Real Estate
Bucharest, Key Driver Of Romanian Logistics Market
The Romanian logistics market, valued at EUR6 billion, has shifted from speculative constructions in the 2007-2008 period to a period of “built-to-suit” constructions for companies, but this...
INS: Bucharest-Ilfov Housing Permits Up 35% In Jan-Sep
The number of residential construction permits rose by 35% to 4,721 in Bucharest-Ilfov region in the first nine months of the year, while witnessing a slight decline of 0.2% to 29,000 countr...
Dedeman Buys 3 Ha Land In Bucharest For EUR6M
DIY and home deco retailer Dedeman is buying nearly 3 hectares of land in Bucharest for EUR5.9 million, including VAT, from Rosal Grup, owned by one of the sons of local businessman and poli...
Helios Phoenix Gets EUR21.3M Loan From Alpha Bank London To Finance Logistic Parks In Romania
Greek industrial park developer Helios Phoenix got a EUR21.3 million loan from Alpha Bank London to finance its projects in Romania.
Guess Opens First Outlet Store In Bucharest; Fashion House Plans Second Outlet Mall In 2015
U.S. luxury brand Guess will open a store in the Fashion House Outlet Centre in western Bucharest, in November, Fashion House Group managing director Brendon O’Reilly told MEDIAFAX Tuesday.
INS: Romania Issues More Housing Permits In September
Romanian housing permits went up 6.6% to 3,858 units in September, from 3,618 units a month earlier, the country’s statistics institute INS said Tuesday.
Impact Builds Nine Apartment Buildings In Baneasa, Wants To Start Work On Nine More
Impact Developer & Contractor (IMP.RO), a real estate company controlled by businessman Gheorghe Iaciu, has built nine five-story apartment buildings in the Greenfield residential complex in...
Papalekas Takes EUR30M Loan From BCR To Refinance Center International
Greek businessman Ioannis Papalekas borrowed around EUR30 million from BCR to refinance office building Tower Center International (TCI), which hosts the headquarters of Hidroelectrica and t...
Logistics Space In Bucharest, Among Cheapest In The World
Bucharest ranks 27th among 89 markets by rent prices for logistical space, one of the cheapest destinations in the world and has the lowest price growth forecast for the next four years, acc...