Real Estate
IKEA Wants to Open Third Romanian Store in Timisoara
IKEA is looking to open its third store in Romania just outside Timisoara and has already bought the land in Dumbravita commune.
EBRD, ING Provide EUR96M to CTPark Bucharest for Resource-Efficient Warehouses
The European Bank for Reconstruction and Development (EBRD) and ING Romania are financing real estate developer CTP with EUR96 million for the logistics park CTPark, situated on the A1 Bucha...
David Hay Leaves AFI Europe Romania
David Hay, who has been running the operations of real estate developer AFI Europe Romania over the last seven years, announced his resignation and his intention to seek out other opportunit...
Lidl's Real Estate Company Gets EUR100M Capital From Parent Company
Lidl Romania SCS, which administers the real estate assets of the German group, received a capital injection of EUR100 million in February from the parent company.
S Immo Completes EUR30M Remodel of Bucharest Sun Plaza Shopping Mall
Austrian-held real estate developer S Immo has completed a EUR30 million remodel of its Sun Plaza shopping center in Bucharest.
C&W: Retail Space Deliveries To Accelerate Towards 200,000 Sqm In 2018, But Only Outside Bucharest
Retail space deliveries will accelerate towards 200,000 square meters in 2018, as new projects and extensions are scheduled in ten medium-size towns and cities across Romania, but no signifi...
Bucharest District 5 Partners with World Bank for Local Urban Development
The World Bank Office in Romania and the District 5 City Hall of the Municipality of Bucharest signed a reimbursable advisory service (RAS) agreement to support the implementation of urban d...
Businessman Dragos Bilteanu Plans To Build 40 Apartment Buildings In Bucharest
Businessman Dragos Bilteanu plans to begin development of the West Garden residential project through his H4L Development company this year. The project will be located on the Iuliu Maniu Bo...
Austria's Strabag To Handle Construction Of Ana Tower Office Building
The Ana group of businessman George Copos has signed an agreement with Austria’s Strabag for the construction of Ana Tower office building, scheduled for completion at the end of next year,...