Real Estate
SIF Banat-Crisana Sells 49.6% In Transilvania Constructii For RON29M
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) on Thursday sold a 49.6% stake in construction company Transilvania Constructii (COTR.RO) for 29.1 million lei (EUR6.5 million),...
Colliers: Fifty New Foreign Retailers Eye Romania
The Romanian retail market is becoming more and more attractive to investors and about 40% of retailers interested in Central and Eastern Europe (CEE) are looking at Romania, according to Co...
Shopping City Ploiesti Retailers Registered Sales Of EUR25M Since November 2012
Retailers hosted by shopping center Shopping City Ploiesti, which was opened in November 2012, registered sales of over EUR25 million over the past year, the mall said in a press release Thu...
Automotive Retail, Real Estate And Food Retail Are Romania’s Most Competitive Markets
The automotive retail, real estate agencies and food retail are Romania’s most competitive markets, while the cement, notaries public and natural gas production sectors are the least competi...
Impact Developer Loss Widens To Over RON20M In January-September
Romanian realty developer Impact Developer&Contractor (IMP.RO) Wednesday said its loss rose 25% on the year to 20.4 million lei (EUR4.6 million) in the first nine months of 2013.
Alumil Rom 9-Month Net Profit Falls To RON1M
Romanian aluminum processor Alumil Rom Industry (ALU.RO) Wednesday said its net profit fell to RON1 million (EUR0.231 million) in the first nine months of 2013, from RON2.4 million in the si...
Laminorul Braila 9-Month Loss Falls To RON26.8M
Romanian metal and alloy maker Laminorul Braila (LMRU.RO) reduced loss 2.3 times in the first nine months of 2013 to 26.8 million lei (EUR6 million), from RON63.5 million in the similar inte...
Bucharest’s Magheru Boulevard World’s 55th Most Expensive Retail Location - Survey
The Magheru Boulevard in Bucharest is ranked 55th in a Cushman&Wakefield chart of the most expensive 64 boulevards in the world, with an average annual rent of EUR600 per square meter (or EU...
Iulius Group’s Malls & Palas Iasi Report EUR46.6M Rental Revenues In First 9 Months
The five shopping centers owned by Romanian businessman Iulian Dascalu and his Palas Iasi mixed development generated aggregate rental revenues of EUR46.6 million in the first nine months of...