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Impact Developer Sets Up Two Companies; Plans To Build New Residential Compound In Bucharest
Real Estate

Impact Developer Sets Up Two Companies; Plans To Build New Residential Compound In Bucharest

Real estate developer Impact Developer (IMP.RO) is setting up companies Bergamont Developments, engaged in real estate development, and Impact Finance&Developments carrying out activities au...

Ecaterina Craciun · 16.06.2017 · 13:24 · 1 min
Entrepreneur Iulian Dascalu Sells 50% Stake In Iulius Group’s Shopping Malls
Real Estate

Entrepreneur Iulian Dascalu Sells 50% Stake In Iulius Group’s Shopping Malls

Iulius Group, run by Romanian businessman Iulian Dascalu, sold a 50% stake in the shopping malls it holds on the Romanian market, by associating with investment fund Atterbury Europe, with e...

Ecaterina Craciun · 16.06.2017 · 11:03 · 1 min
SIF Moldova Starts EUR34M Real Estate Project In Bucharest
Real Estate

SIF Moldova Starts EUR34M Real Estate Project In Bucharest

The real estate project Baba Novac Residence, developed by Romanian regional investment fund SIF Moldova has recently received the building permit, therefore, works on the 363 apartments in...

Ecaterina Craciun · 15.06.2017 · 13:18 · 1 min
C&W Echinox: Bucharest Logistical and Industrial Space Stock Grew Tenfold in 13 Years
Real Estate

C&W Echinox: Bucharest Logistical and Industrial Space Stock Grew Tenfold in 13 Years

The modern logistic and industrial space stock in Bucharest grew nearly ten times in the past 13 years, to nearly 1.2 million square meters, mainly due to growth in consumption and purchasin...

Oana Gavrila · 14.06.2017 · 17:15 · 1 min
Bucharest And Cluj See Biggest Number Of Real Estate Deals In January-May 2017
Real Estate

Bucharest And Cluj See Biggest Number Of Real Estate Deals In January-May 2017

The number of real estate deals in Romania stood at 234,525 in January-May 2017, according to the national cadaster agency ANCPI.

Ecaterina Craciun · 14.06.2017 · 15:05 · 1 min
Autoliv To Open Engineering Center In Romanian City Of Iasi
Real Estate

Autoliv To Open Engineering Center In Romanian City Of Iasi

Iulius company has concluded a partnership with Swedish Autoliv, the global leader in the manufacturing of automotive safety systems, whereby the local division, Autoliv Romania, will be ope...

Ecaterina Craciun · 14.06.2017 · 13:09 · 1 min
Giant Bond Issue On Bucharest Stock Exchange As Globalworth Seeks To Raise EUR550M
Capital Market

Giant Bond Issue On Bucharest Stock Exchange As Globalworth Seeks To Raise EUR550M

BT Capital Partners, a top five broker in Romania, has been entrusted with the listing of the Globalworth bonds on the Bucharest Stock Exchange within the next 30 days. This is the biggest c...

Loredana Frățilă-Cristescu · 14.06.2017 · 00:00 · 1 min
NEPI To Inaugurate Shopping City Ramnicu Valcea By End-2017
Real Estate

NEPI To Inaugurate Shopping City Ramnicu Valcea By End-2017

South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, has closed a contract with retailer Carrefour, which will be ten...

Ecaterina Craciun · 13.06.2017 · 14:58 · 1 min
Iulius Mall Timisoara Doubled Profit To RON24M In 2016
Real Estate

Iulius Mall Timisoara Doubled Profit To RON24M In 2016

Iulius Mall Timisoara shopping center of businessman Iulian Dascalu doubled profit to 23.8 million lei (EUR5.3 million) in 2016, according to the Finance Ministry website.

Loredana Frățilă-Cristescu · 07.06.2017 · 00:00 · 1 min