Real Estate
Anchor Grup Builds Two Blocks Of Flats In Pallady Towers Residential Compound
Anchor Grup, the company which developed the first shopping mall in Romania, is building two blocks of flats in Bucharest-based Pallady Towers residential compound. The compound will have 20...
Miele Expects RON35M Retail Sales In Romania In 2018
German-held home appliances manufacturer Miele budgeted 35 million lei (EUR7.6 million) sales from retail operations in Romania for next year, up 25% on 2017. The sales will therefore double...
Asking Prices for Housing Decline in Bucharest, Grow in Other Cities in 3Q
Asking prices of home for sale in Bucharest declined but grew in other cities across the country by an average 3.5% in the third quarter compared with the second quarter, according to a repo...
More Than 220,000 People Have Left Romania’s Construction Sector In Past Decade
More than 220,000 employees have left the construction sector in the past ten years, due to the decline in investment in public projects, which attract most workers. Many of them chose to le...
NEPI Rockcastle Invests EUR30M In Expansion Of Shopping City Galati
NEPI Rockcastle, leader on the retail real estate market in Central and Eastern Europe, invests nearly EUR30 million in expanding and modernizing Shopping City Galati and the first brands th...
Romania Sees Over 500,000 Real Estate Deals In January-October 2017
The number of real estate deals in Romania stood at 512,935 in January-October 2017, according to the national cadaster agency ANCPI.
Study: Romania Construction Sector Sees 5.7% Loss In January-July 2017 Despite 5.8% GDP Growth
Despite Romania’s economic growth of 5.8%, the local construction sector saw a 5.7% loss in January-July 2017; the performance over the last months saw an improvement and indices rose by 2.8...
Praktiker, Studio Moderna Relocate HQs to Sema Industrial Park
River Development, the real estate manager and developer of the Sema Office business park and Sema Parc industrial park, has attracted new tenants this year: Mega Image, Praktiker, and Studi...
Impact Selects Managers For Euro-Denominated Corporate Bond Issue
Romanian real estate developer Impact Developer & Contractor (IMP.RO) has selected three brokerage firms to manage its five-year euro-denominated corporate bond issue to be offered on the Bu...