Real Estate
Ericsson Expands Bucharest Office By 30%
Swedish communications industry group Ericsson, which is currently employing about 3,000 people in Romania, continues expansion and rented an additional 5,000 square meters in Bucharest.
NEPI Brings Constanta Mall Manager To Run Bucharest’s Mega Mall
Sorin Scintei, the manager who has run for almost six years City Park mall of Constanta, will take over the position of general manager of shopping center Mega Mall South-African group NEPI...
Intersport Returns To Unirii Square
Sporting goods retailer Intersport, brought in Romania by Greek Fourlis Group, returned to Bucharest’s Unirii Square with a store, three years and a half after it vacated the space close to...
Real Estate Developer Plaza Centers Sells Land In Hunedoara For EUR1.2M
Israeli Plaza Centers, developer of the Casa Radio project in Bucharest, sold a land in Hunedoara for EUR1.2 million, on which it was planning to develop a shopping mall.
David Hay, AFI Europe: We’re Thinking Of Selling AFI Park
David Hay, the manager put in charge of the Romanian operations of Israeli group AFI Europe almost four years ago, is getting ready for the delivery of the third AFI Park office building and...
IKEA Owner Selecting Builders For Office Development On Timpuri Noi Site
Real estate company Vastint, part of the Inter IKEA group of Swedish billionaire Ingvar Kamprad, is in the process of choosing the builder for its project on the former Timpuri Noi plant sit...
Strabag Works In Romania Down In January-September, Orders Pick Up
The value of Austria's Strabag works in Romania dropped to EUR93.4 million in January-September, from EUR213.6 million in the same period last year, but its orders went up 62%, to nearly EUR...
Romania Issues Less Housing Permits In October
Romanian housing permits went down 15.9% to 3,243 units in October, from 3,858 units a month earlier, the country’s statistics institute INS said Friday.
Globalworth Buys Skanska’s First Building Of Green Court Office Compound In EUR44M Deal
Globalworth Real Estate Investments, founded by Greek businessman Ioannis Papalekas, has acquired from Swedish-held Skanska Romania the first building of the Green Court office compound in B...