Real Estate
NEPI Rockcastle To Refurbish Mega Mall Food Court Area for EUR3.5M
NEPI Rockcastle, leader on the retail real estate market in Central and Eastern Europe, will invest EUR3.5 million in refurbishing the food court and entertainment area in Bucharest's Mega M...
Portland Trust And Ares Management Sell Oregon Park Office Compound To Lion’s Head Investments
Lion’s Head Investments, a company resulted from a joint-venture association between Old Mutual Property and AG Capital, carried out the first transaction on the Romanian market, through the...
JLL Secures EUR11M Loan To Refinance World Bank HQ in Bucharest
Real estate service firm JLL has secured EUR11 million from Intesa Sanpaolo Bank Romania to refinance the Lascar 31 Business Center Bucharest on behalf of the manager of the project, ForeVes...
Bosch Invests EUR7M in Office Building in Blaj
German group Bosch started construction works for an administrative building near its production unit in Blaj, Alba county, an investment of EUR7 million.
C&W Echinox: Starbucks To Open New Unit in Bucharest Campus 6.1 Building
US-held coffeehouse chain Starbucks will open a new unit in Bucharest in the Campus 6.1 office building in the Central West area of Bucharest in the proximity of the Polytechnic University,...
Hagag Development Europe Plans To Build Luxury Apartments In Former Petrom HQ In Bucharest
Real estate developer HAGAG Development Europe, which is currently developing a residential project in Pipera area, wants to develop two new luxury apartment projects on Bucharest’s Calea Vi...
Skanska Sells Campus 6.1 Office Building in Bucharest to CA Immo for EUR53M
Austrian real estate developer CA Immo has acquired Campus 6.1 office building in Bucharest from Swedish developer Skanska for approximately EUR53 million, it said in a statement Monday.
Survey: Construction Materials Market Could Reach RON30B in 2018
The Romanian construction market had a positive evolution in 2017 and figures for the first quarter of 2018 show promise, according to a survey conducted by KeysFin, ordered by Arabesque, th...
Nearly 40% of Funds for State-Backed Mortgage Loan Program Depleted
Nearly 40% of this year's RON2 billion state guarantee budget for the government-backed First Home program has been depleted, said guarantee fund general manager Alexandru Petrescu.