Real Estate
Romania Posts Highest Increase Of Construction Production In EU In November
Romania registered in November the highest increase of production in constructions sector in EU, of 5.8%, from a 5.4% decline a month earlier, according to Eurostat data.
AFI Europe To Extend AFI Cotroceni Shopping Mall Spaces
AFI Europe started the expansion and reorganization of the spaces in AFI Palace Cotroceni shopping center, the company said in a statement.
Luxoft Expands Offices With Additional Floor In Novo Park
IT services company Luxoft has expanded its office space with an additional floor in the Novo Park office building in northern Bucharest, the building's developer said in a press release Mon...
Nearly 80% Of Office Space Leased In Bucharest Last Year Located In Northern Area
Nearly 80% of offices leased in Bucharest last year were located in the center-north and northern parts of the city, and businesses could switch focus to the center-west area in 2015 and 201...
Zara, H&M And Koton To Open Stores In ParkLake Shopping Center
Retailers Inditex, H&M, Koton and Maxitoys will open stores in ParkLake shopping center, located in Bucharest’s Titan district and developed by real estate companies Sonae Sierra and Caelum...
Romanian Construction Industry Lost Over 100,000 Employees In 7 Years
Romania's construction industry, which has contracted by around 45% since the beginning of the crisis, lost around 109,000 employees between 2008-2014, namely almost one quarter of the entir...
Europe House Office Building Reaches 97% Occupancy Rate
Europe House office building, owned by Austrian group CA Immo, reached an occupancy rate of 97% after software company Arnia rented 1,550 square meters, in a transaction brokered by DTZ Echi...
Government To Discuss Extending First Home Program End-February
Romania's government will discuss a bill in February amending the First Home program to include homeowners who want to buy bigger homes if they sell their current property.
First Home Program Gets RON2.5B For Guarantees This Year
This year's government-guaranteed mortgage lending First Home program will have a maximum guarantee budget of RON2.5 billion plus funds left unused last year, the government decided Wednesda...