Real Estate
Kingfisher Had Sales Of EUR113.7M In Romania Last Year
British DIY retailer Kingfisher had sales of GBP91 million (EUR113.7 million) in Romania in the 2014 financial year (February 2014-January 2015), and posted a loss of GBP12 million.
Several Local Investors Plan To Build 5,000 Apartments In Southern Bucharest
Several Romanian investors plan to develop 5,000 apartments by next year in the southern part of Bucharest and bought 15 hectares of land for the first stage of the project.
Romania Issued More Housing Permits In February
Romanian housing permits went up 34.3% to 2,249 units in February, from 1,647 units a month earlier, the country’s statistics institute INS said Monday.
Bucharest Hotel Occupancy Rate Rises To 63% In 2014
The average occupancy rate of Bucharest hotels rose by 9.3% last year, to 63%, with the Romanian capital city boasting one of the biggest increases of this indicator among ten states of sout...
Policolor Relocates Production To New Factory, Rents Office Space
Romanian paint manufacturer Policolor will relocate its factory in the Theodor Pallady area in Bucharest to a new unit, for which it has submitted an urban planning report, and will rent off...
Andrew Peirson To Run JLL Romania As Of April 1
Real estate consulting firm JLL announced Friday that it appointed Andrew Peirson as its managing director for Romania & South-Eastern Europe (SEE), an expansion of his current remit as mana...
Accor: In Paris, Romania Is Seen As An El Dorado
Accor plans to buy several hotels in three key cities in Romania, a country the French see as interesting for investments also owing to the results of Renault’s Mioveni plant, says Laurent P...
Immochan To Invest EUR12M In Second Stage Of Coresi Development
Immochan, the real estate division of French group Auchan, will invest around EUR12 million in the next year in the second phase of the retail center Coresi in Brasov and in demolition works...
Auchan Opens 33 Hypermarket In Romania, In Coresi Shopping Center In Brasov
Auchan Romania is opening its 33rd hypermarket in the country Friday, in the Coresi shopping center in Brasov, developed by the French retailer's real estate division Immochan.