Real Estate
JLL: Shopping Centers Delivery In Romania Seen At 9-Year Low In 2014
The modern retail stock remained unchanged at 1.66 million square meters in Romania as no retail projects were inaugurated in the first quarter of 2014, while only two projects (62,000 sqm)...
Nearly A Third Of Apartments For Sale In Bucharest Cost Over EUR100,000
Most people interested in buying an home have budgets of EUR40,000-60,000, an interval covered by up to 50% of housing up for sale in cities in the country except for capital Bucharest where...
NEPI 1Q Net Profit Rises To EUR13.3M
South-African investment fund New Europe Property Investment (NEP.RO) on Thursday said its net profit attributable to stockholders rose 18.6% to EUR13.28 million in the first quarter, from E...
Number Of Real Estate Deals In Romania Rose Nearly 8% In January-April
The number of real estate deals in Romania increased nearly 8% (over 21,000 transactions) in January-April 2014, reaching 283,871 deals, the national cadastre agency ANCPI said Thursday.
Backhoe Loader, The Star Of Romania's Construction Machines Market
On Romania’s market of new construction machines, valued at EUR50 million, backhoe loaders bring half of sales.
Alumil 1Q Revenue Up 31% To RON14.4M
Romanian aluminum processor Alumil Rom Industry (ALU.RO) Wednesday said its revenue rose 31% in the first quarter of the year, to 14.4 million lei (EUR3.25 million), from RON11 million in th...
NEPI’s Cluj-based The Office Building, 55% Rented 2 Weeks Before Delivery
Cluj-based office building The Office, developed by South-African investment fund New Europe Property Investments (NEPI) in partnership with Romanian businessman Ovidiu Sandor, is over 55% r...
Bucharest's Liberty Center Has Only 50 Stores Left
The Liberty Center mall in southwest Bucharest district Rahova, an about EUR70 million investment completed at the end of 2008, is still ailing two years after its creditors, Alpha Bank, Eur...
Auchan To Buy Real Estate Hosting Its Pitesti-based Hypermarket For EUR19M
Auchan Romania offered EUR19 million to Rolast company for the real estate which hosts Auchan Gavana hypermarket in Pitesti city (former real) and the complex of shops, the company stated.