Real Estate
EUR700M Mall Investments Announced For Next Few Years
Ten mall construction or extension projects requiring more than EUR700 million investments are now in progress or announced to begin soon, ZF has found.
Prices Of Bucharest Apartments Slightly Up In Central And Northern Areas In October
Asking prices for apartments in central and northern areas of capital Bucharest rose 1% on the month in October, while in the eastern, southern and western areas, they remained unchanged, ac...
Bucharest, Timisoara Account For Half Of Logistic Space Deals In January-September
Nearly half of the 230,000 square meters of logistic and industrial spaces rented in the first nine months were in Bucharest and Timisoara, while retail, auto parts and logistic companies re...
Romania Borrows EUR175M From CEB To Build 7,000 ANL Apartments
Romania will borrow EUR175 million from the Council of Europe Development Bank for the construction of approximately 7,000 apartments via the National Housing Agency (ANL) program, between 2...
First Stage Of Timpuri Noi Square Project To Be Inaugurated In 2017
The first stage of Timpuri Noi Square project, developed by Vastint, the real estate division of Inter IKEA group, will include two office buildings of nearly 30,000 square meters and will b...
NEPI Profit Rises 163% To EUR119.5M In January-September
South-African investment fund New Europe Property Investment (NEP.RO) on Monday said its net profit attributable to stockholders rose 163% to EUR119.46 million in the first nine months, from...
Blackstone Buys Immofinanz’s Logistics Portfolio, Including The One In Romania, For Over EUR500M
Austrian group Immofinanz concluded a contract with American private equity firm Blackstone to sell its entire logistics portfolio, including the one in Romania, for over EUR500 million.
INS: Romania Housing Permits Rise 5.2% in Jan-Sept
Romania issued 30,540 housing construction permits in January-September 2015, 5.2% more than in the same period in 2014, the statistics institute INS said Wednesday.
Immofinanz Signs Pre-Lease Contracts With DPD, Alka, Mediapost Hit Mail For Future Logistics Park
Austrian group Immofinanz, one of the largest investors in the Romanian real estate industry, signed pre-lease contracts for 11,500 of the 40,000 square meters of the first stage of the logi...