Real Estate
French Retailer Auchan Must Satisfy Expansion/Price Conditions In Two Romanian Cities
The takeover by French group Auchan of Real hypermarkets in Targu Mures and Craiova (Romania), where the group almost hit a 40% market share, is conditional on observing several requirements...
Housing Developers In Romania Say Residential Market Picks Up Gradually
Sales reported by housing developers in Romania over the past months point to a slight increase in the local residential market.
Office Space Transactions Outside Bucharest Up Nearly Three Times In January-September
Office space transactions outside Bucharest stood at 14,150 square meters in the first nine months of 2013, up nearly three times from the same period in 2012, according to an analysis by Es...
Malls Conquer Bucharest’s Plants
Bucharest’s heavy industry has been turned into scrap iron or relocated on the outskirts at best in the last ten to fifteen years and the former plant sites have and will continue to be used...
EximBank Moves Headquarters To Kiseleff Palace
Romania’s state-run lender EximBank is moving its headquarters to Kiseleff Palace, Bucharest, to reduce operating costs, the bank said Monday.
Symmetrica Wants To Open New Factories
Symmetrica, one of the leading players on the Romanian stone paving market, plans to increase production by opening new factories.
Inditex, First Tenant Of Coresi Shopping Center Project In Brasov
Spanish group Inditex has leased 6,000 square meters in shopping center Coresi, which is currently developed in Romania's central city of Brasov by Immochan, the real estate division of Fren...
Germany Invested Some EUR3B In Romania’s Construction And Retail Markets
Germany, the third largest foreign investor in Romania’ economy, with more than EUR6 billion pumped locally over the past twenty years, neither brought any of its major banks to Romania nor...
SIF Crisana-Banat Wants To Buy 50.37% Of Transilvania Constructii For RON23.8M
Regional investment fund SIF Crisana-Banat (SIF1.RO) wants to buy 50.37% of construction firm Transilvania Constructii (COTR.RO) for 23.8 million lei (EUR5.3 million), or RON50 per share.