Real Estate
Government To Approve List Of Priority Public Investments In One Month – Minister
Romania’s Government will approve a list of priority projects in the next three or four weeks, including several multiannual infrastructure projects, minister-delegate for the state budget L...
Iaciu Sweetens Takeover Bid For Impact By 8% To RON0.1735 A Share
Romanian entrepreneur Gheorghe Iaciu has boosted the value of his buyout bid for 62% in realtor Impact Developer&Contractor (IMP.RO) at around 21.2 million lei (EUR4.7 million), the broker r...
Insolvent Residential Project Citadella Titan Up For Sale For EUR6.85M
Insolvent residential project Citadella Titan in Bucharest could be put up for sale for EUR6.85 million, according to the reorganization plan approved by creditors.
Three Real Estate Projects Worth EUR15M Under Construction Near Hilton
A dentist, Israel-held Jupiter group, which owns a shopping center in Pitesti, southern Romania, and the manager of design and architecture firm Proiect Bucuresti are working on three real e...
Casa de Insolventa Transilvania Appointed Judicial Administrator For Bankrupt Constructor Alpine
Casa de Insolventa Transilvania (CITR) has been designated the judicial administrator for construction company Alpine SA, part of Austria’s Alpine group, undergoing bankruptcy.
Immofinanz Rental Revenues In Romania Climb To EUR12.4M In May 1-July 31
Austrian real estate investment group Immofinanz registered rental revenues of EUR12.4 million in Romania in the first quarter (May 1 –July 31) of fiscal year, higher from EUR11.9 million in...
NEPI Appoints Two New Executive Directors
South-African property investment fund New Europe Property Investments, or NEPI (NEP.RO), said Wednesday it has named two new executive directors effective immediately.
Fifth Bucharest Subway Mainline To Be Ready In 2016, One Year Later Than Planned
The subway mainline linking the Bucharest area of Drumul Taberei to the city center will be ready in 2016, one year later than planned, Prime Minister Victor Ponta said Wednesday, adding he...
Bank Of Cyprus Buys Its Own Stake In Marriott
Unknown Properties Limited, registered in Cyprus, bought for EUR13 million the 35% stake that bankrupt ONT Carpati held in Societatea Companiilor Grand (SCH Grand), the owner of five-star ho...