Real Estate
Belgium’s WDP Is Building Solar Parks To Supply Its Logistics Projects
Belgian real estate developer Warehouses DePauw (WDP), which owns a logistics park supplied with solar energy in Arges county (southern Romania), plans to build photovoltaic parks of over 10...
HeidelbergCement Sales in Romania Fell 7% In 2012, To EUR195M
German group HeidelbergCement registered sales of EUR195 million in Romania in 2012, down 7% on the year, while its net profit rose 12.5% to EUR36 million, mainly thanks to cost restructurin...
Deva-Sibiu Highway Delayed Until 2014
The 115-kilometer long Deva-Sibiu (central Romania) highway will be completed as late as next year, even though its five sections should have been done by April and May 2013, according to th...
Unirea Shopping Center 2012 Profit Surges 66% To RON5.8M
Romania’s Unirea Shopping Center (SCDM.RO) registered 5.4% higher turnover to 82.8 million lei (EUR18.6 million) and 66% higher profit to RON5.8 million on the year in 2012.
EFG Eurobank: Housing Prices In Romania Up Slightly In 1Q
Residential property prices rose slightly in Romania in the first three months of the year, after a mild decrease in the previous quarter, according to EFG Eurobank.
Prime Retail Rents In Bucharest Over 3 Times Higher Than In Other Romanian Cities
Rents of prime retail space in downtown Bucharest may reach even EUR58/square meter/ month, whereas in other big cities in Romania prime rents reach around EUR20 at the most, according to a...
Global Finance Targets 60% Occupancy Rate In Global City Business Park By Yearend
Greek investment fund Global Finance said Monday it has renewed several rental contracts for Global City Business Park and wants to increase occupancy rate from 50% currently to 60% by the e...
Furniture Maker Lemet Opens Store In Craiova Following RON1.7M Investment
Furniture maker Lemet has opened its first store this year, in Craiova, following an investment of around RON1.7 million.
Housing Permits Rise 43.1% On Month In March
Romanian housing permits rose 43.1% to 3,049 units in March, from 2,130 units a month earlier, the country’s statistics institute INS said Monday.