Real Estate
Government Replaces ROBOR with New Reference Index for State-Sponsored Lending Programs
Romania's government on Thursday adopted a draft decree replacing the reference index used to calculate variable interests on state-sponsored lending programs, finance minister Eugen Teodoro...
Dedeman Net Profit Tops RON1B in 2018
DIY retailer Dedeman had a profit of RON1.013 billion in 2018, up 14% on the year, and its turnover stood at RON7.22 billion, up 14% compared with 2017.
C&W Echinox: Three IT Companies Lease 6,500 Sqm of Offices in Cluj-Napoca
Real estate consultancy firm Cushman & Wakefield Echinox brokered three leases of office spaces in Cluj-Napoca with a total area of 6,500 square meters in the first quarter for three IT comp...
Dunwell: Cluj-Napoca, The City With Highest Prices Of Land For Industrial Developments In Romania
Cluj-Napoca has become the city with the most expensive plots of land for industrial developments in Romania, because prices are almost double than the prices of a location in capital Buchar...
Reff & Asociatii Law Firm Relocates to The Mark Office Project in Bucharest
Law firm Reff & Asociatii, member of the Deloitte Legal global network, has moved its office to The Mark project built by Austrian developer S Immo in Bucharest.
Imotrust Arad Plans To Sell Land In Cluj Napoca For EUR2.25M
Imotrust Arad, which operates in the real estate sector, plans to sell a plot of land of 44,505 square meters in Cluj Napoca, at a total price of EUR2.25 million, VAT not included, namely, E...
Immofinanz Rental Income in Romania at EUR12.6M in 1Q/2019
Austrian property developer Immofinanz had revenues of EUR12.6 million in the first quarter from renting its 17 office and retail properties in Romania, assessed at EUR634 million, it said i...
Element Industrial Invests EUR35M In 60,000 Sqm Logistics Project In Craiova
Real estate developer Element Industrial, held by Ionut Dumitrescu and Muler Onofrei, announced investments of EUR35 million in a 60,000-square meter logistics park in Craiova, in the vicini...
Cordia Buys 18,000 Sqm Land in Bucharest for Residential Development
Hungarian-held Futureal group, via its local division Cordia Romania, has bought a plot of land of 18,000 square meters on the shore of Lake Grivita in Bucharest for an estimated EUR1-2 mill...