Real Estate
Prodplast Imobiliare Shareholders OK EUR10M Bond Issue, Share Capital Hike
Shareholders of Prodplast Imobiliare, through which Romanian businessman Florin Pogonaru is developing a shopping center in the Obor area, approved the launch of a bond issue of maximum EUR1...
DTZ: Romania’s Real Estate Market To Attract New Institutional Investors Soon
The Romanian real estate market will soon attract new institutional investors, following the resurgence of deals in markets like the UK, France, Germany and Ireland, Spain and Italy, where s...
Militari Shopping Center’s 1H Net Rental Income Falls 12.3% To EUR3M
Property firm Atrium European Real Estate said Thursday its net rental income from the Militari Shopping Center in Bucharest fell 12.3% to EUR3 million in the first six month, due to difficu...
Skanska In Talks Over Green Court Sale
Swedish-held Skanska group, the developer of the Green Court office building complex in Barbu Vacarescu area in northern Bucharest, has started talks with investors for a potential sale of t...
Dedeman Reaches 38 Units After Opening EUR11M Store In Deva
Construction material and home deco retailer Dedeman is opening its 38th store Friday, in Deva, following an investment of around EUR11 million.
Expansion, The Mission Of Kika's New Boss
Romania is a rather empty market for the Steinhoff group, owner of the kika furniture retailer, which operates a furniture and home decor store in the western part of Bucharest. One store is...
Leoni Rents Nearly A Quarter Of Industrial Park In Arad
Automotive industry wiring manufacturer Leoni Wiring Systems Arad, a subsidiary of German group Leoni, will occupy nearly a quarter (7,000 square meters) of an industrial park resulted from...
AFI Europe Leases Out Three Of Five Office Buildings In AFI Park
AFI Europe has reached a 100% occupancy rate in three out of five office buildings in its AFI Park office development in Bucharest, after leasing 6,000 square meters to Canada's Telus Intern...
Victoria City Development Hazy As Cora Considers Pulling Out
The development of the shopping center Victoria City on the site of the former Textila Dacia plant in Bucurestii Noi district in NW Bucharest is hazy, now that retailer Cora intends to drop...