Real Estate
One United Properties Gets Building Permit for Floreasca Lake Residential Project
Developer One United Properties announced Monday it has obtained a building permits for its Neo Floreasca Lake project, an exclusive residential development on the shore of Floreasca lake in...
AFI Europe Postpones Brasov Mall Opening Due to Pandemic
AFI Europe Romania announced Monday it will reschedule the opening of its AFI Brasov shopping center for fall this year if the general social context allow it.
C&W: Shopping Mall Closures Affect Over 9,000 Stores; E-Commerce May Become The Big Winner On Long Term
Romanian authorities’ decision to temporarily close down shopping centers affects over 9,000 stores that were operating within shopping malls, as each day of closure generates losses as a re...
Colliers: Online Shopping Could Become More Widespread in the Future
Romanians have gained more confidence in online shopping amid restrictions imposed to limit the spread of Covid-19 and this behavior could become habitual for a larger chunk of the populatio...
NEPI Says Romanian Office Sale Cancellation Not Due to Covid-19 Restrictions
Property developer NEPI Rockcastle said Wednesday the sale of its Romanian office portfolio to AFI Europe NV fell through due to a breach of agreement and was not due to current restrictions...
Antitrust Body Looks into Carbo Europe's Takeover of Carbochim
Romania's antitrust watchdog said Wednesday it was looking into Carbo Europe's plan to fully take over industrial abrasives manufacturer Carbochim.
AFI Europe's Acquisition of NEPI Rockcastle's Romanian Office Portfolio Canceled
The EUR300 million deal whereby AFI Europe was to acquire NEPI Rockcastle's office portfolio in Romania has been canceled, AFI said Wednesday in an announcement on the Tel Aviv Stock Exchang...
Sales Of New Homes On Hold, Developers Say
Sales of homes were put on hold a few weeks ago as people are spending more time in their homes and cannot go see homes and there are uncertainties about the economic situation after the COV...
Belgium's Liebrecht &wood Starts Construction Of Its Second Fashion House Outlet Center In Romania
Belgium’s real estate developer Liebrecht & wooD, which owns the West Park Militari in Bucharest, continues its development plan for the second outlet center in Romania, in Cernica, in the v...