Real Estate
Germany’s GLL Is One Step From Purchasing Other Two Office Buildings
Germany real estate asset management company GLL Real Estate Partners, which owns Charles de Gaulle Plaza in Bucharest, a landmark among the business centers in Romania’s capital city, is on...
New NEPI CEO: We’ll Focus On Buying Retail Property In CEE
The development strategy of NEPI, the largest real estate investor in Romania with more than EUR1.7 billion assets, will continue to focus on the retail area, which already accounts for 80%...
Bucharest Missed Place In Top 3 Cities By Largest Industrial Space Transactions In 1H
Romanian cities of Timisoara, Ploiesti and Brasov, three of the most powerful cities in local economy, attracted the largest transactions with industrial spaces in the first semester, at ove...
Large Industrial Space Deals Stayed Away From Bucharest In H1
Although Bucharest holds half of the 2 million square meter industrial space stock in Romania, none of the five largest transactions in this sector in the first half involved space in the ci...
Bucharest’s Modern Retail Stock 4-Fold Higher Than Country’s Average In 1H
Romania’s modern retail stock exceeded three million square meters threshold in the first half of 2015, upon the inauguration of two new shopping centers with a total leased area of 117,000...
Cartierul Solar, Romania’s First Residential Compound Equipped With Rooftop PV Panels
Cartierul Solar, a total investment of EUR45 million, will be Romania's first residential compound equipped with rooftop photovoltaic panels used to generate green energy.
Iulius Group To Develop New Office Building In Palas Iasi Development
Iulius group, owned by businessman Iulian Dascalu, will develop a new building, of 9,000 square meters, in Palas Iasi mixed development, the company said in a statement.
DTZ: Real Estate Developers Focus On Shopping Mall Openings In 1H
Real estate developers focused on the opening of new shopping malls in the first six months of 2015, when Romania’s modern retail stock exceeded 3 million sqm, according to a DTZ Echinox rep...
Iulius Malls In Timisoara And Cluj Most Profitable In Iulius Network In 2014
The five malls businessman Iulian Dascalu owns in Romania generated about 250 million lei (EUR56 million) revenue last year. The most profitable of them were the Iulius Malls in Timisoara an...