Real Estate
Value Of Apartments On Sale In Bucharest Estimated At EUR2B, Half Of 2008 Level
Over 20,000 apartments in Bucharest were put up for sale in the first seven months of 2014 and their value is estimated at EUR1.2 billion, according to real estate website imobiliare.net.
Helios Phoenix Expands Industrial Parks In Brasov, Timisoara, Targets Other Cities
Greek industrial park developer Helios Phoenix is expanding the Olympian Park projects in Brasov and Timisoara by around 25,000 square meters, as the existing space of more than 45,000 sqm h...
Dafora Puts Up For Sale Non-Core Assets Worth RON30M
Romanian drilling company Dafora Medias (DAFR.RO) Tuesday said it plans to sell assets worth 29.8 million lei (EUR6.7 million) that are not related to its core business.
Best Business Centers In Bucharest
Victoria Center, located on Calea Victoriei street, Sky Tower (near Promenada mall) and business park AFI Business Park (near AFI Palace Cotroceni shopping center) are Bucharest’s office pro...
NEPI Closes Book Build; Raises EUR100M In Capital
South-African investment fund New Europe Property Investment (NEP.RO) has closed its book build launched earlier Monday after raising approximately 1.4 billion South African rand (some EUR10...
Prefab Sells Assets To Finance Activity
Romanian building materials maker Prefab Bucuresti (PREH.RO), owned by businessman Marian Petre Milut, plans to sell several assets, including a 12-room villa in the seaside resort Jupiter a...
Immofinanz Posted EUR47.9M Revenue In Romania In 2013/2014 FY
Austrian property investor Immofinanz posted revenues of EUR 47.9 million in the 2013/2014 financial year, ended April 30, from leasing out its 17 real estate projects in Romania.
NEPI Seeks To Increase Capital By EUR80M
South-African investment fund New Europe Property Investment (NEP.RO) Monday said it plans to raise about 1.14 billion South African rand (some EUR80 million) through the issue of new shares...
Genpact Leases Last 3,000 Sqm In United Business Center Tower In Cluj
Iulius Group, owned by businessman Iulian Dascalu, has leased out the entire space in its United Business Center Tower office building in Cluj, to be ready in September, as outsourcing firm...