Real Estate
Raiffeisen Evolution Negotiating Sale Of Promenada Mall
Austrian real estate developer Raiffeisen evolution is negotiating the sale of the Promenada shopping center, a EUR130 million investment that opened less than one year ago in Bucharest, sou...
Romanian Roads Authority Seeks Builder For Satu Mare Beltway For Nearly EUR185M
Romania's roads authority CNADNR is seeking a builder for the beltway of the city of Satu Mare, northern Romania, for an estimated RON693.4 million (EUR157.6 million) to RON812.4 million (EU...
DTZ: Investors Might Reassess Option To Build Industrial Spaces On Speculative Basis As Of 2015
Demand of industrial spaces accounted for 70% of the surface rented in January-June, while companies in the manufacturing sector were the most active; thus, next year developers might reasse...
Carrefour Becomes Co-Owner In ParkLake Mall
Sonae Sierra and Caelum Development, the developers of the ParkLake shopping center in Bucharest, have reached an agreement with retailer Carrefour on the sale and operation of a 12,000 -squ...
Artemis Holding To Develop 5 Real Estate Projects Near Timisoara
The company did not mention the amounts assigned to the investments or the period of time until their completion.The five projects are Sanandrei Industrial Park, Swiss Park Giarmata, Swiss V...
Romania July Construction Output Posts Sharpest Decline In EU
Romanian adjusted construction output fell 19.7% in July compared to July 2013, the sharpest decline in the European Union, official data showed Wednesday.
Cluj-Napoca, Most Expensive Romanian City By Minimum Apartment Rental Rates
Cluj-Napoca is the most expensive city in Romania by minimum rental prices for one-room, two-room and three-room apartments, exceeding prices in the capital city Bucharest, according to real...
Romania’s Construction Material Output Up 9.3% In 1H
Production of construction materials in Romania in the first six months of this year saw a 9.3% growth compard to the same period last year, according to data provided by national statistics...
Argentopoulos, Baneasa: Retailer Sales Up Because Of Rise In Traffic
George Argentopoulos, the chief executive officer of the company managing the Baneasa Shopping City project in northern Bucharest, says he did not see any rise in average spending in the fir...