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P3 Logistic Parks Reaches 300,000 Sqm Built Area In P3 Park
Real Estate

P3 Logistic Parks Reaches 300,000 Sqm Built Area In P3 Park

Czech P3 Logistic Parks, one of the largest logistic park developers and property managers, has reached 300,000 sqm of built area in its P3 Bucharest park, the largest logistic park in Roman...

Oana Gavrila · 19.07.2016 · 13:38 · 1 min
Veranda Shopping Center Reaches 85% Occupancy Rate
Retail&Consumer

Veranda Shopping Center Reaches 85% Occupancy Rate

Veranda Shopping Center, developed by Prodplast Imobiliare in Bucharest, has reached an occupancy rate of 85% after it signed a lease contract with U.S. coffee shop chain Starbucks.

Gabriela Stan · 19.07.2016 · 12:54 · 1 min
OTP Bank: Medium, Long-Term Evolution Of Mortgage Lending Seen Positive
Banks-Insurance

OTP Bank: Medium, Long-Term Evolution Of Mortgage Lending Seen Positive

The mortgage loan market will register a positive evolution on medium and long term, given the economy and real estate market trends, according to OTP Bank representatives.

Gabriela Stan · 18.07.2016 · 13:57 · 1 min
Diaconescu, Impuls Leasing: Real Estate Financing Down To Less Than 1%
Real Estate

Diaconescu, Impuls Leasing: Real Estate Financing Down To Less Than 1%

Real estate leasing financing has become a rarity on the market and now account for less than 1% of leasing financing granted in Romania, said Razvan Diaconescu, general manager of Impuls Le...

Oana Gavrila · 18.07.2016 · 12:27 · 1 min
Romanian Real Estate Investment Volumes Grew 80% in 1H 2016
Real Estate

Romanian Real Estate Investment Volumes Grew 80% in 1H 2016

Romanian real estate investment volumes in the first half of 2016 are estimated at EUR340 million, 80% higher than the EUR187 million registered in the same period of 2015, according to real...

Oana Gavrila · 15.07.2016 · 11:51 · 2 min
NEPI To Hike Share Capital By Approximately EUR63M
Real Estate

NEPI To Hike Share Capital By Approximately EUR63M

South-African investment fund New Europe Property Investments (NEPI), the company with the highest real estate portfolio in Romania, announced it will hike its share capital by approximately...

Gabriela Stan · 13.07.2016 · 19:00 · 1 min
Capgemini Rents Office Space In Green Court Office Compound
Real Estate

Capgemini Rents Office Space In Green Court Office Compound

French-held Capgemini, one of the largest global IT and business process outsourcing service and business and technology consultancy providers, is the new tenant of Green Court C office buil...

Gabriela Stan · 13.07.2016 · 14:07 · 1 min
Hanner Holding Buys 11,000 Sqm Land In Grozavesti Area For EUR5M
Real Estate

Hanner Holding Buys 11,000 Sqm Land In Grozavesti Area For EUR5M

Lithuanian real estate developer Hanner Holding bought the 11,000 sqm plot of land of former Grivita Brewery in Bucharest, Grozavesti area, for EUR5 million.

Gabriela Stan · 12.07.2016 · 16:47 · 1 min
Romania Ranks 5th In Europe By Residential Property Price Hike
Real Estate

Romania Ranks 5th In Europe By Residential Property Price Hike

Romania ranks 5th in Europe by the price increase for residential property in the first six months of the year, but the price of EUR900/sqm is one of the lowest among 15 analyzed European st...

Gabriela Stan · 12.07.2016 · 13:01 · 1 min