Real Estate
LafargeHolcim Cement Sales In Romania Up 15.3% In January-September
LafargeHolcim cement sales in Romania rose 15.3% on the year in January-September, supported by building activity in the Bucharest area, while market prices fell 0.8% in lei, the company sai...
First Three Office Space Projects In Orhideea Area To Accommodate 13,000 Employees
The Orhideea area near the Basarab Overpass in Bucharest is shaping up as a future office space hub of the city, with foreign and Romanian investors developing a number of projects there.
Immofinanz To Complete First Building Of Metroffice Project In 2Q Of 2016
Austrian developer Immofinanz has finalized the structure of the first building of office project Metroffice in northern Bucharest, which will be completed in the second quarter of 2016, fol...
NEPI Raises EUR400M In Book Build For Unsecured Corporate Bond
South-African investment fund New Europe Property Investments (NEPI) on Tuesday said it raised EUR400 million through a book build process for the issue of unsecured corporate bonds and the...
AFI Palace Cotroceni Posts EUR7.7M Net Operating Income In 3Q
AFI Palace Cotroceni shopping mall in Bucharest, AFI Europe’s largest and most important asset, generated a net operating income of EUR7.7 million in the third quarter, up 3.3% on the year.
Colliers: Real Estate Deals In Bucharest To Exceed EUR800M In 2015
Real estate transactions on the segments of office buildings, logistics space and the investment market in capital Bucharest will exceed EUR800 million for the whole of 2015, according to a...
Belgian Group Atenor In Talks To Sell Hermes Business Center
Belgium-held group Atenor Atenor is negotiating the sale of Bucharest-based office compound Hermes Business Center, which consists of three office buildings covering 73,180 square meters, of...
CTP Takes Over Prologis’ Logistics Park For EUR40M
Dutch real estate developer CTP completed the takeover of former logistics park Prologis Park Bucharest A1, renamed CTPark Bucharest West, from Prologis, in a transaction worth nearly EUR40...
RealTime: New Homes Delivered In Last Six Years Only Accounted For 7% Of Modern Stock
Romania needs tens of thousands of homes, but in the last six years, the new homes delivered only accounted for 7% of the modern stock at national level, according to consultancy firm RealTi...