Real Estate
Former Interex Spaces To Be Rented Out Or Sold
Businessman Sorin Bonciu, who a year ago took over the ten Interex stores after the French shareholders left the Romanian market, started finding tenants or buyers for them.
Continental Hotels Aims For 10% Higher Revenue In 2014
Businessman Radu Enache, the owner of the Continental hotel chain, one of the largest in Romania, says he targets a 10% revenue growth this year from EUR21 million last year. However, Contin...
Papalekas In Talks With Ovidiu Buluc To Buy Former Farmexim Platform
Greek businessman Ioannis Papalekas, one of the most dynamic real estate investors of Bucharest in recent years, is in talks with businessman Ovidiu Buluc to acquire a 26,000-sqm land plot i...
Cocor Expects RON0.5M Profit In 2014
Shopping center operator Cocor Bucuresti (COCR.RO) expects a net profit of RON512,000 this year, much lower than last year's net earnings of RON13.2 million, when it recovered from losing RO...
BCR Gained RON21M From Deal With Bucharest City Hall
Banca Comerciala Romana, the largest Romanian bank, last year became the owner of the land plot on Calea Victoriei boulevard where is located Bucharest Financial Plazza, the tower that hosts...
CBRE Romania Names New Leasing Manager At Retail Department
Real estate consulting firm CBRE Romania has appointed Oana Vijiala as leasing manager within the retail department.
KFC Opens Drive Thru Restaurant In Militari Shopping Center In EUR700,000 Investment
Fast-food restaurant chain KFC Tuesday said it opened a new Drive Thru restaurant in capital city Bucharest, in retail park Militari Shopping Center, following an investment of EUR700,000.
Dedeman Invests EUR2.5M In Modernizing Its Store In Braila
Romanian do-it-yourself retailer Dedeman Tuesday said it invested EUR2.5 million in modernizing and expanding its store in Braila (eastern Romania), which will open again Friday.
Apartment Prices In Timisoara Register The Slightest Fall In Last 6 Years
Apartment prices in Timisoara registered the slightest fall in the last 6 years, and in the last year, they even increased, thus, the city is the safest destination for real estate investmen...