Real Estate
JLL: Real Estate Investments In Romania Expected To Overshoot EUR1.1B In 2020
The volume of real estate investments is expected to exceed EUR1.1 billion in 2020, considering that transactions of over EUR700 million have already been signed or undergoing due diligence,...
Lotus Center Becomes Largest Shopping Center Owner In Oradea After Acquiring Oradea Plaza
Lotus Center, a company majority held by the Mudura Family, has recently acquired the Oradea Plaza compound included in the portfolio of real estate developer Portico Investments Romania, be...
Ioannis Papalekas Exits Globalworth For EUR280M
Ioannis Papalekas, CEO and founder of Globalworth, has sold all his shares in this business to Czech investor Radovan Vitek and Dimitris Raptis, deputy CEO, sold 40% of his stake, while the...
Unisem Sells Building in Downtown Bucharest for RON6.8M
Unisem Bucharest, which produces and sells agricultural seeds, has sold a building in downtown Bucharest for RON6.8 million (EUR1.4 million), it said in a report Monday.
Forty Management Sells All Apartments Within Bucharest’s Central District 4 Elemente Project
Forty Management said it had entirely sold the apartments included in the Central District 4 Elemente residential project developed in Bucharest’s Titan area.
Cluj And Timisoara Attracted 10% Of Office Space Rentals In 2019
The new office space projects in Cluj and Timisoara have attracted new companies to regional markets, as the labor market is becoming increasingly competitive.
C&W Echinox: Real Estate Deliveries Topped 1 Million Sqm in 2019
Real estate developers delivered offices, retail spaces and logistic parks totaling over 1 million square meters in 2019, according to a report by real estate consultancy firm Cushman & Wake...
Sorin Apostol Appointed General Manager Of Impact Developer & Contractor
The Board of Directors of real estate developer Impact Developer&Contractor (IMP.RO) has appointed Sorin Apostol as general manager of the company, effective February 1, 2020, as per a stock...
Iulian Dascalu Offers EUR23.5M for 31% in Carbochim
Real estate developer Iulius, owned by Iulian Dascalu, is offering RON23.5 million to acquire 31% of industrial abrasives manufacturer Carbochim (CBC.RO) via Carbo Europe in an offer on the...