Real Estate
Delta ACM 93 Borrows RON230M From Consortium Of Banks Led By BRD
A consortium of banks led by BRD-Groupe Societe Generale has granted a loan worth RON230 million (EUR52 million) to constructions company Delta ACM 93 for a two-year period, for working capi...
Prices Of Bucharest Apartments Up 1.5% In 3Q
Asking prices for apartments in capital Bucharest rose 1.5% in the third quarter of 2015, compared to the previous quarter, and the average amount reaches EUR59,140.
Ten Largest Office Space Deals Signed For Over 80,000 In Jan-Sept
The ten largest office space rental deals in the first nine months of the year total more than 80,000 square meters, and the IT and outsourcing companies were the most active on the office s...
Romania Ranks Third In CEE With Real Estate Deals Worth EUR600M In January-September - JLL
Romania registered real estate transactions worth EUR600 million in the first nine months of the year, ranking third in Central and Eastern Europe (CEE), after the Czech Republic and Poland,...
Iaciu, Impact: Record Apartment Sales In September
Real estate developer Impact Developer & Contractor (IMP.RO), controlled by businessman Gheorghe Iaciu, ended September with the highest sales volume so far, 87 apartments in the Greenfield...
Sales Of Voluntary Car Insurance, Property Policies Flat Since 2008
Gross premiums from voluntary car insurance CASCO and voluntary home insurances set below 2008’s level, while mandatory car insurance RCA are gradually growing on yearly basis, with insurers...
Forte Partners Erects Two Office Buildings Of Over EUR80M Near Basarab Overpass
Real estate developer Forte Partners, founded by businesspeople Geo Margescu, Ionut Dumitrescu and Johny Jabra, is constructing two office buildings near the Basarab Overpass in capital Buch...
Kaufland’s Real Estate Portfolio Close To EUR1B In Romania
The leading retailer in Romania by sales, Kaufland is second largest property owner with about EUR960 million assets, sharing the spot with Immofinanz (which owns Iride Business Park in Pipe...
NEPI Raises EUR130M Capital From Shareholders, Double Than Initially Planned
South-African investment fund New Europe Property Investments (NEPI) has raised EUR130 million from shareholders, double than EUR65 million initially planned for the share capital hike, and...