Real Estate
PMR: Romania's DIY Market Was Close To RON10B In 2014
The local do-it-yourself market (retail without distribution) was worth a total of RON9.7 billion (nearly EUR2.2 billion) in 2014, up 2.9% from a year before, according to estimation of Pola...
IKEA Buys Land For Second Store In Bucharest
Swedish furniture retailer IKEA has bought a plot of land in Bucharest to build its second store in the country.
Coresi Business Park Starts Work On Second Stage Of Office Project
The second stage of the Coresi Business Park office project in Brasov, central Romania, which consists of two new office buildings totaling 18,000 square meters, will entail investments of a...
TriGranit: Romania Less Attractive Than Poland Despite Better Macroeconomic Indicators
Romania is a less attractive market than Poland in terms of real estate investments and transactions, despite the positive macroeconomic indicators, says Bogdan Macarie, development director...
Winmarkt Boss: Sale Not A Priority Until 2018
The sale of the shopping centers in Romania is not a priority until 2018, but “everything has its price,” says Carlo Barban, the executive in charge of the Winmarkt shopping center business...
Bucharest’s Office Buildings Built For German, Austrian And American Retirees
The modern office space market estimated at 2.2 million square meters in Bucharest and 490,000 square meters in the main cities in the rest of the country is about to see a return of institu...
Top Ten Office Space Deals In Bucharest Involved 48,500 Sqm In January-April
The ten most important office space transactions in Bucharest in the first four months of the year amounted to about 48,500 square meters and most were relocations and lease renegotiations a...
Carlos Pallares Steps In As FCC Construccion Romania General Manager
Carlos Pallares is the new general manager of the Romanian unit of Spanish construction group FCC Construccion, involved in projects such as Bucharest-based Basarab passage or Arad-Timisoara...
Dedeman Reaches 12% Profit Margin
Bacau-based do-it-yourself retail chain Dedeman, the largest Romanian-held company, overshot the 400 million (EUR90 million) mark in earnings for the first time, according to Trade Registry...