Real Estate
Laura Dumea-Bencze Reappointed Head Of CBRE Romania’s Research Department
CBRE Romania, the local subsidiary of commercial real estate services company CBRE, appointed Laura Dumea-Bencze as head of its research department, a position she also filled two years ago.
NEPI Says It Acted Legally In Relation To Purchase Of Shopping Center Sibiu’s Debts
South-African investment fund New Europe Property Investments (NEP.RO) said Thursday it has acted lawfully in relation to the purchase of Shopping Center Sibiu’s debts, adding that the compa...
Eurostat: Romania Sees Highest House Price Increase In EU In 1Q/2013
Romania registered the highest increase in house prices in the European Union in the first quarter of 2013, of 4.3%, compared to the fourth quarter of 2012, official data showed Thursday.
Borgo Italiano Invests EUR25M In Luxury Residential Compound In W Romania
Italian real estate developer Borgo Italiano has started the construction of a luxury residential compound in Timisoara (western Romania), which engulfs EUR25 million.
Former Headquarters Of Connex And Generali Become IBM Buildings
Giant IBM, the world’s largest provider of IT services, has accelerated its expansion on the Romanian market by fully renting two office buildings in Bucharest.
Owner Of Shopping City Sibiu Takes NEPI, Volksbank To Court
Investment fund Argo Real Estate, which owns four shopping centers in Romania, has started legal proceedings against Austrian lender Volksbank and South-African investment fund New Europe Pr...
Mohammad Murad Opens Five-Star Romanian Seaside Hotel In EUR5M Investment
Lebanese businessman Mohammad Murad, owner of the Phoenicia hotel chain, will open a five-star all inclusive hotel in Navodari seaside resort on Saturday, following an investment of around E...
Shopping Malls Worth EUR600M Insolvent, Closed Or Left Unfinished
Eleven shopping centers in Romania went insolvent or ceased activity and constructions on ten other shopping mall projects were halted after investing millions of euros already, which do not...
Lasselsberger Plans To Make 1 Mln Square Meters Of Porcelain Tiles In 2013
Lasselsberger, the owner of ceramic wall and floor tile brand Cesarom, says it will manufacture about one million square meters of porcelain tiles in its Cluj-Napoca plant by the end of 2013...