Real Estate
Forte Partners Invests EUR70m In Office Developments In Bucharest
Real estate developer Forte Partners, founded by three businessmen - Geo Margescu, Ionut Dumitrescu and Johny Jabra, is preparing about EUR70 million investments in two office projects in Bu...
New Office District Shaping Up In Central-Western Bucharest
The central-western part of Bucharest, which includes the Orhideelor area, the Basarab Overpass and the areas around the Grozavesti, Petrache Poenaru and Politehnica subway stations, is shap...
Sky Tower Owner Wants It Fully Rented By Yearend
Sky Tower, the tallest building in the country, will be fully rented by the end of the year, says Ruxandra Grinzeanu, managing director of Raiffeisen Property Romania, the owner of the build...
Cluj-Napoca Office Space Stock Goes Beyond 200,000 Sqm In 2015
Cluj-Napoca (NW Romania), one of the major cities of Romania other than Bucharest, will see its office space stock reach 229,000 square meters this year, an increase of 23% on 2014.
Mega Image And Decathlon Set Up Shop Near Baneasa Shopping City
Mega Image supermarket chain and sporting goods retailer Decathlon are developing a new project across the street from the Ikea store and the Baneasa Shopping City.
Globalworth Gets EUR45M Financing To Complete Bucharest One And For Acquisitions Or Other Projects
Real estate investment firm Globalworth, founded and run by Greek businessman Ioannis Papalekas, obtained a short-term financing facility of EUR45 million from Oak Hill and York Capital grou...
Profi Leases 5,000 Sqm In CTPark Bucharest West
Retailer Profi has leased 4.900 square meters in CTPark Bucharest West (formerly Mercury Business Park), recently acquired by developer CTP.
Romania Housing Permits Up 8.9% To 3,654 In May
Romanian housing permits went up 8.9% to 3,654 units in May, from 3,355 units a month earlier, the country’s statistics institute INS said Monday.
Profi Doubles Leased Logistical Space In Ploiesti To 27,000 Sqm
Retailer Profi will double the space it leases in the LOG.IQ logistical park in Ploiesti, reaching 27,000 square meters starting February 2016, logistical center owner Immofinanz Group said...