Real Estate
Elbit Puts Radisson Blu Hotel In Bucharest Up For Sale
Israeli-held Elbit group has notified the NASDAQ market about the signing of an agreement to sell the Radisson Blu hotel in Bucharest.
Impact Developer&Contractor Allots RON10.5M For Share Repurchase, Equivalent Of 2.5% Of Capital
Real estate developer Impact Developer&Contractor will launch, next week, a program for the repurchase of maximum seven million shares, the equivalent of 2.52% of the share capital and the a...
Romania Sees Steepest Annual Decline In Construction Production In EU In June 2017
Romania registered the steepest decline, of 6.3%, in production in construction in the European Union, year-on-year in June 2017, being followed by Slovakia (-0.3%), Eurostat, the statistica...
Bucharest Falls Nine Spots To 181st In Ranking Of Most Expensive Cities For Expats
Romania’s capital Bucharest has fallen nine spots in a ranking of most expensive cities for expatriates, down to 181st among 209 cities on five continents, according to the annual Cost of Li...
C&W Echinox: Retail Leads In More Dynamic Romanian Market in 1H/2017
Investments in commercial property in Romania grew 43% in the first six months of 2017, to approximately EUR530 million, driven especially by the retail property segment, according to a repo...
Iridex Group Sold Half of Grunenpark Apartments in Construction Stage
Real estate developer Iridex Group has sold half of the apartments in its Grunenpark residential development in Bucharest.
Auchan Buys 32,000 Sqm Plot In Timisoara For EUR7.25M
Auchan group bought a 32,000-square meter plot in Timisoara east side from Israeli-held Plaza Centers for EUR7.25 million, a report to the London Stock Exchange reads.
140,000 Sqm Of Office Space To Be Delivered In Bucharest By Yearend
Five office space developments offering more than 140,000 square meters will be delivered in Bucharest in the second half, taking the total office space stock in the city to almost three mil...
Romania’s Residential Market Backs Increase In ACC Sales
The effervescence of the residential segment, mainly though constructions erected from scratch, which was felt again starting 2016 and continued in 2017, was also seen over the last year in...