Real Estate
INS: Adjusted Construction Works Up 8.5% On Month In July
Romanian construction works rose 8.5% in July from a month earlier, on higher activity in most sectors, the statistics institute INS said Monday.
CBRE Romania Enters Property Management Market; Sun Plaza First Project In Its Portfolio
Real estate consulting firm CBRE Romania said Thursday it has entered the property management market and the first project it will manage is Sun Plaza, an 80,000-square meter shopping center...
Real Estate Investors Pump EUR250M In Offices Set To Be Ready Within A Year
New office spaces with a lettable area of around 140,000 square meters will become available in Bucharest within a year, according to a ZF analysis which took into consideration the six proj...
Iulius Group Implements Green Certification Process For Iulius Malls
Romanian realty developer Iulius Group, owned by businessman Iulian Dascalu, is carrying out the certification process for its four Iulius shopping malls, real estate consultancy firm Collie...
Romania Present With Five New Entries In Deloitte Top 500 Companies By Revenues
Romania ranks fifth in Central Europe regarding the number of companies included in Deloitte’s Top 500 companies, which takes into account revenues registered last year.
Savini Due 1H Sales Up 5% On Year To Over EUR7M
Romanian bathroom furniture maker Savini Due, controlled by Italian businessman Piersante Savini, registered sales of 32.3 million lei (over EUR7 million) in the first half of 2013, up 5% on...
Autovit Wants To Sell Decebal Tower In Bucharest
Romanian car fair operator Autovit, controlled by South-African company Naspers, wants to auction off Decebal Tower, a luxury block of flats in Bucharest, and expects to get at least EUR12 m...
Bucharest Apartment Rents Down 4% In August
Apartment rents in Bucharest fell by up to 4% in August, as 10% more apartments were up for rent last month compared with the similar interval a year ago, according to website anunturipartic...
INS: Housing Construction Up 5% On Year In January-June
Romanian housing construction rose 4.94% to 16,859 units in the first half from the year-earlier period, on rising activity in both urban and rural areas, the country’s statistics institute...