Real Estate
Meta Estate Trust Switches to Profit After First Year of Activity
Meta Estate Trust, a holding company operating in the real estate field, listed on the Bucharest Stock Exchange in late August, registered net profit of around RON700,000 in the first six mo...
Preh Romania Leases 4,500 Sqm Of Office Space In Palas Iasi Mixed-Use Project
Car parts producer Preh Romania, a division of the global supplier to the automotive industry, has leased 4,500 square meters of office space within the United Business Center (UBC), the Cla...
Real Estate Developer Impact Gets EUR40M Loan from OTP to Complete 730 Apartments in Bucharest
Real estate developer Impact Developer & Contractor (IMP.RO) has signed loan agreements with OTP Bank NYRT and OTP Bank Romania, it said in a report to the Bucharest Stock Exchange.
C&W Echinox: Employees Wish To Return To The Office To Socialize
The hybrid work model is here to stay, but with it becoming mainstream, the employees’ reasons for going to the office have shifted towards socializing, collaborating and connecting with the...
TeraPlast Bistrita Gives Up Housing Compound Development in Bistrita on Rising Prices
Bistrita-based building materials maker TeraPlast, controlled by businessman Dorel Goia, is no longer investing in a real estate project it had planned to develop in Bistrita because of rece...
Square 7 Properties Wants to Deliver Btw 35,000-45,000 Sqms Annually on Romanian Market in Next 5 Years
Retail park developer Square 7 Properties wants to deliver annually between 35,000 and 45,000 square meters of new spaces locally in the next five years as it plans to expand toward smaller...
OTP Bank Romania Participated In Financing EUR410M Loan Contracted By Iulius Group
OTP Bank Romania on Tuesday said it participated in financing the loan recently granted on the local market to real estate developer Iulius Group to support investments in Iulius Mall region...
One United Properties Wants to Borrow EUR25M from Banca Transilvania to Fund and Refinance One Cotroceni Park
Real state developer One United Properties wants to contract a EUR25 million credit facility from Banca Transilvania to finance and refinance One Cotroceni Park, a mixed-use real estate proj...
Iulius Group Gets EUR410M Loan For Investments In Romania
Iulius Group, a real estate developer held by Iulian Dascalu, together with partners Atterbury Europe, have signed a EUR410 million financing agreement to support investments in Iulius Mall...