Real Estate
DTZ: Modern Office Stock In Romania’s Main Cities Might Reach 800,000 Sqm End-2017
New office space supply in Romania’s main regional cities exceeded 90.000 square meters in 2015 and reached the highest level registered so far, according to real estate consulting company D...
Impact Invests EUR44M In Third Stage Of Greenfield Baneasa Residential Compound
Romanian real estate developer Impact Developer&Contractor (IMP.RO) will invest EUR44 million in developing the third stage of Greenfield Baneasa residential compound, the company said in a...
AFI Signs Agreement To Sell AFI Park Office Buildings In Bucharest
The AFI group of Israeli businessman Lev Leviev on June 10 signed a letter of intent to sell the AFI Park 1, 2 and 3 office buildings with an option for the new owner to buy AFI Park 4 & 5 l...
Romanian Tenants Outnumber Expats In Northern Bucharest In 1H/2016
Romanian tenants outnumbered expats in northern Bucharest in the first half of 2016, accounting for 30% of total, compared with 15% in the fall of 2014, according to an analysis by real esta...
AFI Europe Romania Net Operating Income Up 13.1% To EUR22.2M In 1H/2016
AFI Europe Romania registered a net operating income of EUR22.2 million in the first six months of 2016, up 13.1% from the year-earlier period, the company said in a statement.
Impact Developer&Contractor Profit Doubles To RON14M In 1H
Romanian real estate developer Impact Developer&Contractor (IMP.RO) doubled its profit to RON13.7 million in the first six months on the backdrop of higher two-room apartment sales triggered...
NEPI Posts EUR67M Net Profit In 1H/2016
South-African investment fund New Europe Property Investments (NEPI), the largest player on the Romanian real estate market, registered a net profit of EUR67 million in the first half of 201...
Practic Bucuresti Pays Dividends With 3.6% Yield
Shareholders of real estate developer Practic Bucuresti (PRBU.RO), 48.5% controlled by businessman Radu Timofte, approved the payment of RON6.5 million as dividends.
Dedeman Buys Plot Of Land From Brick Maker Cemacon
Romania’s largest do-it-yourself retailer Dedeman will buy an almost 2.5 hectare plot from brick maker Cemacon for about EUR2 million, a report of the latter to the Stock Exchange reads.