Real Estate
Secure Property Completes Takeover Of Danone Headquarters In Bucharest
Cyprus-based Secure Property Development & Investment (SPDI) completed the takeover of the headquarters of French dairy producer Danone in Bucharest, EOS Business Park building, for EUR5.85...
Carrefour In Talks To Open Hypermarket In Victoria City Mall To Replace Cora
The Benevo Group is in talks with French retailer Carrefour for a hypermarket in the Victoria City shopping center, developed on the site of the former Textila Dacia plant in northwestern Bu...
Phoenicia Hotel Chain Owner Invests EUR4M In Residential Complex In Northern Bucharest
Businessman Mohammad Murad, owner of the Phoenicia hotel chain, invested EUR4 million in a 90-apartment residential project in northern Bucharest.
Renault, Vodafone And Orange Signed Biggest Leases In January-September
Renault Technology Roumanie (RTR), Vodafone and Orange rented the biggest office spaces in Bucharest in the first nine months of the year, on a market where developers continue to deliver ne...
Apolodor: West Of Romania Gets Industrialized At The Expense Of The East
Radu Ouatu, the businessman who owns one of the largest construction companies in Romania, Apolodor Com Impex, says that he has seen some private investment activity in 2014, which led to th...
CBRE: Office Space Transactions Up 14% In January-September
The volume of office space transactions in the first nine months stood at nearly 240,000 square meters, up 14% compared with January-September 2013, while 20% of the contracts are pre-lease...
BCR BpL Concluded Contracts Of RON2.16B In January-September 2014
BCR Banca pentru Locuinte, the housing finance unit of Romania’s largest bank BCR, on Monday said it concluded contracts of RON2.16 billion in January-September 2014, up 57% from RON1.37 bil...
Holcim Cement Sales In Romania Rose In First Nine Months
Holcim's cement sales in Romania increased in the first nine months of the year, contributing to the total volume of 20.2 million tons the company sold in Europe, a market where demand is de...
NEPI Buys Promenada Mall For EUR148M
South-African investment fund New Europe Property Investment (NEPI) paid EUR148 million for the Promenada Mall in Bucharest to Raiffeisen evolution, which invested EUR130 million in the proj...