Real Estate
Law Firm Popovici Nitu & Asociatii 2012 Revenue Grew 10% But With Additional Costs
Popovici Nitu & Asociatii law firm, one of the largest on the Romanian market, recorded a 10% rise in gross revenue against EUR12.8 million in 2011, thanks to a stable portfolio of clients a...
Studio Moderna Opens Dormeo Home Store In AFI Cotroceni In EUR100,000 Investment
Slovenian company Studio Moderna, the largest television shopping organization in Central and Eastern Europe, opened Friday the first Dormeo Home store in Europe, in shopping center AFI Pala...
Ergun Ergen Consults On Mall On Former Tractorul Site In Brasov
Ali Ergun Ergen, a Turkish executive who has been involved in the development and running of three of the first four malls built in Bucharest, has taken an advisory role for the Coresi proje...
Moldovan Company Gets Levi’s Franchise For Romania
Aridon, a company from the Republic of Moldova, has bought the franchise rights for Romania for fashion brands Levi’s, CELIO* and OODJI which it plans to develop on the Romanian market.
Octavian Radu Drops Debenhams, Exits Fashion Business
Businessman Octavian Radu, whose fashion business included more than ten franchised brands during Romania's retail boom days, will leave the industry after dropping Debenhams and closing the...
Property Deals In Romania Rise Slightly To EUR102M In 1Q/2013
Real estate transactions in Romania amounted to EUR102 million in the first quarter of 2013, slightly up from EUR99 million in the same interval a year ago, but the country lags way behind o...
Immofinanz Rents Around 3,000 Sqm Of Office Space In North Center And Iride Park
Austrian real estate investment group Immofinanz has managed to sign four new rental contracts for around 3,000 square meters of office space in buildings North Center and Iride Business Par...
Esop: Office Space Demand By Midcap Companies In Romania Up 30% In 1Q
Demand for office space by midcap companies in Romania increased by around 30% on the year in the first quarter of 2013, to 168,670 square meters and the bulk of demands targeted spaces that...
Major Real Estate Investors Have EUR1.9B Debt For EUR3.1B Assets
Two thirds of the major real estate assets – malls and office buildings – in Romania are for the moment held by financing banks, reveals a ZF analysis.