Real Estate
Developers to Add 250,000 Sqm of Retail Space in Malls in 2019
Real estate developers plan to add 250,000 square meters of malls in Romania by the end of 2019. Only three new projects should be completed this year, in Sibiu, Targu Mures and Balotesti (I...
Sonae Sierra Sees Romania as Growing Market, Wants to Expand Portfolio in the Country
Portuguese-held real estate investment company Sonae Sierra, one of the two developers of the Park Lake Mall in Bucharest, says it plans to expand with new projects in Romania, as the local...
Romania Recovers 224 Ha of Land in Bucharest Housing US Embassy
A 224-hectare plot of land dispute din the case in which businessman Puiu Popoviciu was sentenced to seven years in prison will be repossessed by the Romanian state, the Bucharest Court of A...
Office Buildings Attract Significant Residential Investments Nearby
As Bucharest is becoming increasingly crowded, incomes rise, and plots of land become available near office space complexes, developers have started investing in residential projects or even...
Turkish Men’s Clothing Brand KiP Opens Its First Store In Romania, In ParkLake Shopping Mall
Turkish men’s clothing brand KiP, established in 1978, has opened its first store in Romania, within Bucharest-based ParkLake shopping mall. The company plans to open two new stores in 2019,...
Forte Partners To Build Telekom Romania’s Future Central HQ
Forte Partners, the most active Romanian real estate developer on the local office space market, has bought the Tandem building from telecom operator Telekom Romania, as well as a nearby plo...
Carrefour Leases 80,000 Sqm In Two Warehouses Of Belgium’s WDP
Belgian logistics and industrial space developer Warehouses De Pauw (WDP) will rent out two warehouses with a total area of 80,000 square meters, located in Deva and Brazi (Prahova County),...
Belgium’s WDP Gets EUR150M From EIB For Development Projects In Romania
The European Investment Bank (EIB) is lending EUR150 million to Belgian logistics and industrial space developer Warehouses De Pauw (WDP) to finance the construction of 43 warehouses, all lo...
Skanska Starts Construction Of 2nd Phase Of Campus 6 Project, An EUR76.1M Investment
Swedish real estate developer Skanska is starting the construction of the second phase of the Campus 6 project located in Bucharest’s Orhideea area, an investment estimated at EUR76.1 millio...