Real Estate
Paint Plants Operate At Half Capacity In Romania
Policolor, one of the largest players on the Romanian paint and varnish market, expects the industry to stabilize this year, though it may slightly contract.
Romania’s Tallest Building Set To Reach 50% Occupancy Rate In Two Months
The construction of Sky Tower, a 36-floor and 137-meter high office building, was completed more than a year ago and just 35% of spaces have been filled so far.
Romania, Among Europe's Cheapest Countries By Costs Of Renting Out Ready-To-Use Office Space
Romania is one of the least expensive countries in Europe in terms of costs with renting out ready-to-use office space, with flexible use periods, for around EUR200/month, according to Flash...
25 Strongest Romanian Building Materials Brands Have Annual Sales Of EUR1B
Brand has become a solid argument in end consumers’ buying decisions in the building materials industry as well.
Finland’s Ahlstrom Capital Invests Around EUR10M In 230 Apartments Near Bucharest
Real estate developer BDY Invest, owned by Finnish investment fund Ahlstrom Capital, plans to complete 230 apartments in Bragadiru (near capital city Bucharest) by the end of 2014, following...
DTZ: Two Office Buildings Of 23,400 Sqm Delivered In Bucharest In 1Q/2014
Real estate developers completed two office buildings of 23,400 sqm in the first quarter of 2014, in capital city Bucharest, and 102,000 sqm are expected to be delivered by the end of the ye...
Microsoft, Linde Gaz, ZTE- Tenants Of 1st Office Building Of Optica Business Park In Timisoara
Microsoft, Linde Gaz and ZTE are among the tenants of the first office building of Optica Business Park compound developed in the western city of Timisoara by the Cristescu brothers, owners...
Over 30% Of Malls In Romania Need Upgrades Totaling EUR200M
More than one third of shopping malls in Romania needs upgrade works that would cost more than EUR200 million, according to real estate consultancy firm Immpuls.
Susli Buys 76% In Praktiker Via Company With No Operations And Employees
Businessman Omer Susli, who reached an agreement at the end February to buy the Romanian operations of the Praktiker group after the bankruptcy of the German-held do-it-yourself retailer, wi...