Real Estate
Timisoara To Get Three New Malls In Three Years
Three shopping centers totaling more than 150,000 square meters will be built in Timisoara over the next three years, following more than EUR200 million investments, according to ZF estimate...
Gran Via Buys Plot From Lidl For Residential Development In Northern Bucharest
Spanish-held Gran Via group, which developed the Timisoara 58 residential complex in western Bucharest, has recently bought an over 9,600 square meter plot of land from Lidl retail chain, pa...
Czech Company CTP Buys Deva Logistics Park
Czech company CTP bought said Wednesday it bought Deva Logistics Park, with a total area of 43,000 square meters and another 17,000 sqm available for development, which will be renamed CTPar...
EUR80M Investment In Shopping Center, Office Building In Timisoara
Alpha Group Investments Ltd, the investment division of Alpha Bank, and TBE Business Solutions will invest EUR80 million in a shopping center and an office building spreading on 60,000 squar...
Darian: All Sectors Of Romanian Real Estate Market On Upward Trend
The average price for old apartments stood at EUR674/square meter in the first six months, while on the new apartment segment, prices stood at EUR779/sqm, according to property evaluator Dar...
Impact Invests EUR3M In Greenfield Residential Compound
Romanian real estate developer Impact Developer&Contractor (IMP.RO) will invest almost EUR3 million in the construction of eight dwellings in Greenfield residential compound.
Bucharest And Ilfov County Account For Over 25% Of New Homes Delivered In Q1
Bucharest and Ilfov County accounted for over 25% of the new homes completed in Romania in the first quarter, compared with 18% in the year-ago period, according to a ZF analysis based on Na...
DTZ: Bucharest Modern Office Stock Up 2.5% To 2.21M Sqm In 1H
Bucharest’s modern office stock increased by 2.5% on the year in the first six months and stands at 2.21 million square meters, according to real estate consulting firm DTZ Echinox.
Holcim Sales In Romania Up 23.1% In 1H
Swiss cement group Holcim's sales of cement and clinker in Romania increased 23.1% in the first six months, driven by new construction projects mainly in Bucharest, while prices on the marke...