Real Estate
Real Estate Consultancy Firms Start Hiring Again
Some of the major real estate consultancy firms, hard hit by the crisis that shook the sector six or seven years ago, are now expanding their teams as the market is thawing up and the range...
Debt Recovery Specialist APS Expects EUR7m For Bankrupt Armonia Braila Mall
Czech Republic-based debt recovery specialist APS that bought a large chunk of the non-performing loan portfolio of Austria’s Volksbank’s subsidiary in Romania last summer has also become a...
Secure Property Raises EUR8M From Open Offer For Acquisitions In Romania, Bulgaria And Greece
Cyprus-based property investment company Secure Property Development & Investment (SPDI) on Friday announced it raised EUR8 million through an Open Offer carried out between February 11 and...
Real Estate Tycoon Puiu Popoviciu Sold His Stake in Orange Romania For Over EUR10M
French telecommunications group Orange last year bought another 0.92% in the subsidiary in Romania from a minority owner, a deal that took its stake from 96.82% to 97.74%, according to its 2...
Top Ten Shopping Center Owners Hold 180 Hectares Of Retail Space in Romania
The ten largest owners of retail spaces in Romania hold together about 1.8 million square meters of malls, retail parks and shopping galleries, which can be valued at about EUR3 billion, acc...
Militari Shopping Center Retailers 2014 Sales Grew 15%, To EUR25M
Retailers in Militari Shopping Center in Bucharest, owned by Atrium European Real Estate, had sales of nearly EUR25 million last year, nearly 15% higher than on 2013, but the center's rental...
INS: Romania’s January Construction Output Falls 5.4% On Month
Romania’s construction output fell in January compared with the previous month, but it was higher against the same period of last year, official data showed Thursday.
DTZ: Romania’s Modern Retail Stock To Exceed 3 Million Sqm In 2015
Romania’s modern retail stock will exceed 3 million square meters this year, compared with 2.86 million sqm in 2013, with one third of the projects delivered in the capital city, Bucharest,...
AFI Europe 2014 Net Operating Income Up 20% At EUR37M
AFI Europe registered net operating income of EUR37 million in 2014, up 20% on the year, from the renting of AFI Palace Cotroceni and Ploiesti shopping malls and the first two office buildin...