Real Estate
Catinvest Invests EUR3M In Expanding TOM Shopping Mall In Constanta By 3,500 Sqm
French real estate group Catinvest has invested EUR3 million in expanding by 3,500 square meters the surface area of TOM shopping center in Constanta (south-eastern Romania), which marks the...
Vastint Set to Develop Residential Project with Schools, Retail and Office Space in Sisesti Area of Bucharest
The Vastint Group, which has the same owners as the Inter IKEA group, is taking one step further towards the completion of the residential project that may be worth as much as EUR1 billion t...
Doraly Rents New Pavilion to Danish Retailer Jysk After EUR1M Investment
Doraly Expo Market, one of the largest retail parks in Romanial locate din Afumati, near Bucharest, has rented one of its three new pavilions opened this year to Danish furniture retailer Jy...
Dedeman To Acquire Letea Bacau Platform for EUR3.16M
Bacau-based Dedeman group will acquire the industrial platform of former paper mill Letea Bacau for EUR3.16 million and plans to develop a business hub on the site.
Premium Property Prices Exceed EUR4,000/Sqm, Way Above Level Of Real Estate Boom Period
The average price of ultra-premium properties reached the highest level per square meter for a housing unit, namely, EUR4,170, way above the level before the period of the real estate boom,...
Romania Registers 44,456 Real Estate Deals in May 2019
The number of real estate deals in Romania stood at 44,456 in May 2019, 3,645 more compared with April 2019, according to the national cadastre agency ANCPI.
Romanian Stefan Csordas Buys Seven Re/Max Franchises To Start Realty Business Locally
Stefan Csordas, a Romanian settled in Portugal, has bought seven RE/MAX franchises in order to open seven real estate offices in Romania, under the RE/Max Gold brand.
Net Investment in Romania Grows 5.7% YoY in 1Q/2019
Net investments in the Romanian economy grew 5.7% in the first quarter of 2019, compared with the first quarter of 2018, to RON17.3 billion, data from the country's statistics board showed F...
C&W Echinox Takes Over Management Of Office Building Eminescu Office In Bucharest
Real estate consulting firm Cushman & Wakefield Echinox has been designated to administer office building Eminescu Office, which has been recently completely in capital Bucharest, in the vic...