Real Estate
JLL: Volume Of Land Transactions In Romania Could Be Hurt As Landowners Not Keen To Sell
The volume of land transactions in Romania could be negatively affected because most landowners are “relaxed” and in no hurry to sell their plots of land, which will further reduce retailers...
JLL: Central-Western Part Of Bucharest Has Huge Potential, Floreasca Area Becomes Risky
The central-western part of Romania’s capital city Bucharest has the highest potential for office developments, due to good infrastructure, low office stock and low vacancy rate, real estate...
DIY Retailer Praktiker Seeks To Sell Romanian Operations
German do-it-yourself retail chain Praktiker is seeking buyers for its Romanian operations, which include 27 stores with sales of EUR142 million in 2012.
Esop: Office Space Transactions Outside Bucharest Up Four Times In 2013
Office space transactions outside Romania’s capital city Bucharest stood at 23,128 square meters in 2013, over four times more than in 2012, according to data by Esop Consulting I CORFAC Int...
Octagon Carried Out Construction Works Worth Around EUR20M In 2013
Construction company Octagon Contracting & Engineering contracted six new projects in 2013 and carried out civil building works worth around EUR20 million, according to company data released...
VEKA Sales In Romania Up 7% In 2013
Sales of German window PVC profile maker VEKA in Romania, both direct sales and via the Romanian division, increased 7% on the year in 2013, VEKA Romania said in a statement Monday.
BCR Outsources Part Of Cemacon's Debt To Dutch Investment Fund
Romanian lender BCR has outsourced EUR12 million of local brick maker Cemacon's (CEON.RO) debt to Netherlands-registered investment fund Business Capital For Romania Opportunity Fund Coopera...
Skanska Finds First Tenant For Green Court, Continues Investment
Swedish-held Skanska construction and real estate development group will step up investment in Romania as of this spring, when it begins work on the second building of the Green Court office...
Leroy Merlin Buys Land For New EUR15M Store
French-held do-it-yourself retailer Leroy Merlin, which in the autumn of 2011 opened the first store of Romania in Chitila, northern Bucharest, has recently bought a 4.3-ha land plot in the...