Real Estate
Sanofi Romania, First Tenant Of 2nd Building Of Office Compound Green Court
Drug maker Sanofi Romania is the first tenant of the second building of Bucharest-based office compound Green Court developed by Swedish real estate developer and construction company Skansk...
Globalworth Posts EUR70M Profit In 1Q After Acquiring Realty Assets At Prices Below Valuation
Globalworth Real Estate Investments, founded and owned by Greek businessman Ioannis Papalekas, reported profit before tax of around EUR70 million in the first quarter of 2014, after acquirin...
Dragos Dinu One Step Away From Becoming Tiriac Holdings CEO
Dragos Dinu is one step away from taking the position of chief executive officer of Tiriac Holdings, a group of more than 40 companies in automotive, real estate, aviation, retail, energy an...
Prodplast Imobiliare Plans EUR10M Bond Issue
Prodplast Imobiliare, through which Romanian businessman Florin Pogonaru is developing a shopping center in the Obor area, plans to launch a bond issue of maximum EUR10 million.
NEPI Plans To Buy 7.4-Ha Land In Piatra Neamt; Acquire Remaining Stake In Mega Mall Project
South-African investment fund New Europe Property Investment (NEP.RO) wants to buy a 7.4-hectare land in Piatra Neamt where it will develop a shopping center and to take over the remaining s...
Eurobank Property Services: Residential Prices In Romania Down 2% On Year In 2Q
Housing prices in Romania fell 2% on the year in the second quarter of 2014, suggesting a slightly sliding trend, with variations at regional and urban level, according to Eurobank Property...
Frankstahl Romania Targets Up To 10% Higher Sales In 2014
Steel trading company Frankstahl Romania, part of Austrian group Frankstahl, registered a 10% increase in the steel quantities traded in the first six months, compared with January-June 2013...
Immofinanz Exits Logistics Market In Poland, Czech Republic; Focuses On Romania, Germany, Russia
Austrian group Immofinanz, one of the largest property investors on the Romanian market, sold two logistics projects in Poland and the Czech Republic for EUR33.2 million, and announced it wi...
CBRE: Vulcan Value Centre And Targu Jiu Shopping City, The Only Malls To Be Delivered In 2014
Only two of the shopping centers under construction, namely Bucharest-based Vulcan Value Centre and Targu Jiu Shopping City, both developed by South-African investment fund New Europe Proper...