Real Estate
Bramac Romania Buys Elpreco Concrete Roof Tile Plant
Bramac Romania has signed a framework agreement for the acquisition of the concrete roof tile plant of Elpreco, based in Craiova, for approximately RON33 million (EUR8 million).
Microchip Technology Extends Lease Contract In AFI Park 1 By Additional 1,000 Sqm
Microchip Technology Romania has extended its office in capital Bucharest by 1,000 square meters by taking over a superior floor in office building AFI Park 1, where approximately 100 new em...
Why ParkLake Runs On Generators: Enel Blames Red Tape, Real Estate Companies Say This Is Not The Only Case
To comply with the deadlines of the major real estate developments, investors have to resort to temporary fixes to compensate for the lack of some utilities, such as electricity or natural g...
AFI Europe To Build 250 Apartments In Bucurestii Noi, Mostly For IT Employees
Real estate developer AFI Europe will start in 2017 the construction of a residential project consisting of 250 apartments, in Bucurestii Noi area in capital city Bucharest, counting on Roma...
Karczewicz (Skanska): Bucharest Office Space Yield Reaches 7.5%
Retail space real estate markets in Romania and Hungary register a new capital flow due to a major difference in terms of yield between Western Europe and Eastern Europe, where the office sp...
First Home Program Guarantee Ceiling To Be Raised In September
The budget for the government-backed mortgage lending First Home program will be raised in September and a five-year strategy for the program will be completed in October, so prospective buy...
Apparel Manufacturer Moncler Rents 33,000 Sqm Facility In Bacau
Italian apparel manufacturer Moncler, which completed a EUR5 million investment in a plant in Bacau County (eastern Romania) in March, has rented 33,600 square meters to use as manufacturing...
Mobile Applications Developer T-Me Studios Leases 800 Sqm In Green Court
T-Me Studios, developer of mobile applications on the customization and gaming niche, is the new tenant of the C building of office compound Green Court in capital city Bucharest.
Real Estate Developer Impact Names Polish Bartosz Puzdrowski As CEO
Real estate developer Impact, run by businessman Gheorghe Iaciu, has appointed Polish Bartosz Puzdrowski as Chief Executive Officer, effective September 1, for a three-year term.