Real Estate
Street Front Retail Space Market In Bucharest Stands At EUR2B
Pacific (Radu Dimofte) and Romarta (Broadhurst) are the largest owners of street front retail space in Bucharest, which they rent to Mega Image, Profi, banks, pharmacies and betting parlors.
EBRD Funds EUR100M Loans To Boost Energy Efficiency In Romania’s Buildings
The European Bank for Reconstruction and Development (EBRD) is launching a program aimed at financing the residential and business sector, through loans of EUR100 million, for the acquisitio...
Antitrust Watchdog Clears Deal Whereby Iulian Dascalu Sold 50% Of Iulius Business To Atterbury Europe
Romania’s Competition Council has approved the association between Iulius Holding, held by businessman Iulian Dascalu and Atterbury Romania, entirely held by investment fund Atterbury Europe...
Real Estate Projects In JLL's Portfolio Could Generate Some 3,000 Jobs
Real estate consulting firm JLL is working on projects that could generate over 2,000 new jobs across Romania and between 1,000 and 1,500 jobs in capital Bucharest, Marius Scuta, national di...
GTC Buys Plot 15,000 Sqm Near Bucharest’s Romexpo For Over EUR10M
Real estate company GTC (Global Trade Center), the owner of the City Gate complex in Piata Presei Libere (northern Bucharest in front of Romexpo) bought a 15,000 square meter plot of land ne...
Construction Works On Third Office Building Of Openville Timisoara Set Off In June 2017
Works on the third office building within multifunctional compound Openville, deemed the highest building in Romania, which is built in western city of Timisoara, started in June 2017 and ar...
Romania Posts Sharpest Decline In Construction Sector, In The EU, In April 2017
Romania registered the sharpest decreases in indicators in the construction sector among European Union member states, in April 2017, compared with the previous month and with the same month...
Pharmaceutical Firm Merck Leases 700 Sqm Of Office Space In C Building Of Green Court Bucharest
Pharmaceutical company Merck is the newest tenant of C building of Bucharest-based office compound Green Court.
Teraplast Buys Additional 10% in Depaco
Teraplast Group, the biggest PVC processor in Romania and of the leading manufacturers of materials for the constructions and installations market will acquire an additional 10% in metallic...