Real Estate
Colliers: Office Space Market Will Have To Redefine Itself In Coming Period
Following the recent transformations for companies’ safe return to the office, the office space market will have to continue to redefine itself in the coming period, to provide spaces that p...
Dedeman Posts 15% Turnover Growth in 2019, to RON8.3B
Dedeman, the largest Romanian entrepreneurial business and biggest local DIY chain, posted a turnover of RON8.3 billion in 2019, up 15% on the year, finance ministry data showed.
Romania Registers 32,089 Real Estate Deals In May 2020
The number of real estate deals in Romania stood at 32,089 in May 2020, 5,068 more than in April 2020, and 12,367 fewer than in May 2019, according to the national cadaster agency ANCPI.
Black Sea Fund I Buys into Intermedio General Group
Investment fund Black Sea Fund I, launched at the end of 2018 with over EUR43 million at its disposal for investments, said Monday it bought “a significant share” of interior decorating and...
Forty Management Sells 30% of Retail Space in Residential Project for EUR1.3M
Developer Forty Management, which is currently working on four mixed-use projects, has sold 30% of the retail space in Central District 4 Elemente in southeast Bucharest to an investment fun...
New ibis Styles Bucharest City Center Opens on June 22
The ibis Styles Bucharest City Center hotel will open on June 22, following an investment of EUR10 million. This is the second hotel project of Dentotal group, owned by the Dogariu family, w...
HeidelbergCement Romania Turnover Grows 26% in 2019, to RON1.2B
HeidelbergCement Romania, the local subsidiary of the German construction group, posted 26% growth in turnover in 2019, to RON1.2 billion, finance ministry data showed.
Italian Energy Producer Invests EUR80M in Residential Project in Timisoara, Western Romania
FRI-EL Buildings, a real estate division of Italian renewable energy producer FRI-EL Green Power, will invest over EUR80 million in a residential project with 1,300 apartments in Timisoara,...
Arion Green Buys Global City Business Park in Northern Bucharest
Real estate investment firm Arion Green bought in May the Global City Business Park office compound in the Pipera area, northern Bucharest, from investment fund Global Finance.