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NEPI Buys Severin Shopping Center And Adjacent Land Plot From Bel Rom
Real Estate

NEPI Buys Severin Shopping Center And Adjacent Land Plot From Bel Rom

South-African investment fund New Europe Property Investments (NEPI) has bought Severin Shopping Center, developed by Belgian group Bel Rom, and an adjacent plot of land of 2.3 hectares, law...

Oana Gavrila · 16.09.2013 · 18:42 · 1 min
Kingfisher Paid GBP35M Cash For Bricostore Romania
Real Estate

Kingfisher Paid GBP35M Cash For Bricostore Romania

British group Kingfisher paid GBP35 million (EUR41.5 million) cash for Bricostore's 15 home improvement stores in Romania.

Ioana Tudor · 11.09.2013 · 14:58 · 1 min
Banca Transilvania’s Executive Board VP Sells 0.07% Of Lender’s Shares For RON2.2M
Banks-Insurance

Banca Transilvania’s Executive Board VP Sells 0.07% Of Lender’s Shares For RON2.2M

Roberto Marco Marzanati, vice-president of the Managing Board of Romanian lender Banca Transilvania (TLV.RO), Tuesday sold a stake representing 0.07% of the bank’s shares for 2.2 million lei...

Ioana Tudor · 11.09.2013 · 13:44 · 1 min
Some 5% Of SIF Moldova Shares Transferred In EUR7.1M Special Deal
Capital Market

Some 5% Of SIF Moldova Shares Transferred In EUR7.1M Special Deal

A 4.91% stake in Romanian regional investment fund SIF Moldova (SIF2.RO) was transferred in a 31.7 million lei (EUR7.1 million) special deal on the Bucharest stock market Friday morning at 1...

Ioana Tudor · 30.08.2013 · 13:33 · 1 min
Over 29% Of Transilvania Constructii Shares Transferred In RON13.8M Deal
Capital Market

Over 29% Of Transilvania Constructii Shares Transferred In RON13.8M Deal

A 29.22% stake in Romanian construction firm Transilvania Constructii (COTR.RO) was traded in a deal worth 13.8 million lei (EUR3.1 million) at a price of RON50 per share.

Ioana Tudor · 29.08.2013 · 13:01 · 1 min
CBRE Sees Commercial Property Deals In Romania Stable At EUR200M In 2013
Retail&Consumer

CBRE Sees Commercial Property Deals In Romania Stable At EUR200M In 2013

The value of commercial property transactions in Romania, including office, retail and industrial space, might hit EUR200 million in 2013, similar to that in 2012, with focus mainly on offic...

Ioana Tudor · 27.08.2013 · 11:25 · 1 min
GTC Sells Galleria Suceava
Real Estate

GTC Sells Galleria Suceava

Israeli group GTC, which developed a network of four shopping centers in Romania under the Galleria brand, sold its mall in the northeastern city of Suceava on August 7.

Ioana Tudor · 20.08.2013 · 16:39 · 1 min
3% Of Fondul Proprietatea Traded in Bucharest For RON264.5M
Capital Market

3% Of Fondul Proprietatea Traded in Bucharest For RON264.5M

A stake of 3.012% of investment fund Fondul Proprietatea (FP.RO) shares was transferred on the Bucharest Stock Exchange Tuesday in a special deal, for 264.5 million lei (EUR59.5 million).

Bogdan Neagu · 09.07.2013 · 16:46 · 1 min
New IMF Deal A Good Strategy For Romania, Says Erste
Banks-Insurance

New IMF Deal A Good Strategy For Romania, Says Erste

Securing a new agreement with the International Monetary Fund would be a good move for Romania, considering the country’s financial needs in 2013-2014, according to a report from Austrian Er...

Florentina Dragu · 05.07.2013 · 17:05 · 2 min