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Colliers Recruits Former Sodexo Bulgaria CEO Victor Cosconel
Real Estate

Colliers Recruits Former Sodexo Bulgaria CEO Victor Cosconel

Real estate consultant Colliers has appointed Victor Cosconel, the former CEO of Sodexo Bulgaria, Head of Industrial & Business Development, as of September, the company said.

Loredana Frățilă-Cristescu · 06.09.2021 · 13:03 · 1 min
South Africa's Real Estate Investment Trust Fortress Acquires Industrial Park ELI Park 1
Real Estate

South Africa's Real Estate Investment Trust Fortress Acquires Industrial Park ELI Park 1

South Africa's real estate investment trust Fortress has acquired logistics park ELI Park 1, developed by Element Industrial and do-it-yourself (DIY) retailer Dedeman.

Ecaterina Craciun · 06.09.2021 · 10:34 · 1 min
Colliers: Limited Deliveries of Retail Space in H1
Real Estate

Colliers: Limited Deliveries of Retail Space in H1

The retail market recorded limited deliveries in the first half of 2021, as many projects were postponed during the pandemic and the price of construction materials rose a lot. About 60% of...

Loredana Frățilă-Cristescu · 03.09.2021 · 11:55 · 1 min
Old Three-Room Apartment Prices in Bucharest Up in August
Real Estate

Old Three-Room Apartment Prices in Bucharest Up in August

Old three-room apartment prices in Bucharest continued to increase in August, reaching more than EUR101,000, a decade high, which had not been reached since the first half of 2009.

Loredana Frățilă-Cristescu · 02.09.2021 · 20:48 · 1 min
Appraisal & Valuation Shares Debut On AeRO Market Of Bucharest Stock Exchange
Capital Market

Appraisal & Valuation Shares Debut On AeRO Market Of Bucharest Stock Exchange

Appraisal & Valuation, a company providing appraisal, consulting and real estate development services and famous on the market for NAI Romania brand, marked its debut on Thursday (September...

Ecaterina Craciun · 02.09.2021 · 17:10 · 3 min
Colliers: Romania Property Investment Market Drops In 2021 In Line With Trend In CEE
Real Estate

Colliers: Romania Property Investment Market Drops In 2021 In Line With Trend In CEE

Romania's property investment market drops in line with the trend in Central and Eastern Europe (CEE), but the activity and perspectives remain favorable, per a report of real estate consult...

Ecaterina Craciun · 31.08.2021 · 17:56 · 2 min
Reff & Asociatii Assists Speedwell In Refinancing EUR12M Loan Granted By BRD For Record Park Offices Project
Real Estate

Reff & Asociatii Assists Speedwell In Refinancing EUR12M Loan Granted By BRD For Record Park Offices Project

Law firm Reff & Asociatii, member of the Deloitte Legal global network, has provided legal assistance to Belgian-held real estate developer Speedwell in refinancing the loan granted by BRD G...

Ecaterina Craciun · 30.08.2021 · 16:50 · 1 min
One United Properties Turnover Up 96% To RON434M, Profit Up Over Threefold To RON147M In 1H/2021
Real Estate

One United Properties Turnover Up 96% To RON434M, Profit Up Over Threefold To RON147M In 1H/2021

One United Properties, one of the most active developers of residential, office and mixed-use projects in capital Bucharest, had a turnover of RON434 million in the first half of 2021, up 96...

Ecaterina Craciun · 30.08.2021 · 11:52 · 1 min
Bucharest’s 10 Biggest Shopping Malls Raked in RON214M Losses in 2020
Real Estate

Bucharest’s 10 Biggest Shopping Malls Raked in RON214M Losses in 2020

The ten companies managing Bucharest’s largest shopping centres, occupying a total area of above 740,000 square metres, ended 2020 with overall losses of RON214 million.

Alina-Elena Vasiliu · 30.08.2021 · 10:36 · 1 min