Real Estate
Skanska To Complete Office Project Campus 6 In 2022; First Building To Be Ready In 2018
Sweden’s real estate developer Skanska, the developer of office project Campus 6, located in central-western Bucharest, in the vicinity of Politehnica University, will sign, at the end of th...
Developer Working With Kaufland And Lidl Bought 12,000 Sqm Of Former Policolor Site
Romanian paint and coatings manufacturer Policolor has sold 12,000 square meters of its former site on the Theodor Pallady Boulevard in Bucharest to ERES - Entire Real Estate Solutions compa...
Bucharest Feels Threat Of Other Cities. Major Companies Pick Cluj
The real estate market in Romania is going through a time of ebullience, but real estate developers should remain moderate to avoid a similar collapse to 2008, at the onset of the economic c...
MedLife Moves Corporate Headquarters To Building Acquired From Telekom
MedLife (M.RO), the leading private healthcare services provider in Romania, will be moving its corporate headquarters to a building in Bucharest acquired from Telekom, according to MedLife...
Liberty Center Reaches Occupancy Rate Of Over 70%, Announces New Store Openings
The occupancy rate of shopping center Liberty Center exceeded 70% in the last six months after attracting new tenants for 18% of the center’s surface area and is expected to be over 80% occu...
NEPI 1Q Revenue Up Over 50% To EUR45M
South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, on Friday reported 51.3% higher revenue to EUR45 million, for th...
All Five Bankrupt PIC Hypermarkets Finally Sold
All five hypermarkets of bankrupt Romanian-held retailer PIC have found a buyer. France’s Saint Gobain bought the hypermarket in Calarasi, a distribution and transport company bought the sto...
Bucharest Land Market Reached Record Volume of Deals in 2016
The land market in Bucharest reached a new record in 2016, as the total land area transacted was of 110 hectares, the highest volume recorded in the last ten years, according to a report by...
BNP Paribas: Developer WDP Buys 50,000-Sqm Warehouse In Industrial Park Pitesti
WDP (Warehouses De Pauw), one of Europe’s leading industrial developers, is buying a 50,000-sqm land plot in industrial park Oarja-Pitesti, and BNP Paribas Real Estate brokers the transactio...