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Rent In GTC Malls In Romania Dropped To EUR3.8/Sqm In 1Q
Real Estate

Rent In GTC Malls In Romania Dropped To EUR3.8/Sqm In 1Q

The average rent in shopping malls owned by GTC in Arad, Buzau and Piatra Neamt reached EUR3.8/square meter/month, from EUR5/sqm in the first quarter of 2013 and EUR4.1/sqm at the end of las...

Oana Gavrila · 15.05.2014 · 15:27 · 2 min
Immofinanz Rented Out 5,400 Sqm Of Office Space In Bucharest In Recent Months
Real Estate

Immofinanz Rented Out 5,400 Sqm Of Office Space In Bucharest In Recent Months

Austrian Immofinanz Group, one of the largest property investors on the Romanian market, has attracted tenants for nearly 5,400 square meters of office space in recent months in the Iride Bu...

Oana Gavrila · 24.04.2014 · 14:34 · 1 min
Esop: Bucharest Has 170,000 Sqm Of Office Space In Villas For EUR11/Sqm/Month
Real Estate

Esop: Bucharest Has 170,000 Sqm Of Office Space In Villas For EUR11/Sqm/Month

Bucharest has 172,000 square meters of office space available in villas and most rent out for EUR11/sqm/month, according to real estate consultant Esop Consulting.

Oana Gavrila · 03.04.2014 · 13:35 · 1 min
Esop: Office Space Rents In Western Bucharest Near Prices In City Center
Real Estate

Esop: Office Space Rents In Western Bucharest Near Prices In City Center

The differentiated volume of office space, bigger in the center-north area of Bucharest and lower in the center-west area, led to comparable rent prices in the two areas, according to data b...

Oana Gavrila · 19.03.2014 · 13:15 · 1 min
Winmarkt Rental Revenues Fell 10% In 2013, To EUR10M
Real Estate

Winmarkt Rental Revenues Fell 10% In 2013, To EUR10M

Revenues obtained by Italian company Immobiliare Grande Distribuzione (IGD) from renting its 15 Winmarkt shopping centers in Romania dropped 9.9% in 2013, to EUR9.9 million, driven by a lowe...

Oana Gavrila · 03.03.2014 · 11:46 · 1 min
Bucharest Office Space Transactions Hit 6-Year High By Volume In 2013 - CBRE
Real Estate

Bucharest Office Space Transactions Hit 6-Year High By Volume In 2013 - CBRE

Transactions involving office spaces in Romania's capital city Bucharest exceeded 300,000 square meters in 2013, the highest volume reported in the last six years, with one third of the tran...

Gabriela Stan · 06.02.2014 · 19:00 · 1 min
Bucharest’s Most Attractive Office Buildings Rented 53,000 Sqm To New Tenants in 2013
Real Estate

Bucharest’s Most Attractive Office Buildings Rented 53,000 Sqm To New Tenants in 2013

Five business centers in Bucharest attracted 20 new tenants that rented almost 53,000 square meters last year, enough to accommodate more than 5,000 employees.

Loredana Frățilă-Cristescu · 31.01.2014 · 00:00 · 2 min
Giant EADS Expands On Land Of Ailing Romanian Helicopter Maker
Companies

Giant EADS Expands On Land Of Ailing Romanian Helicopter Maker

Aircraft components manufacturer Premium Aerotec Ghimbav, part of the EADS group, plans to rent a further 10 hectares of land in Ghimbav from state-run Romanian helicopter maker IAR Ghimbav...

Daniela Stoican · 10.12.2013 · 00:00 · 1 min
Most Street Front Retail Spaces In Bucharest For Rent At Below EUR10/Sqm/Month
Real Estate

Most Street Front Retail Spaces In Bucharest For Rent At Below EUR10/Sqm/Month

Street front retail space rents continued to rise in Romania and currently exceed EUR7 per square meter/month in Bucharest, according to real estate platform SpatiiComerciale.ro.

Ioana Tudor · 18.11.2013 · 12:17 · 1 min