Real Estate
EY: Romanian M&A Market Down 50% In 1H/2016
The Romanian M&A market size has decreased by nearly 50% in the first six months of 2016, to $1.1 billion, from $2.1 billion in the year-earlier period, according to EY M&A Barometer.
Belgian Group Buys Shopping Galleries Of Electroputere Mall In Craiova
Belgian developer Belvir, part of Catinvest group, which owns and operates shopping malls in France and Romania, bought the shopping galleries of Electroputere mall in Craiova, totalling 28,...
CBRE: Over 900,000 Sqm Of New Office Space To Be Delivered In Bucharest By End-2018
Over 294,000 square meters of Class A office space will be delivered this year in capital Bucharest, within 16 real estate projects, and nearly half of total office space already delivered (...
Luca Prest Invests EUR7.5M In Residential Compound In Cluj Napoca
Construction company Luca Prest will invest EUR7.5 million in residential compound Grand Hill Residence in Cluj Napoca, due to the increasing demand for apartments on the backdrop of labor m...
British Romanian Investment Partnership Invests EUR10M In New Residence Bucuresti Project
British Romanian Investment Partnership company, part of UK investment fund ARDC (UK) Ltd, will invest EUR10 million in its second residential project in Romania, New Residence Bucuresti.
Two Firms Controlled By SIFs Plan To Develop Real Estate Project In Bucharest
Two companies listed on the alternative trading system AeRO of the Bucharest Stock Exchange, namely, Unisem and SIF Imobiliare (through SIFI Properties), both held by regional investment fun...
Argo Capital Property Invests EUR33M In Expansion Of Era Park Shopping Center In Iasi
Argo Capital Property, one of the largest owners, developers and operators of shopping centers in Central and Eastern Europe, will extend Era Park shopping center in Iasi city by a laesable...
Napochim Imobiliare Takes Out RON8M From Its Majority Shareholder
Real estate company Napochim Imobiliare Cluj-Napoca (NCHI.RO) took out a loan of RON8 million from its majority shareholder Perpetuum Impex, for a one-year period, which will be used to deve...
BitDefender Leases 2,300 Sqm In United Business Center 1 In Palas Iasi
The company Iulius closed a partnership with internet security software company Bitdefender whereby the latter leased 2,300 square meters in Class A office building United Business Center 1...