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One United Properties At Its Third Major Acquisition This Year
Real Estate

One United Properties At Its Third Major Acquisition This Year

Entrepreneurs Andrei Diaconescu and Victor Capitanu, who own real estate company One United Properties, which specializes in premium and luxury residential projects, bought the plot of land...

Loredana Frățilă-Cristescu · 23.12.2016 · 00:00 · 1 min
Sandor, Mulberry Development: There Is Demand For Office Space In Secondary Cities
Real Estate

Sandor, Mulberry Development: There Is Demand For Office Space In Secondary Cities

Companies are starting to look for modern office space in less ‚traditional’ cities, as new investments in industry or services are made, believes entrepreneur Ovidiu Sandor, CEO of Mulberry...

Loredana Frățilă-Cristescu · 22.12.2016 · 11:00 · 2 min
Immofinanz Rental Income In Romania Up 2.9% To EUR22.9M In FY 2016
Real Estate

Immofinanz Rental Income In Romania Up 2.9% To EUR22.9M In FY 2016

Austrian-held real estate developer Immofinanz reported rental income of EUR22.9 million in Romania in the first half of financial year 2016, up 2.9% on the year, accounting for 14.9% of the...

Ecaterina Craciun · 20.12.2016 · 12:34 · 1 min
Impact Developer&Contractor Signs EUR5.2M Contract For Construction Of Six Buildings In Bucharest
Real Estate

Impact Developer&Contractor Signs EUR5.2M Contract For Construction Of Six Buildings In Bucharest

Real estate developer Impact Developer and Contractor concluded a works execution agreement worth EUR5.2 million with the company Devbon for the construction of six buildings in capital Buch...

Ecaterina Craciun · 20.12.2016 · 11:23 · 1 min
Imobiliare.ro: Interest In New Apartments Tripled In Last Four Years
Real Estate

Imobiliare.ro: Interest In New Apartments Tripled In Last Four Years

Interest in acquiring apartments has increased over the last four years in all big cities in Romania, according to an analysis presented on Monday by web portal Imobiliare.ro.

Ecaterina Craciun · 19.12.2016 · 17:26 · 2 min
Eurostat: Romanian Construction Output Up 1% YoY In October
Real Estate

Eurostat: Romanian Construction Output Up 1% YoY In October

Romania’s production in the construction sector rose 1% in October, compared with October 2015, according to the EU's statistics office Eurostat.

Gabriela Stan · 19.12.2016 · 14:54 · 1 min
NEPI, Rockcastle Close Merger Agreement
Real Estate

NEPI, Rockcastle Close Merger Agreement

South-African investment fund New Europe Property Investments (NEPI), present on the Romanian market, and South-African group Rockcastle, closed an agreement for their merger in an entity ne...

Gabriela Stan · 14.12.2016 · 12:12 · 1 min
Real Estate

CBRE: Office Space Stock Exceeds 2.5 Mln Sqm In Capital Bucharest

Office space stock in Bucharest exceeded 2.5 million sqm, while another 80,000 sqm will be delivered by the end of the year, according to the latest CBRE data.

Gabriela Stan · 13.12.2016 · 14:33 · 1 min
NEPI Invests EUR20M In Expansion Of Shopping City Sibiu In 2017
Retail&Consumer

NEPI Invests EUR20M In Expansion Of Shopping City Sibiu In 2017

South-African investment fund New Europe Property Investments (NEPI) will invest EUR20 million next year in the modernization and expansion of retail center Shopping City Sibiu.

Gabriela Stan · 08.12.2016 · 12:20 · 1 min