Real Estate
30,000 People Struggling To Get To Work In Barbu Vacarescu-Floreasca Area Of Bucharest Every Day
The development of office buildings and the new residential projects have turned the Barbu Vacarescu-Floreasca area of Bucharest into a nightmare for the 30,000 people trying to get to work...
Carrefour To Expand Warehousing Space To 10.2 Hectares In 2016
French-held Carrefour, the second leading store chain in the grocery retail sector by revenue, will expand its rented logistics capacity by 55% to 10.2 hectares this year.
TIMOn: Boutique Projects, The New Trend On Bucharest Residential Market
The new trend on the Bucharest residential market consists of boutique projects, namely, blocks with few apartments, architecture and special equipment, and 30 compounds of this type are to...
Czech Republic’s Richest Man Enters Romania’s Real Estate Market
Czech businessman Petr Kellner, who already owns several natural gas businesses in Romania, is in the process of buying Metropolis Center in Dorobanti (central Bucharest) from Austria’s Sora...
Kaufland Chooses Moldavia For Its Third Warehouse In Romania
German-held hypermarket chain Kaufland, the local grocery retail leader, will build its third warehouse in Romania in Moldavia.
Dedeman To Pay EUR6m For Industria Iutei Plant Site
Romanian-held do-it-yourself retailer Dedeman is negotiating to buy an almost 3-hectare plot of land in Bucharest’s sector 5 from flax, hemp and jute products manufacturer Industria Iutei. D...
Investments In Renovation Of Bucharest Historical Buildings Exceeded EUR100M - Esop Consulting
The investments in the renovation of historical buildings in capital Bucharest totaled over EUR100 million in the last three years, as the number of persons interested in buying old building...
Arabesque To Open New Store In Pitesti, Following EUR10M Investment
Construction materials distributor Arabesque will open its 19th store in Romania, in Pitesti city, on March 24, following EUR10 million investments, the company said in a statement.
Complex Developed On Former Ursus Brewery Site In Cluj Completed In December
The Platinia residential project that businessman Sile Puscas is developing the former site of the Ursus brewery in Cluj-Napoca (NW Romania) will be completed by December, following an about...