Real Estate
Kingfisher Buys Praktiker Romania DIY Chain
Britain's Kingfisher plc, which owns Brico Depôt Romania, announced it has reached an agreement to take over 100% of do-it-yourself chain Praktiker Romania SRL.
Asking Prices for Housing in Romania Grew 3.1% in 2Q/2017
Asking prices of homes for sale in Romania grew by 3.1% on average in the second quarter of the year, with the highest prices per square meter in Cluj-Napoca, followed by Bucharest, accordin...
Teraplast Profit Falls 59% in 1H/2017, to RON7.89M
PVC processor Teraplast reported a net profit of RON7.89 million for the first six months of the year, 59% lower than in the same period last year.
Wipro Technologies Leases 4,000 Sqm In Globalworth Tower To Launch New Services
Globalworth, the real estate investment fund controlled by Ioannis Papalekas, has signed lease contracts for an additional 16,600 square meters of gross leasable area (GLA).
Immochan Taps Office Space Market In Brasov, Takes Over Coresi Business Park Buildings
Immochan Romania is acquiring the Coresi Business Park compound from real estate developer Ascenta Management, within the mixed-use project in Brasov (central Romania), where it developed bo...
C&W Echinox: Romania’s Industrial & Logistics Space Stock Expected To Reach 3 Mln Sqm By End-2017
Romania’s industrial and logistics space stock currently stands at 2.65 million square meters and is expected to reach 3 million sqm by the end of 2017, according to a report by Cushman & Wa...
Colliers: 2017- Best Year Of Post-Crisis Period For Romania Real Estate Investments
Real estate investments in Romania exceeded EUR400 million in the first half of 2017 and are expected to reach EUR1 billion by the end of 2017, according to a study released by real estate c...
Globalworth To List EUR550M Bonds On Bucharest Stock Exchange As Of July 31
Real estate investment company Globalworth will be listing EUR550 million worth of bonds on the Bucharest Stock Exchange, as of July 31.
Dedeman Plans To Buy Only First Three Buildings Of AFI Park Project
Brothers Dragos and Adrian Paval, who own the DIY retail chain Dedeman, no longer want to buy the five buildings of the AFI Park office project, from Africa Israel group, but only the first...