Real Estate
VGP Gets EUR34M Loan from Raiffeisen to Fund Industrial Project in Timis County
VGP Park Timisoara, owned by Belgian industrial property developer VGP, has contracted a EUR34 million loan from Raiffeisen Bank International AG and Raiffeisen Bank SA to refinance an indus...
Dabo Doner Plans To Open 10 Restaurants In Bucharest In 2020
The Dabo Doner chain, a franchise held by businessman Dan Pastiu, has opened its second restaurant in capital Bucharest, reaching a total 45 units in 29 towns and cities, and plans to open t...
NEPI Rockcastle To Open Promenada Sibiu Shopping Mall In EUR100M Investment
NEPI Rockcastle, the largest investor, developer and operator of commercial properties in Central and Eastern Europe, will be opening a new shopping mall, in central city of Sibiu, on Novemb...
Vivre Invests EUR0.5M in Logistics Ahead of Black Friday Sales Campaigns
Online furniture and home decor retailer Vivre, held by local entrepreneurs, has invested EUR500,000 since the beginning of the year in its logistical center network to support its upcoming...
Growth in Housing Prices Slows in September
Asking prices for housing in Romania grew 0.6% in September compared with August, to an average of EUR1,272/sqm from EUR1,264/sqm, a slowdown from a monthly growth of 1.2% recorded in August...
City Hall Needs 425 Years to Make Bucharest Buildings Earthquake-Proof
Romania's capital Bucharest has 2,550 buildings at risk of collapse in case of earthquake and, at the current pace of consolidation works, it would take City Hall 425 years to consolidate al...
NEPI Opens Shopping City Targu-Mures in March 2020
NEPI Rockcastle, the largest investor, developer and operator of commercial properties in Central and Eastern Europe, said Monday it will inaugurate Shopping City Targu-Mures in March 2020,...
Gran Via Completes EUR17M Aviatiei Apartments Project in October
Spanish developer Gran Via Real Estate will be finishing its third residential project in Bucharest in October, Aviatiei Apartments, following an investment of EUR17 million not including th...
Decathlon, Casa Rusu Open Stores in Aushopping Satu Mare
Sporting goods retailer Decathlon and furniture retailer Casa Rusu opened stores Thursday in Aushopping Satu Mare, developed by Ceetrus (formerly Immochan), as the shopping center is investi...