Real Estate
INS: Romania Housing Construction Rises 11.1% On Year In 1H
Romanian housing construction rose 11.1% on the year, to 19,534 units in the first half of 2015 on higher activity in urban areas, the country’s statistics institute INS said Friday.
NEPI Gets Antitrust Clearance To Buy Iris Titan Shopping Center
Romania's antitrust authority has authorized the takeover of Degi Titan, owner of the buildings and land of the Iris Titan Shopping Center in Bucharest, by New Europe Property Investments NE...
Iaciu Wants To Sell 2,000 Apartments By 2018, Grow On Iasi Office Space Market
Gheorghe Iaciu, the entrepreneur who owns real estate developer Impact Developer & Contractor (IMP.RO), believes he will be able to sell 490 apartments in Bucharest compared with 90 last yea...
Insolvency Rate Grows Among Large Businesses In Romania Despite Overall Decline
More and more businesses with turnovers of more than EUR1 million go insolvent, even though the number of insolvencies is on the decline, and the average insolvency rate in Romania is four t...
NEPI To Pay 1H Dividends In Cash Or New Shares
Shareholders of real estate developer New Europe Property Investments NEPI (NEP.RO), which bought Auchan Titan Shopping Center from German-held Aberdeen Asset Management last week, may choos...
INS: Romania Housing Permits Up 3.3% In Jan-July
Romanian housing permits went up 3.3% in the first seven months of the year, to 22,271, the statistics institute INS said Friday.
NEPI Holds 20% Of Retail Space In Bucharest
Real estate developer NEPI, which bought Auchan Titan Shopping Center from German-held Aberdeen Asset Management two days ago, has reached EUR446 million investments in retail centers in Buc...
NEPI Buys Auchan Titan Shopping Center For EUR86M
The largest property owner on the local real estate market, NEPI, has bought Auchan Titan Shopping Center from Germany’s Aberdeen Asset Management in a EUR86 million deal.
Five Industrial Parks Turned Brasov City Into Regional Economic Hub
Companies in the central city of Brasov posted total revenue of 37 billion lei in 2014, or 3% of the economy, turning the city into a regional economic hub, according to ZF analysis based on...