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PwC: Romania Real Estate Prices Nearly 40% Below Prices Of 2008 Boom Period
Real Estate

PwC: Romania Real Estate Prices Nearly 40% Below Prices Of 2008 Boom Period

Prices on the Romanian real estate market remained 30-40% below the prices registered during the period of the real estate boom in 2008, despite a constant increase in asset prices over the...

Ecaterina Craciun · 10.12.2018 · 14:15 · 1 min
OTP Chairman Sándor Csányi Plans To Develop Real Estate Projects In Oradea
Real Estate

OTP Chairman Sándor Csányi Plans To Develop Real Estate Projects In Oradea

Sándor Csányi, one of the richest men in Hungary and also the chairman of OTP Bank has real estate operations in Romania, having got two plots of land for future developments in Oradea.

Loredana Frățilă-Cristescu · 07.12.2018 · 09:40 · 1 min
Sportisimo To Open Store Within Shopping Center Botosani, Reaching 16 Units In Romania
Retail&Consumer

Sportisimo To Open Store Within Shopping Center Botosani, Reaching 16 Units In Romania

Czech sporting goods retailer Sportisimo, which has been operating on the local market for three years, will be opening a store within Shopping Center in Botosani until the end of 2018, reac...

Ecaterina Craciun · 06.12.2018 · 15:57 · 1 min
Supermarkets and Apartments Replace Car Showrooms in Prime Locations in Bucharest
Automotive

Supermarkets and Apartments Replace Car Showrooms in Prime Locations in Bucharest

Car showrooms used to be located in areas rather far from the city center or in the outskirts 15 to 20 years ago, but the expansion of Bucharest has led to them being surrounded by new retai...

Loredana Frățilă-Cristescu · 06.12.2018 · 07:00 · 1 min
NEPI Rockcastle Opens EUR40M Shopping Center In Satu Mare
Real Estate

NEPI Rockcastle Opens EUR40M Shopping Center In Satu Mare

NEPI Rockcastle, the largest player on the local real estate market and the largest shopping mall owner in Romania, on Wednesday inaugurated the Shopping City retail center in Satu Mare (nor...

Ecaterina Craciun · 05.12.2018 · 16:05 · 1 min
Romania Registers 46,513 Real Estate Deals in November
Real Estate

Romania Registers 46,513 Real Estate Deals in November

The number of real estate deals in Romania stood at 46,513 in November, 6,325 fewer compared with October, according to the national cadastre agency ANCPI.

Oana Gavrila · 05.12.2018 · 10:32 · 1 min
P3 Buys Land Near Bucharest To Build 2nd Logistics Park In Romania
Real Estate

P3 Buys Land Near Bucharest To Build 2nd Logistics Park In Romania

Czech logistics space developer P3 Logistic Parks has bought a 16-hectare plot of land in Dragomiresti Vale, in Bucharest's north-western area, where it will build a new logistics park cover...

Ecaterina Craciun · 04.12.2018 · 16:16 · 1 min
C&W Echinox: Property Deals on Romanian Market Topped EUR4B in Past 5 Years
Real Estate

C&W Echinox: Property Deals on Romanian Market Topped EUR4B in Past 5 Years

Romania's local property market transactions amounted to EUR4 billion over the past five years and the most active buyers were South-African investors (28%), followed by Greeks (14%), French...

Oana Gavrila · 04.12.2018 · 14:58 · 1 min
Bucur SA To Complete 1st Phase Of Bucur Retail Park Project This Week
Companies

Bucur SA To Complete 1st Phase Of Bucur Retail Park Project This Week

Romanian company Bucur SA will complete this week the first phase of the Bucur Retail Park project developed in Bucharest’s Drumul Taberei-Militari area. The project is structured on three p...

Ecaterina Craciun · 03.12.2018 · 19:23 · 1 min