Real Estate
Law On Debt Discharge To Trigger Lower Apartment Prices, Higher Rents - Real Estate Brokers
Over 40% of real estate brokers consider that apartment prices will fall by over 20% if the law on giving in payment comes into force, while three quarters of them expect rents to increase b...
NEPI And Ovidiu Sandor Start Works On Third Stage Of The Office Project In Cluj-Napoca
South-African investment fund New Europe Property Investments (NEPI) and entrepreneur Ovidiu Sandor, the developers of office compound The Office in Cluj-Napoca (northwestern Romania), annou...
Veranda Shopping Center Gets EUR25.5M Financing From Raiffeisen Bank
Veranda Shopping Center, developed by businessman Florin Pogonaru in Obor area, Bucharest, got EUR25.5 million financing from Raiffeisen Bank and Raiffeisen Bank Interntional to partially fi...
CA Immo Selects Austrian Porr As General Contractor For Orhideea Towers Project
Austrian investment fund CA Immo has selected Austrian company Porr Construct as general contractor for the construction of office space project Orhideea Towers in capital Bucharest, which e...
Developers Expected To Deliver 360,000 Square Meters Of Office Space In 2016
The Floreasca-Barbu Vacarescu area (connecting central to northern Bucharest), home to almost 15% of the office space in Romania’s capital city, is the busiest office space construction site...
Qfort Door And Window Manufacturer Owner Invests EUR20M In Residential Development
Stefan Cherciu, the majority shareholder and chairman of the Qfort window and door systems manufacturer Casa Noastra based in Craiova, is developing a seven apartment building complex in the...
JLL: Volume Of Industrial And Logistic Spaces To Be Delivered In Romania Seen Up 40% In 2016
The volume of industrial and logistic spaces scheduled to be delivered in Romania in 2016 totals 240,000 square meters, up 40% on the year, compared with a growth of 67.5% to 160,000 sqm in...
Ikea Plans To Develop 10,000 Homes In Northern Bucharest
Sweden’s Ikea plans to build the largest real estate project in northern Bucharest on a 48-hectare plot it bought from a Romanian entrepreneur. The new project will include both apartments a...
Industrial Space Developer CTP Names Valeriu Toma As Property Management Director
Industrial and logistics space developer CTP on Tuesday said it appointed Valeriu Toma as property management director.