Real Estate
Bucharest, The Most Lucrative Market For Shopping Center Owners By Far
Romania’s capital city is the most productive market for owners of shopping centers, followed by Cluj, Iasi, Constanta and Timisoara.
Arad-based Industrial Park Cefin Put Up For Sale For EUR26M Debts
The industrial park built in Arad (western Romania) in 2011 by Italian group Cefin has been put up for sale through direct negotiation by the legal administrator of the real estate developer...
Europa Capital Sells 150 Apartments In Vitan Residence 2 Project
Europa Capital company, part of Rockefeller group, sold all the 150 apartments in the first stage of residential project Vitan Residence 2 in Bucharest, which will have a total 380 apartment...
Most Expensive Building Put Up For Sale In Bucharest Costs EUR7.5M
The most expensive buildings in Romania are located in the capital city, Bucharest, namely a 38-room palace, put up for sale at a price of EUR7.5 million, and an 18-room villa, which costs E...
Romanian Spa Resorts Need State Support To Prevent Ruin
Romanian spa resorts risk having their investments halted, which would lead to degradation in the following years, unless the state intervenes with incentives such as tax exemptions, officia...
Immofinanz Wants Office Building In Downtown Bucharest Included In Its Portfolio
Austria’s Immofinanz is looking into several options to include an office building in downtown Bucharest into its portfolio, said Sorin Visoianu, the executive who five years took over the m...
Coldwell Banker, Colliers, JLL- Biggest Real Estate Consulting Firms In Romania By 2013 Revenue
Most real estate consulting firms in Romania reported increases in turnover in 2013, with firms Krammer&Wagner, DTZ and CBRE boasting the best evolution and Coldwell Banker and Colliers Inte...
Overall Profit Of Cement Producers In Romania Down 10-Fold Compared With 2008
The overall profit reported in Romania by major cement producers HeidelbergCement (Germany), Lafarge (France) and Holcim (Switzerland) fell 2.7-fold on the year in 2013, to RON101 million, f...
Romexpo Can Generate Profits Of EUR2M A Year
All fairs in Bucharest should be held at Romexpo or the expo center's employees would be sanctioned, said the new chief of the Chamber of Commerce and Industry(CCIR), Romexpo's majority shar...