Real Estate
Immofinanz Signs/Extends Lease Contracts For Over 21,000 Sqm Of Office Space
Austrian developer Immofinanz has signed contracts for office space of over 21,000 square meters, mainly by extending the lease contracts with existing tenants, among which Siveco Romania an...
Skanska To Start Work On New Office Complex Next Year
Sweden’s Skanska, which developed the Green Court office complex in Floreasca-Barbu Vacarescu area in northern Bucharest, hopes to start work on another office complex near Politehnica subwa...
Housing Savings And Loan System Under Scrutiny By Court Of Accounts
The housing savings and loan system introduced in Romania ten years ago is under investigation by the Court of Accounts on suspicion that the government subsidies part of the process were no...
Immochan: We’re Considering Coresi-Type Centers In Major Cities
Immochan Romania, the real estate unit of French-held Auchan group, is considering building a new shopping center in Romania using the Coresi Brasov model, which it opened in March following...
NEPI Opens Shopping City Deva Following EUR14M Investments In Expansion
South-African investment fund New Europe Property Investments (NEPI) is opening Shopping City Deva on Thursday, following EUR14 million investments in expansion and modernization.
Skanska Buys 2 Hectares Of Most Coveted Plot In Bucharest
Sweden’s Skanska group, one of the largest real estate developers in Romania, has bought a 2.1 hectare plot across the street from the Politehnica subway station in western Bucharest.
Austrian Group Strabag Taps Romanian Property Development Market
Austrian constructions group Strabag has entered the Romanian property development market, by taking over the team in Bucharest of Raiffeisen evolution.
Iulius Group Started Construction Works At EUR220M Development Openville Timisoara
Iulius group, owned by businessman Iulian Dascalu, started construction works at Openville Timisoara, a EUR220 million development that will include offices, retail spaces and entertainment...
Leroy Merlin: We’re Vying Over Land With Residential Developers
French-held do-it-yourself group Leroy Merlin, now in the process of the rebranding the former bauMax Romania stores it took over last fall, is interested in development of new stores of its...