Real Estate
Esop: Bucharest Has 170,000 Sqm Of Office Space In Villas For EUR11/Sqm/Month
Bucharest has 172,000 square meters of office space available in villas and most rent out for EUR11/sqm/month, according to real estate consultant Esop Consulting.
Kingfisher Launches EUR275M Takeover Bid For Mr Bricolage
Europe’s leading home improvement retailer Kingfisher Thursday announced it launched a EUR275 million takeover bid for French home improvement retailer Mr Bricolage, adding that the process...
Anchor To Soon Start Remodeling Of Its Bucharest Shopping Malls
Real estate developer Anchor Grup, which owns the first two malls built in Bucharest, Bucuresti Mall and Plaza Romania, will begin remodeling of the latter in about a month.
Carrefour Is The First Tenant Of Future Shopping Center In Bucharest Obor Area
Businessman Florin Pogonaru has signed an agreement with Carrefour for a space of around 10,000 square meters within the shopping center he plans to build through Prodplast Imobiliare, which...
Bucharest Among World’s Cities With Over 100,000 Sqm Of Retail Space Under Construction
Bucharest, Kiev and Sofia are the only capital cities in Central and Eastern Europe (CEE) where real estate developers are building shopping centers totaling over 100,000 square meters, acco...
Law Firm Bostina si Asociatii Exits Insolvency And Industrial Property Market
Romanian law firm Bostina si Asociatii Wednesday said it decided to no longer operate on the insolvency and industrial property market due to recent amendments to the law regulating legal pr...
Romtelecom Hires KPMG To Appraise Its Real Estate Assets
Romtelecom, one of the largest telecom operators in Romania, has chosen audit and advisory firm KPMG to appraise its real estate assets throughout the country. Romtelecom owns almost two mil...
DIY Retailer Dedeman Sales Overshoot EUR600M Mark
On a do-it-yourself market where Praktiker and Bricostore changed owners and BauMax and OBI are planning to leave, the Paval brothers took Dedeman to over EUR600 million revenue.
IKEA Wants To Expand Romanian Supplier Base
Swedish group IKEA, the world’s largest furniture retailer, plans to bolster furniture acquisitions from Romania as part of its global strategy targeting sales of EUR50 billion by 2020.