Real Estate
JLL Appoints New Head Of Capital Markets Department In Romania
Silviana Badea has been appointed head of Capital Markets Department of real estate consulting firm JLL Romania.
Debenhams Becomes Competitor For Zara, H&M, Sephora And Douglas
UK’s Debenhams returns to Romania after a two-year hiatus by opening a store in Bucuresti Mall and its new franchisee plans to open two new stores a year.
Zara Owner Resumes Expansion In Romania
Spanish-held Inditex is set to open ten stores in Romania in 2015 in Bucharest’s Mega Mall and Brasov’s Coresi shopping centers and thus reach 108 units under seven brands, including Zara, P...
Housing Fair Organizers: Real Estate Developers Resume Investments In Romania
Gindi Group, one of the largest real estate developers in Israel, has returned to the Romanian market where it resumed the construction of a 324-housing unit project in Bucharest's Mihai Bra...
Global City Offices Reach 60% Occupancy With Bergenbier Lease
Beer manufacturer Bergenbier, owned by Canada's Molson Coors, leased 1,200 square meters of office space in the Global City Business Park office compound in northern Bucharest, owned by Glob...
Adama Starts Construction Of 77-Apartament Compound In Bucharest, In EUR3M Investment
Real estate developer Adama, owned by Austria’s Immofinanz group, starts the construction of a new residential compound in Bucharest’s Berceni district, which will include 77 apartments and...
JLL: Office Stock Grows Faster Than Demand, Vacancy Rate Seen Rising
Developers announce office projects at a fast rate, mostly speculating, but demand in Bucharest will likely remain constant in the following years, therefore the vacancy rate will rise again...
Romania Housing Construction Down 2.3% In 2014
Romanian housing construction was down 2.3% to 42,589 units in 2014, despite rising investment in urban areas, the country’s statistics institute INS said Friday.
Borc, Lafarge Romania: CRH Takeover Doesn't Entail Restructuring
CRH's takeover of the Romanian assets of cement manufacturer Lafarge will not entail restructuring, Lafarge Romania CEO Costin Borc said Thursday.