascalu Prepares New Real Estate Development on Carbochim Site in Cluj

Carbochim (CBC.RO) is preparing the site in Cluj for a future real estate development; the site is now used by one its plants, which is to be relocated.

Loredana Frățilă-Cristescu · 26.11.2021 · 18:30 · 2 min
CA Immo Mulls Selling Romania Office Portfolio in Almost EUR400M Deal
Real Estate

CA Immo Mulls Selling Romania Office Portfolio in Almost EUR400M Deal

Austrian real estate developer CA Immo has decided to consider several strategic options for the Romanian market, including a sale of its entire Bucharest office portfolio, in line with a re...

Bogdan Alecu · 26.11.2021 · 09:43 · 1 min
One United Properties Buys Majority Stake in Bucur Obor for RON65M
Companies

One United Properties Buys Majority Stake in Bucur Obor for RON65M

Real estate developer One United Properties, one of the most dynamic real estate developers of housing, office and mixed projects in Bucharest, announced it sealed an agreement to buy the ma...

Cristina Bellu · 19.11.2021 · 10:59 · 1 min
Speedwell Wants to Tap into Industrial Space Market
Real Estate

Speedwell Wants to Tap into Industrial Space Market

Belgium-held real estate developer Speedwell, which built Record Park mixed project of Cluj and Triama housing project of Bucharest, wants to enter the industrial space market and develop pl...

Bogdan Alecu · 17.11.2021 · 10:26 · 1 min
Romanian Households’ Net Wealth Up from RON1,274B in 2011 to RON2,414B in 2020
Banks-Insurance

Romanian Households’ Net Wealth Up from RON1,274B in 2011 to RON2,414B in 2020

Romanian households’’ net wealth has increased 1.9 times in the past decade, going from RON1,274 billion in 2011 to an all-time high of RON2,414 billion (almost EUR500 billion) in 2020.

Loredana Frățilă-Cristescu · 23.07.2021 · 09:29 · 1 min
Metro Resumes Attempt to Sell Real Estate in Romania
Real Estate

Metro Resumes Attempt to Sell Real Estate in Romania

Germany’s Metro is trying again after two years to sell its real estate portfolio in Romania. The group seeks to sell and lease back the space of nine stores in its network, to streamline op...

Loredana Frățilă-Cristescu · 06.11.2020 · 10:41 · 1 min
Entrepreneur Ovidiu Sandor: We Need More Romanian Investors On Real Estate Market
Real Estate

Entrepreneur Ovidiu Sandor: We Need More Romanian Investors On Real Estate Market

Romania needs more local actors on the real estate market to ensure long-term stability, including times of crisis, like other countries in Central and Eastern Europe such as Poland and Czec...

Loredana Frățilă-Cristescu · 09.03.2020 · 00:00 · 1 min