Real Estate
Iulius Group Plans EUR12M Investment In Park Landscaping, Office Building
Romanian realty developer Iulius Group, owned by businessman Iulian Dascalu, on Tuesday said it plans to develop an EUR12 million project which includes landscaping a park in Cluj-Napoca, in...
Immofinanz Rents 42,500 Sqm Of Office, Logistic Space In Three Large Romanian Cities
Austrian real estate investment firm Immofinanz has signed over the past five months rental contracts for 42,500 square meters of office and logistic space in buildings located in three larg...
Argo Real Estate Opportunities Fund Signed 100 Rental Contracts In Romania Last Year
UK Argo Real Estate Opportunities Fund (Argo) signed over 100 rental contracts (both new and renewed) last year in the retail parks it owns in Romania, which represents 5% of the fund’s loca...
NEPI, Ovidiu Sandor To Start Construction Of Office Tower In Cluj-Napoca
South-African investment fund New Europe Property Investment (NEP.RO) and businessman Ovidiu Sandor will soon start the construction of an office tower in Cluj-Napoca, northwestern Romania,...
Garanti Leasing Estimates To Grant Financing Of RON10M This Year
Garanti Leasing, part of Garanti Romania, is launching its first financing line in lei for vehicles, equipment and real estate, and estimates to give loans of 10 million lei (EUR2.27 million...
Bank Turns Into Real Estate Developer
The real estate arm of Piraeus Bank, Piraeus Real Estate, will invest several million euros to complete six apartment buildings part of the Seasons Residence complex in Brasov (central Roman...
Developers Prepare More Office Space In 2013, Fewer New Retail Projects
The overall office space to be delivered in Bucharest this year will increase considerably compared with 2012, while the number of new retail projects will continue to decrease, real estate...
JLL: Real Estate Investor Sentiment Regarding Romania Improved Towards End-2012
Investor sentiment regarding Romania’s macroeconomic fundamentals improved towards the end of 2012, leading to a more active investment market with a few large transactions in advanced stage...
INS: Adjusted Construction Works +1.6% On Year In 2012
Romanian construction works rose 1.6% on the year in 2012, boosted by a 10.4% increase in new constructions, the statistics institute INS said Thursday.