Real Estate
Belgium’s WDP Invests EUR75M In Four New Properties In Romania, Reaches EUR450M Real Estate Portfolio
Belgian logistics space developer Warehouses DePauw (WDP), present in Romania through the company WDP Development Ro, bought a surface area of nearly 130,000 square meters of real estate pro...
Seven Construction And Real Estate Companies Make Over RON100M Revenue With Fewer Than 50 Employees
Seven of the top 50 companies with construction and real estate operations by 2017 revenue reported having fewer than 50 employees each, National Trade Registry Office data sent to ZF show.
C&W Echinox: Over 60 Ha of Land Transacted in Bucharest in Jan-Sept
Land in Bucharest continued to attract the interest of real estate developers this year and lots with a total surface of over 60 hectares were transacted in the first nine months, allowing t...
Portland Trust Buys 16,000 Sqm Plot Near Bucurestii Noi Blvd
Real estate developer Portland Trust has bought a 16,000 square meter plot on Jiului Street near Bucurestii Noi Boulevard in NW Bucharest in a deal put at EUR5 million to EUR6 million, accor...
Paval Brothers Own 59% of Cemacon Through PIF Industrial, Dedeman
Dragos and Adrian Paval control 59% of brick manufacturer Cemacon Cluj (CEON.RO) through their companies PIF Industrial and Dedeman.
Danubius Invests EUR4M to Upgrade Faget Hotel in Sovata, Central Romania
Hungarian group Danubius will be shutting down its two-star Faget hotel in Sovata, central Romania, and will invest over EUr4 million in upgrading it to three-star status.
Romania Sees 40,576 Real Estate Deals in August
The number of real estate deals in Romania stood at 40,576 in August 2018, 16,410 fewer than in August 2017, according to the national cadastre agency ANCPI.
Turkey’s Caba Group Builds 273 Apartments In Bucharest In EUR50M Investment
Turkish real estate developer Caba Group has started an investment of EUR50 million in residential project 102 The Address, which comprises 273 two, three and four-room apartments due for co...
Immofinanz AG Takeover of Immo Gets Antitrust Clearance
Romania’s Competition Council has cleared the deal whereby Immofinanz AG acquires real estate company S Immo AG and the five companies it owns, the antitrust body said Thursday.