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Dedeman’s Paval Brothers Look Into Buying Timisoara-Based ISHO Offices
Companies

Dedeman’s Paval Brothers Look Into Buying Timisoara-Based ISHO Offices

Brothers Adrian and Dragos Paval, the founders of do-it-yourself retailer Dedeman, the largest Romanian entrepreneurial business, are looking into the possibility of buying ISHO Offices in T...

Ecaterina Craciun · 16.04.2019 · 20:21 · 1 min
Coworking Space Concept 3house To Open Its 2nd Center In Bucharest, In EUR1.8M Investment
Companies

Coworking Space Concept 3house To Open Its 2nd Center In Bucharest, In EUR1.8M Investment

3house, a new coworking space concept recently launched by entrepreneurs Vlad Craioveanu and Ilinca Paun, will be opening its second center in capital Bucharest, within the Equilibrium build...

Ecaterina Craciun · 16.04.2019 · 16:01 · 1 min
CBRE Romania 2018 Turnover Up 3% YoY To EUR13M
Companies

CBRE Romania 2018 Turnover Up 3% YoY To EUR13M

CBRE Romania, the largest real estate consulting company in Romania, reported a turnover of EUR13 million in 2018, up 3% year-on-year, and plans to expand in the upcoming years to Southeast...

Ecaterina Craciun · 15.04.2019 · 20:39 · 1 min
CBRE Takes Over Administration Of NEPI Rockcastle’s Three Office Buildings In Bucharest
Companies

CBRE Takes Over Administration Of NEPI Rockcastle’s Three Office Buildings In Bucharest

Real estate consulting firm CBRE has taken over the administration of the three office buildings of South-African real estate developer NEPI Rockcastle in capital city Bucharest, namely, the...

Ecaterina Craciun · 15.04.2019 · 19:39 · 1 min
Dunwell: Romania Industrial Sector Seen Overshooting 4 Million Sqm Of Class A Logistics Projects In 2019
Real Estate

Dunwell: Romania Industrial Sector Seen Overshooting 4 Million Sqm Of Class A Logistics Projects In 2019

The industrial sector could attract up to 750,000 square meters of logistics projects until the end of 2019 and Romania is close to setting a new record, overshooting 4 million sqm of such p...

Ecaterina Craciun · 15.04.2019 · 12:48 · 1 min
Banca Transilvania Expects Slowdown In Romania House Price Increases On Short Term
Real Estate

Banca Transilvania Expects Slowdown In Romania House Price Increases On Short Term

House prices in Romania will see a slowdown in growth rate in the upcoming period, according to estimates by Banca Transilvania analysts.

Ecaterina Craciun · 12.04.2019 · 21:19 · 1 min
Immofinanz Reports EUR48.2M Rental Income From Its Romanian Properties In 2018
Companies

Immofinanz Reports EUR48.2M Rental Income From Its Romanian Properties In 2018

The 15 properties owned by Austrian-held real estate developer Immofinanz in Romania generated rental income of EUR48.2 million in 2018, accounting for 20.3% of the group’s total rental inco...

Ecaterina Craciun · 11.04.2019 · 21:28 · 1 min
Prime Kapital Announces Silk District Project In Iasi; Works May Start Until End-2019
Real Estate

Prime Kapital Announces Silk District Project In Iasi; Works May Start Until End-2019

Real estate developer and investment firm Prime Kapital, established by two of former managers of NEPI Rockcastle, plans to start works on the Silk District project, located in Romania's nor...

Ecaterina Craciun · 11.04.2019 · 19:29 · 1 min
Romanian Construction Market Sees Positive Trend In 2018 And 2019
Real Estate

Romanian Construction Market Sees Positive Trend In 2018 And 2019

Romania’s construction market grew 5.6% year-on-year in 2018 and the number of housing units built throughout 2018 was 12% higher compared with 2017, Wienerberger said in a press statement o...

Ecaterina Craciun · 11.04.2019 · 15:16 · 1 min