Real Estate
Nestle Puts Warehouses And Land Up For Sale
Swiss-held Nestle is putting up for sale plots of land in seven counties in Romania totaling almost 10,000 square meters, according to ZF’s calculations based on the Official Gazette data.
GTC About To Buy Two Office Buildings In Bucharest
Real estate company GTC Romania is about to buy Premium Plaza and Premium Point office buildings, real estate market sources say, in a deal put at EUR30 million to EUR40 million.
Apartment Prices Rose 11-12% In Cluj And Timisoara And 3% In Bucharest In 2015
The highest price increases for apartments put up for sale in Romania in 2015 were registered in Cluj-Napoca and Timisoara cities, of 12.2% and 11.8%, respectively, while prices rose 3% in B...
Liebrecht & wooD Romania Has New General Manager
Sorin Ioan Blaga has been appointed general manager of Liebrecht & wooD Romania and will take over the new position starting with the middle of January 2016, the real estate company announce...
JLL: Real Estate Developers Mull Finalizing Investments Worth Over EUR88M In 2016
Real estate developers plan to finalize investments totaling 700,000 square meters in Romania in 2016, worth over EUR88 million, according to a report of real estate consulting firm JLL.
Bucharest’s Old Town: Where To?
Six of the best known hangouts in Bucharest’s Old Town, including the City Grill restaurant on Lipscani Street, the Biutiful bar and Club Fire, closed last week, once President Klaus Iohanni...
Praktiker: Construction Should Be Locomotive For Entire Economy
Turkish-born businessman Omer Susli who took over the do-it-yourself retail chain Praktiker in the first half of last year says he plans to hire 400 people especially for counseling and in-s...
Mudura Family To Develop New Real Estate Project In Oradea, In EUR60M Investment
The Mudura Family, owner of shopping mall Lotus Center, will develop a new real estate project on a part of the land of the former enterprise Infratirea in Oradea, following an investment es...
Garanti Bank Granted EUR8.3M Financing For Ramada Plaza Project In Craiova
Garanti Bank on Wednesday said it granted financing of EUR8.3 million to the company Jiul SA for the former Jiul hotel in Craiova, which was reopened Tuesday under the Ramada Plaza brand.