Real Estate
Accor Opens First Mercure Hotel In Romania In November
Accor, the world’s leading hotel operator, will open its first Mercure hotel in central Bucharest at the beginning of November, the operator said in a press release Thursday.
First Ben Sherman Store In Eastern Europe Opened In Bucuresti Mall
The first store in Eastern Europe under British menswear lifestyle brand Ben Sherman was opened in shopping center Bucuresti Mall developed by realtor Anchor Grup.
DTZ Brokered Luxury Real Estate Transactions Worth EUR8M In 2014
Real estate consultant DTZ Echinox brokered transactions with luxury properties worth EUR8 million in the first three quarters of the year, while the sales on this segment rose 100% on the y...
Romania’s Construction Output Up On The Month In August
Romania’s construction output rose in August compared with the previous month, but it still is much lower than last year, official data showed Thursday.
Bucharest’s New Business Hub Sees New Office Projects Sprout
This autumn started with the opening of two office sites near the Pipera subway station and the new buildings are due to be delivered in 2016.
Romania, A “Hot Spot” On Sika’s Development Map
The first nine months of this year were challenging for the Romanian construction sector, as the number of major projects was limited, particularly in the area of infrastructure, says Lauren...
Metex Mulls Selling Store In Targoviste For EUR3M
Metex Targoviste (METG.RO) plans to sell a store in Targoviste town, southern Romania, and its plot of land to Leda Center company, for approximately EUR3 million.
Three-Room Apartment Prices Up 4.4% Since Start Of 2014
Average asking prices for three-room apartments in old buildings in Bucharest have gone up by EUR3,200 or 4.4% since the beginning of the year, to EUR75,850, according to the ZF Real Estate...
French Group Adeo Brings EUR26.5M For New Leroy Merlin Stores In Romania
French-held group Adeo, controlled by the Mulliez family, added EUR26.5 million to the share capital of Leroy Merlin Bricolaj of Romania in a bid to support the development of the local stor...