Real Estate
Competition Council: Cement Market And Notarial Services Most Prone To Antitrust Violations
Cement production and sale, notarial services, freight and passenger transportation and the wholesale of liquefied petroleum gas (LPG) for gas-powered stoves are the markets most inclined to...
After Selling 3 Projects This Year, Ca Immo Romania Focuses On The EUR70M Orhideea Project
Austria’s CA Immo, which sold EUR130-140 million worth of properties this year in Romania, plans to start works on an office project in Orhideea area next spring, a EUR70 million investment...
First Phase Of NEPI’s Cluj-Based The Office Over 80% Rented
The first phase of office compound The Office in Cluj-Napoca (northwestern Romania), developed by South-African investment fund New Europe Property Investment (NEPI) and businessman Ovidiu S...
GTC In Talks To Take Over Two Office Buildings From Volksbank In Romania; Eyes A Third Project
Real estate company GTC, which developed in Bucharest projects such as America House of Piata Victoriei or City Gate towers of Piata Presei, considers acquiring three office buildings in Buc...
DTZ: Over 500,000 Sqm Of Bucharest Office Space In Various Stages Of Planning
More than 500.000 square meters of office space in Romania’s capital Bucharest currently are in various stages of planning, accounting for nearly 25% of the current office stock, according t...
Businessman Dragos Bilteanu Sells Romenergo Land To NEPI
Romanian businessman Dragos Bilteanu, who has become one of the biggest investors in the regional investment funds (SIFs) over the last few years, has sold to South Africa’s NEPI (NEP.RO) th...
Coresi Mall In Brasov, Scheduled To Open Next Spring, Is 75% Constructed
The Coresi Shopping Resort in Brasov, developed by Immochan, the real estate division of French retailer, scheduled to open next spring, is 75% constructed at the end of November, the compan...
NEPI Raises EUR150M For Promenada Mall, Other Investments
South-African investment fund New Europe Property Investment (NEPI) has raised around EUR150 million in a capital hike to fund its acquisition of the Promenada shopping mall in Bucharest and...
Deutsche Telekom Leases First Building In Globalworth Campus Office Development
Greek businessman Ioannis Papalekas and Telekom Romania Telecommunications, part of Deutsche Telekom Group, signed a 10-year lease agreement for 25,000 square meters in the first office buil...