Real Estate
Oradea Business Parks Eurobusiness I, II Attracted Investments Worth Over EUR200M
Business parks Eurobusiness I and II, administered by company Eurobusiness Parc, controlled by the Oradea City Hall, have attracted investments of about EUR205 million and will create 6,000...
Play Again&The Jack Invests EUR1.2M In Play Zone In Shopping City Ploiesti
Play zone operator Play Again&The Jack invested EUR1.2 million in a family entertainment center located in Shopping City Ploiesti, which was developed by South-African investment fund New Eu...
Office Space To Be Delivered In Bucharest In 2014 At Record Low Since 2000
Office projects to be completed in Bucharest in 2014 will include only 48,700 square meters, a record low since 2000, according to estimations by real estate consulting firm CBRE.
Apartment Rental Rates In Romania’s Main Cities Fluctuated During Past Year
Rental prices for apartments in Romania’s main cities saw fluctuations during the past year, from increases of EUR70 (28%) to decreases of EUR50 (17%), depending on locations and types of ap...
Carrefour To Open Its 25th Romanian Hypermarket In 4Q/2013
French retailer Carrefour said Thursday it will open its 25th hypermarket in Romania in the last quarter of 2013, in the southeastern city of Galati.
Nike Importer Turns Bucharest Downtown Building Into Office-Retail Space
Elmec Romania, part of Greek-held group Folli Follie which holds the Nike franchise for on the local market, started reconstruction works on a historic building near the University Square in...
Magheru Blvd - Bucharest’s High Street That Still Lacks An Identity
Magheru Boulevard linking Romana Square to Universitatii Square in central Bucharest lacks some of the things that major shopping streets in other European cities have. Thus, international f...
BILKA Steel Wants To Open Steel Roof Tile Plant Outside Romania, Buy Local Competitor
Romanian steel roof tile maker BILKA Steel, owned by businessman Horatiu Tepes, plans to expand business outside Romania and take over a local competitor, which would require investments of...
New Apartment Prices In Bucharest Up To 60% Lower After Five Years Of Crisis
The average prices of new apartments in capital city Bucharest have decreased by nearly 45% over the past five years and prices of apartments within residential compounds Ibiza Sol and FeliC...