Real Estate
Iulius Group Owner Iulian Dascalu Arrives In Bucharest
Iasi businessman Iulian Dascalu has bought several secondary buildings of the Romexpo exhibition complex in northern Bucharest for EUR3 million, via a partnership agreement between Romexpo a...
Businessman Ion Radulea Starts Development Of Mixed-Use Project In Bucharest
Businessman Ion Radulea, the owner of the Sema Parc in Western Bucharest, is investing in an office and residential project part of the former Pumac plant site he owns
CTP Invests EUR15M In New Logistics Park In Cluj-Napoca
CTP, one of the largest investors in logistics and industrial space in Romania, invests EUR15 million in developing a new logistics park in the vicinity of Cluj-Napoca.
Revetas Capital, Owner Of Vitantis Shopping Center, Buys Radisson Hotel In Bucharest
Revetas Capital, an investment fund founded and managed by Eric Assimakopoulos, an American real estate broker who signed EUR1 billion worth of deals before creating Revetas, is close to buy...
Timisoara City Hall Orders Feasibility Study for EUR15M Aqua-Park
The western Romanian city of Timisoara wants to build an aqua-park for EUR10-15 million and will order a feasibility study soon, mayor Nicolae Robu told a press conference Friday.
Globalworth Aims To Become One Of Biggest Regional Players On European Real Estate Market
Real estate investment fund Globalworth, held by Greek businessman Ioannis Papalekas, plans to attract new investors within the company in order to keep funding its acquisitions which also t...
Large Infrastructure Projects Lack Workforce, Say Constructors
Road infrastructure projects, especially highways, can't be done because winning contractors lack the necessary workforce, said Cristian Erbasu, head of the federation of construction compan...
C&W: Four Of Biggest Cities Outside Bucharest Hold Nearly A Quarter Of Capital City’s Overall Office Space
Four of the biggest cities outside capital city Bucharest hold nearly a quarter of the total office space in the capital city, according to data provided by real estate consulting firm Cushm...
Bog’Art To Build Second IKEA Store in Bucharest
Bog’Art, one of the biggest construction companies in Romania, will build IKEA's second store in Bucharest and works start in October, said company general manager Sorin Greu.