Real Estate
Czech Group Daramis To Complete EUR12M Investment In Vita Bella Residential Compound, In 2018
Czech group Daramis will be completing this summer an investment of EUR12 million in Vita Bella project, located in Pipera area, a residential compound acquired in 2017 and included in a mod...
NEPI Rockcastle 2017 Rental Income In Romania 10% Higher At EUR147M
South-African real estate developer NEPI Rockcastle, which owns shopping malls Promenada and Mega Mall in capital Bucharest, registered rental income of EUR147 million in 2017 from its prope...
Timpuri Noi Square Attracts Three New Tenants, Total Number Of Employees Reaches 3,000
Companies VWR International, A.G. Radio Holding and Zitec have leased 4,500 square meters of office space within Bucharest-based mixed development compound Timpuri Noi Square, developed by V...
Revetas Capital About To Buy Landmark Office Buildings From Piraeus Bank
Piraeus Bank is about the sell the Landmark office buildings in Piata Romana area to real estate asset manager Revetas Capital, ZF has learnt.
RE/MAX Eyes EUR2.8M Turnover, 50% Rise In Number Of Offices, Agents In 2018
Real estate agency franchise RE/MAX Romania expects a 40% increase in turnover in 2018, up to EUR2.8 million, compared with a 25% rise a year before. The company also plans to keep developin...
Globalworth Set To Invest EUR150M In Romania In 2018
Globalworth Real Estate Investments, the largest owner of office space in Romania, plans to invest EUR150 million on the local market and is considering buying new office buildings, construc...
Globalworth Launches New Bond Issue, Worth A Total EUR550M, On Bucharest Stock Exchange
A new issue of bonds of real estate investment company Globalworth will start trading on the Main Market of the Bucharest Stock Exchange, on May 18.
AFI Europe Posts 12% Growth in Operating Revenue, to EUR13.6M in 1Q
Real estate developer and investor AFI Europe reported a net operating revenue of EUR13.6 million from its revenue-generating properties in Romania, 12% more than in the same quarter of 2017...
CBRE: Top 3 Transactions on Romanian Property Market Total EUR300M
The top three transactions on the Romanian property market in 2018 total EUR300 million and targeted retail and office spaces, a study by real estate consultancy firm CBRE showed Thursday.