Real Estate
Bucharest Modern Office Stock Up 2% To 2.2M Sqm In 1Q
Bucharest’s modern office stock increased by 2% on the year and stands at 2.2 million square meters in the first quarter, according to real estate consulting firm DTZ Echinox.
Baneasa Shopping City Operator Saw Almost RON200M Net Profit In 2009-2014
Baneasa Developments, the company controlled by local businessmen Gabriel Popoviciu and Radu Dimofte which operates the retail area of the Baneasa real estate project in northern Bucharest,...
Danya Cebus: After IT, Construction Can Be Romanian Economy's ‘Crown Jewel’
Israel-held construction company Danya Cebus, which built the AFI Palace Cotroceni mall in Bucharest and is now working on the US military base in Deveselu, southern Romania, says the local...
Telekom Romania Communications Puts Up For Sale Or Lease 24 Real Estate Properties
Telekom Romania Communications on Thursday said it put up for sale or partial re-lease 24 real estate properties, in capital Bucharest and seven other cities, at a starting price of EUR26.3...
Holcim Sales In Romania Up 29.4% In 1Q
Swiss cement group Holcim's sales of cement and clinker in Romania increased 29.4% in the first quarter, driven by new construction projects, while prices on the market, expressed in lei, de...
Romania Issued More Housing Permits In March
Romanian housing permits went up 44.6% to 3,253 units in March, from 2,249 units a month earlier, the country’s statistics institute INS said Tuesday.
Anchor Grup Appoints New General Manager
Turkish real estate developer Anchor Grup appointed a new general manager last week, promoting the company's chief financial officer Affan Yildirim to the top position.
Coldwell Banker 2015 Turnover Seen Up 15-20% After 5% Growth Last Year
Realty consulting firm Coldwell Banker Affiliates of Romania estimates a 15%-20% turnover increase this year, to over EUR6 million (e.n.), mainly due to apartment sales, which might double c...
Anchor Grup To Finish Renovation Of Bucuresti Mall Façade In September
Turkish real estate developer Anchor Grup started the renovation of the façade of shopping center Bucuresti Mall, which is due for completion in September.