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Dedeman Buys The Office In Cluj In Largest Deal Ever Sealed So Far Outside Bucharest
Companies

Dedeman Buys The Office In Cluj In Largest Deal Ever Sealed So Far Outside Bucharest

Brothers Adrian and Dragos Paval, the founders of do-it-yourself retailer Dedeman, the largest Romanian entrepreneurial business, have signed the contract to buy The Office in Cluj-Napoca fr...

Ecaterina Craciun · 30.04.2019 · 10:29 · 1 min
Imobiliarium: Luxury Homes In Bucharest See 2% To 5% Price Declines
Real Estate

Imobiliarium: Luxury Homes In Bucharest See 2% To 5% Price Declines

The luxury home segment saw price decreases of 2% to 5% in some of Bucharest’s districts and more attractive offers are seen in northern Bucharest, in the city’s first, second and third dist...

Ecaterina Craciun · 25.04.2019 · 13:33 · 1 min
Colliers: Companies Lease 105,000 Sqm of Office Space in Bucharest in 1Q/2019
Real Estate

Colliers: Companies Lease 105,000 Sqm of Office Space in Bucharest in 1Q/2019

Activity on the Bucharest office market started with moderate results in the first quarter of 2019, with total demand of 105,000 sqm, of which net demand accounted for 29,000 sqm, and delive...

Oana Gavrila · 24.04.2019 · 12:12 · 1 min
Developers Working on 55,000 Apartments in Bucharest
Real Estate

Developers Working on 55,000 Apartments in Bucharest

A number of 318 residential projects offering more than 55,000 homes are currently under construction in Bucharest, real estate consultant Crosspoint data show.

Loredana Frățilă-Cristescu · 23.04.2019 · 06:00 · 1 min
ING Romania To Move Its Bucharest HQ To Blue Rose Office Park As Of Sept 1
Real Estate

ING Romania To Move Its Bucharest HQ To Blue Rose Office Park As Of Sept 1

ING Bank will consolidate its operations and move its central headquarters in capital Bucharest to Blue Rose Office Park, the latest project of Portland Trust, which is under development in...

Ecaterina Craciun · 22.04.2019 · 21:18 · 1 min
Analysis: Romania Housing Prices At 2010 Level
Real Estate

Analysis: Romania Housing Prices At 2010 Level

In the first quarter of 2019, prices of residential properties inched up 0.8% compared with the last quarter of 2018, according to a market report by Analize Imobiliare.

Ecaterina Craciun · 22.04.2019 · 20:41 · 2 min
Kaufland Bought 40 Plots of Land for Expansion over Next Four Years
Real Estate

Kaufland Bought 40 Plots of Land for Expansion over Next Four Years

Kaufland, the leader of the local retail by sales, has 40 plots of land it bought in order to open ten stores a year in 2019-2022, market sources told ZF. The network currently numbers more...

Loredana Frățilă-Cristescu · 22.04.2019 · 00:00 · 1 min
Turkey’s Caba Group To Invest EUR100M In Second Phase Of 102 The Address Project
Real Estate

Turkey’s Caba Group To Invest EUR100M In Second Phase Of 102 The Address Project

Turkish real estate developer Caba Group said it will invest over EUR100 million in developing the second phase of the 102 The Address project, a mixed-use building (residential-office-retai...

Ecaterina Craciun · 19.04.2019 · 14:25 · 1 min
Carturesti To Open Bookstore On Groundfloor Of America House Office Building In Bucharest
Companies

Carturesti To Open Bookstore On Groundfloor Of America House Office Building In Bucharest

Bookstore chain Carturesti of entrepreneurs Nicoleta Dumitru and Serban Radu, will be opening a bookstore on the ground floor of America House office building, located in Bucharest’s Victori...

Ecaterina Craciun · 18.04.2019 · 13:24 · 1 min