Real Estate
Sameday Courier Founder Invests in RE/MAX Franchise
Romanian businessman Octavian Badescu, who founded delivery service company Sameday Courier, has invested in a real estate franchise in Bucharest, RE/MAX Freedom Group.
BRD May Grant Subsidized Mortgage Loans Totaling RON315M
Romanian lender BRD-Groupe Société Générale has been assigned a new cap, of RON157.7 million, and may grant new mortgage loans totaling RON315.4 million under the government-subsidized First...
Globalworth Pays EUR38M For C Building Of Green Court Bucharest
Real estate investment firm Globalworth Real Estate Investments has acquired the third (“C”) building of office campus Green Court Bucharest, developed by Sweden’s Skanska, and the gross val...
Real Estate Investor Oasis Takes Out EUR8.5M For Retail Investments
Real estate developer Oasis Retail & Development Consulting, held by two businessmen in Sibiu, Klaus Reisenauer and Kurt Wagner, took out a EUR8.5 million loan from Raiffeisen Bank Romania t...
Oasis Retail & Development Gets EUR8.5M Loan from Raiffeisen
Real estate developer Oasis Retail & Development Consulting obtained a loan of EUR8.5 million from Raiffeisen Bank Romania to refinance its Prima Shops projects in Oradea and Mangalia.
EBRD Invests EUR50M In EUR550M Bond Issued By Globalworth, Active On Romanian Realty Market
In a fresh boost to Romania’s capital markets, the European Bank for Reconstruction and Development (EBRD) has invested EUR50 million in a EUR550 million bond issued by Globalworth Real Esta...
EBRD Launches EUR100M Energy Efficiency Framework For Romanian Homes
The European Bank for Reconstruction and Development (EBRD) launched on Tuesday, June 27, the program Green Economy Financing Facility (GEFF), worth EUR100 million, to finance investments in...
Globalworth In Talks With Amazon For 10,000 Sqm In Pipera Campus
World’s largest retailer Amazon is about to sign a lease for 10,000 square meters of office space in the Globalworth Campus in Bucharest, and may go to as much as 12,000 square meters.
Bilka Steel Owner: Romania’s Residential Construction Market Could Grow Over 10% By End-2017
Romania’s residential constructions market could see an increase of over 10% by the end of 2017, according to Horatiu Tepes, owner of Brasov-based metal roofing manufacturer Bilka Steel.