Real Estate
ING Bank Has Only Enforced 20 Mortgage Guarantees So Far - CEO
ING Bank has only enforced 20 mortgage guarantees so far, after 3 years and a half of talks with the clients, trying to find solutions, ING CEO, Michal Szczurek, stated Wednesday.
Bucharest Overshoots 1 Million Square Meter Retail Space Mark
The retail space stock reached 2.8 million square meters last year, more than one million square meters of which in Bucharest, Romania’s biggest market, reads a report of real estate consult...
NEPI Starts Extension And Modernization Of Shopping Center Braila Mall
New Europe Property Investments (NEPI) has decided to extend and modernize shopping center Braila Mall to reach a total lettable area of 57,250 square meters by the end of 2016.
Some 200,000 Employees Work In Modern Offices In Bucharest, Most Of Whom In Pipera Sud
Class A and B office buildings in Bucharest accommodated more than 200,000 employees at the end of 2015, and their number is expected to grow 20% in 2016, to 240,000 employees, according to...
Mall And Office Space Mix Latest Trend In Bucharest
Plaza Romania, AFI Cotroceni and Sun Plaza, all of which in Bucharest, are three of the malls that chose to surround themselves with office space. South Africa’s NEPI, the owner of Promenada...
ParkLake Shopping Mall Opening Postponed For September
The opening of shopping center ParkLake, developed by real estate companies Sonae Sierra and Caelum Development in Bucharest’s Titan district, was postponed for September, although the openi...
Israeli Company Mulls Buying Romanian Assets Of Africa Israel
Israeli company Melisron could buy the Romanian assets of Africa Israel, which owns AFI Cotroceni Palace Mall, evaluated at NIS1.9 billion (EUR441 million), sources close to the matter told...
EUR250M Real Estate Investments Announced In Two Days
The high yields on Romania’s real estate market are attracting new investors.
DTZ Echinox: Bucharest Modern Office Stock Up 4% To 2.25 Mln Sqm In 2015
Bucharest’s modern office stock rose 4% in 2015, to 2.25 million square meters, while for 2016, the volume of new space deliveries is seen reaching a record high since 2009, of which 60% wil...