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DTZ: Romania’s Densely Populated, But Lowest-Income Regions, Enjoy Most Modern Retail Developments
Real Estate

DTZ: Romania’s Densely Populated, But Lowest-Income Regions, Enjoy Most Modern Retail Developments

The modern retail stock outside Romania’s capital city Bucharest is 1.9 million square meters, the bulk of which is the country’s North-East, South-East and North-West regions which are the...

Ecaterina Craciun · 18.06.2014 · 15:36 · 2 min
NEPI’s Projects Under Development In Romania Reach Over EUR460M
Real Estate

NEPI’s Projects Under Development In Romania Reach Over EUR460M

South-African investment fund New Europe Property Investments (NEPI) is carrying out investments worth over EUR460 million in Romania, which target new projects or extensions of existing pro...

Ecaterina Craciun · 18.06.2014 · 14:09 · 2 min
Romania Sees Fourth Biggest House Price Fall Among 45 Countries Worldwide In 1Q - Survey
Real Estate

Romania Sees Fourth Biggest House Price Fall Among 45 Countries Worldwide In 1Q - Survey

House prices in Romania reported the fourth biggest fall among 45 countries in the world in the first quarter of 2014, namely 4%, compared with 9.25% a year earlier, according to a globalpro...

Gabriela Stan · 17.06.2014 · 14:44 · 1 min
Garanti Bank Lends EUR4M To FF Group Romania For Real Estate Project
Real Estate

Garanti Bank Lends EUR4M To FF Group Romania For Real Estate Project

Garanti Bank granted a EUR4 million loan to FF Group Romania (former Elmec Romania), for a real estate project downtown Bucharest, an investment worth approximately EUR5 million.

Gabriela Stan · 17.06.2014 · 13:51 · 1 min
NEPI Gets Building Permit For EUR37M Office Project
Real Estate

NEPI Gets Building Permit For EUR37M Office Project

South Africa’s NEPI, which has a property portfolio of around EUR1 billion in Romania, last week obtained the construction permit for an office building next to the Government headquarters i...

Loredana Frățilă-Cristescu · 17.06.2014 · 00:00 · 2 min
Orange Romania, Set To Start Moving 1,500 Employees In Skanska Offices In Autumn
Real Estate

Orange Romania, Set To Start Moving 1,500 Employees In Skanska Offices In Autumn

Mobile telephony operator Orange Romania rented a 13,700-sqm area in Green Court, an office building developed by Swedish group Skanska in northern Bucharest close to Promenada mall and the...

Catalina Apostoiu · 16.06.2014 · 18:00 · 2 min
Ramboll Romania Expands Office Space In Phoenicia Business Center
Real Estate

Ramboll Romania Expands Office Space In Phoenicia Business Center

Environmental consulting company Ramboll Romania has expanded the office space occupied in Bucharest-based Phoenicia Business Center by 800 square meters to 1,300 sqm.

Ecaterina Craciun · 16.06.2014 · 14:08 · 1 min
Romanian Antitrust Watchdog Clears Takeover Of Gealan By VEKA
Companies

Romanian Antitrust Watchdog Clears Takeover Of Gealan By VEKA

Romania's antitrust watchdog on Friday said it has approved the takeover of German PVC profiles maker Gealan by German window PVC profile maker VEKA, both companies operating on the Romanian...

Gabriela Stan · 13.06.2014 · 14:23 · 1 min
Adjusted Construction Works Fall 4.7% On Month In April
Real Estate

Adjusted Construction Works Fall 4.7% On Month In April

Romanian construction works slid 4.7% in April from a month earlier, on falling activity in all sectors, the statistics institute INS said Thursday.

Florentina Dragu · 12.06.2014 · 10:00 · 1 min