Real Estate
Inter IKEA: We Hope To Buy Another Plot Of Land In Bucharest In 2015
Vastint Romania, the real estate arm of Inter IKEA, has started work on office buildings on the former site of the Timpuri Noi plant and is looking at other potential acquisition targets as...
Court Rules Against SIF Oltenia Petition To Block Financing For Prodplast Imobiliare Shopping Center
Bucharest Court ruled against the petition of regional investment fund SIF Oltenia to block the financing for Prodplast Imobiliare shopping center, but the decision is not final and can be a...
Gran Via Completes 170 Apartments, Starts Two New Buildings Near Plaza Romania
Spanish Gran Via group will complete work on two buildings with 170 apartments, part of the Timisoara 58 complex in the west of Bucharest, in May.
Romanian Investors Buy Turbomecanica Industrial Platform For EUR5M
Romanian investors Robertino Georgescu and Dan Dragulin, who bought the site of Policolor paint plant in Bucharest last year, will also buy industrial platform Turbomecanica in the capital c...
Colliers: Real Estate Market To Post Remarkable Growth On Office, Investment Segments In 2015
The Romanian real estate market will register remarkable increases on the office and investment segments, while the favorable context is expected to continue in the next two or three years,...
CEC Bank Can Give Loans Of RON735M This Year Under First Home Program
CEC Bank will be able to grant loans totaling RON735 million this year under the state guaranteed mortgage lending First Home program, the bank said in a statement Thursday.
Tax Code Draft: Romanian Government To Hike Property Tax
Romania's government plans to establish taxes on apartments and houses at 0.08%-0.2% of the taxable value, from the current 0.1%, as of January 2017, according to the new Tax Code Draft.
Kingfisher Teams Up With Metro In Romania For Temporary Brico Depot Warehouses
Britain’s Kingfisher, which owns Bricostore and Brico Depot stores in Romania, forged a partnership with German group Metro to open some temporary warehouses in the spaces of the cash&carry...
Kingfisher Remodels Six More Bricostores Into Brico Dépôt
British DYI retailer Kingfisher announced it is starting remodeling works on six more stores bought from Bricostore into Brico Dépôt stores.