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Ten Developers Own More Than EUR5B Real Estate Assets In Romania
Real Estate

Ten Developers Own More Than EUR5B Real Estate Assets In Romania

The ten largest real estate developers in Romania own assets worth more than EUR5.3 billion, according to the latest data ZF analyzed.

Loredana Frățilă-Cristescu · 26.05.2017 · 00:00 · 1 min
Cushman & Wakefield: Romania Ranks Third In Europe By Newest Stock Of Shopping Malls
Real Estate

Cushman & Wakefield: Romania Ranks Third In Europe By Newest Stock Of Shopping Malls

Romania ranks third in a ranking of European countries boasting the newest stock of shopping malls, considering that 82% of shopping centers operational at the end of 2016 have been delivere...

Ecaterina Craciun · 25.05.2017 · 14:35 · 5 min
Sun Plaza Developer: If We Got A Good Price, We Might Sell The Mall
Real Estate

Sun Plaza Developer: If We Got A Good Price, We Might Sell The Mall

A potential sale of Sun Plaza mall in Bucharest is not out of the question, says Friedrich Wachernig, member of the board of Austrian-held developer S Immo, the owner of the shopping center.

Loredana Frățilă-Cristescu · 24.05.2017 · 00:00 · 1 min
Anchor Group Turnover Up Nearly 3% To EUR35M On Year In 2016
Real Estate

Anchor Group Turnover Up Nearly 3% To EUR35M On Year In 2016

Turkish real estate developer Anchor Group, which owns shopping centers Bucuresti Mall and Plaza, registered a turnover of EUR35 million in 2016, up nearly 3% on the year, according to the c...

Ecaterina Craciun · 23.05.2017 · 20:29 · 1 min
Sales Of AFI Palace Cotroceni Retailers Down Nearly 2% To EUR54M In 1Q/2017
Real Estate

Sales Of AFI Palace Cotroceni Retailers Down Nearly 2% To EUR54M In 1Q/2017

Israeli group AFI Europe registered a net operating income (NOI) of EUR8.3 million at its Bucharest-based shopping mall AFI Palace Cotroceni, in January-March 2017, up 2.4% on the year, but...

Ecaterina Craciun · 23.05.2017 · 18:55 · 1 min
Dedeman Owners Close To Signing Agreement To Buy AFI Park 1-5 Office Buildings
Real Estate

Dedeman Owners Close To Signing Agreement To Buy AFI Park 1-5 Office Buildings

The latest round of talks between Africa Israel group and Romanian entrepreneur Dragos Paval over the sale of AFI Park 1-5 near the AFI Cotroceni mall in Bucharest should come near a close i...

Loredana Frățilă-Cristescu · 23.05.2017 · 00:00 · 1 min
Mitiska Reim Starts Works On First Retail Park In Bistrita
Retail&Consumer

Mitiska Reim Starts Works On First Retail Park In Bistrita

Belgian private investment fund Mitiska Reim, specialized in real estate, inaugurated on Monday, in Bistrita, the most recent construction site in Romania where it will open a 13,000-square...

Ecaterina Craciun · 22.05.2017 · 20:07 · 1 min
Furniture Retailer JYSK To Open Store in Bistrita
Retail&Consumer

Furniture Retailer JYSK To Open Store in Bistrita

Furniture and accessories retailer JYSK will open a new store in Bistrita Retail Park, which is expected to open in September 2017, the developer said Monday.

Oana Gavrila · 22.05.2017 · 10:39 · 1 min
Lazar, Senior Partner Colliers Romania: New Generation Occupies Nearly 40% Of Modern Office Space
Real Estate

Lazar, Senior Partner Colliers Romania: New Generation Occupies Nearly 40% Of Modern Office Space

The new generation occupies nearly 40% of the modern office space which is no longer seen as a mere work place, but implies analyses regarding the needs of both employees and companies.

Ecaterina Craciun · 19.05.2017 · 15:09 · 1 min