Real Estate
NEPI Acquires Shopping City Sibiu From Argo Group In EUR100M Transaction
South-African investment fund New Europe Property Investments (NEPI) on Tuesday said it acquired retail park Shopping City Sibiu from Argo Group, in a transaction worth EUR100 million.
CA Immo: Some Office Buildings Will Become Less Attractive, Owners Will Have To Consider Reconversion
Austrian-held CA Immo, which is active on the real estate development market in Romania, is considering buying new plots of land or even finished projects in view of local expansion and the...
Globalworth Makes EUR1.5M Rental Income From Residential Property
Greek businessman Ioannis Papalekas, who established and runs property investment company Globalworth, makes EUR1.5 million income a year from renting 200 apartments in the Upground Towers c...
S IMMO AG Starts Expansion Works At Sun Plaza Shopping Mall In Bucharest
Real estate developer S IMMO AG will start reconfiguration and expansion works at Sun Plaza shopping mall in Bucharest, which are scheduled to be completed in the first quarter of 2018.
Real Estate Developer Practic Bucuresti Takes Out EUR405,000 Loan
Real estate developer Practic Bucuresti (PRBU.RO), controlled by businessman Radu Timofte, summoned the company’s shareholders at a meeting scheduled for July 18 to approve the closing of a...
ANEVAR: Total Taxable Value Of Buildings Topped RON81B In January-May 2016
The fiscal information base of the national association of licensed appraisers ANEVAR carried out 132,502 evaluation reports, between January 1 and May 31, 2016, for a total 245,283 building...
Capital Partners Founders Buy EUR6M Plot From Forte Partners
One United Properties, a company of Andrei Diaconescu and Victor Capitanu, two of the founders of boutique investment bank Capital Partners (now BT Capital Partners) bought an 8,200 square m...
Top Three Real Estate Investors Own EUR1B Portfolios Each
Three real estate companies have grown to more than EUR1 billion portfolios last year, which include both income properties and projects under development, in which they are prepared to inve...
AFI Park 4&5 Reaches 70% Occupancy Rate
AFI Europe Romania has rented out 3,000 square meters to global IT&C solutions provider Telus International for the extension of its office space within office building AFI Park 4&5, whose o...