Real Estate
Cinema One Laserplex Opens Cinema in Aushopping Satu Mare
Romanian cinema operator Cinema One Laserplex has opened a cinema in the Aushopping Satu Mare shopping center developed by Ceetrus (formerly Immochan).
Compa Sibiu Seeks to Enter Hotel Business
Romanian car parts manufacturer Compa Sibiu (CMP.RO) is looking to enter the hotel business and register Compa Hospitality and has summoned a shareholders' meeting for January 14.
Two-Room Apartment Installment Down to Less Than 60% Of Net Average Wage From 250% In 2008
The monthly installment to buy a two-room apartment in Bucharest has dropped to less than 60% of the net average wage in the country in September, from 251% in January 2008, at the peak of t...
Mulberry Development Starts Work on Radisson Blu Hotel in Timisoara
Mulberry Development, owned by local entrepreneur Ovidiu Sandor, has secured a building permit and will start work on a Radisson Blu hotel in the ISHO mixed-use development in Timisoara, wes...
Colliers: Romanian Real Estate Investment Volume Seen at EUR700M in 2019, Lowest in 6 Years
Real estate investment volumes in Romania stood below EUR500 million in the first nine months, similar to last year, as some deals have been postponed for 2020, as it seen reaching EUR600-70...
Didier Balcaen Who Supervised Construction of Unirii View Develops Office and Residential Project in Northern Bucharest
Didier Balcaen, the Belgian executive who runs developer Speedwell, has started a real estate project through Willow Residential that will include both office and residential space on the Ja...
Antitrust Body Looks Into Transaction Of Globalworth Group In Romania Logistics Sector
Romania’s Competition Council is looking into an operation whereby Globalworth group, through Globalworth Holdings Cyprus Limited, and Alf Alf Mizzi & Sons Group, through Alf Mizzi & Sons Ov...
CBRE Romania Discusses Moving Its HQ To One Tower Project In Bucharest As Of 2021
Real estate consulting company CBRE Romania discusses moving its headquarters to One Tower office space project in Bucharest’s Floreasca area, developed by One United Properties, a company f...
Hagag Acquires Office Building in Central Bucharest for EUR9M
Real estate developer Hagag Development Europe, part of Hagag Group of Israel, has acquired an office building in central Bucharest, at 21 Tudor Arghezi street, for over EUR9 million.