Real Estate
Immochan: There Are Too Few Retailers In Romania
Shopping center owners find it hard to fill 130 stores as the number of retailers boasting nationwide coverage is small and a large part of them are not expanding at the moment, says Tatian...
Octagon 2014 Turnover Seen Down At EUR16M
Construction company Octagon Contracting & Engineering reported a turnover of EUR6.5 million in the first six months of 2014, and estimates a EUR16 million turnover for the entire year, down...
Belgium-Held Atenor To Start EUR30M Investment In Pipera In Autumn
Belgium's group Atenor, which completed its first project in Romania this spring, an office building in Hermes Business Campus of Pipera, is to start this autumn works for the second buildin...
Esop: Midcap Companies Leased Around 35,000 Sqm Of Office Space In 1H, Up 10% On Year
Medium-sized companies in Romania leased some 35,000 square meters of office space in the first half of 2014, up 10% from roughly 31,000 sqm in the year-earlier period, and firms in the sect...
Prodplast Owner Seeks EUR35M Loan To Build Shopping Center In Bucharest
Romanian businessman Florin Pogonaru wants to borrow EUR35 million to finance the building of a shopping center in Bucharest via his real estate firms Prodplast Imobiliare, whose share capit...
20 Companies Rented 74,000 Sqm Of Office Space In H1
The 20 largest office space rental deals in Bucharest in the first half of the year were signed for about 74,000 square meters, or 3.5% of the 2.1 million square meter stock in the city, acc...
Romania Awards EUR18M Contract For 5 Km Of Brasov Beltway
Romania’s roads authority CNADNR has awarded a contract of nearly RON80 million (EUR18.2 million), VAT included, to an association led by French group Eurovia for the construction of a 4.9-k...
Eurostat: Romania 1Q House Prices Fall At 5th Fastest Pace In EU
Romanian house prices fell 3.3% in the first quarter from the year-earlier period, the fifth largest decline in the European Union, official data showed Thursday.
Bucharest More Expensive For Expats Than Last Year - Survey
Bucharest ranks 159 among the world's 211 most expensive cities in the world for expats, as the cost of living has increased since 2013, according to a survey by human resources consultant M...