Real Estate
Romanian M&A Market Doubled To $788M In 2012
The value of the Romanian merger and acquisition (M&A) market doubled last year to $788 million despite a decrease in the number of transactions compared with 2011, according to consultancy...
Cora To Open Its First Romanian Mall In April
Cora, which operates a hypermarket chain in Romania, will open its first local mall in Constanta (SE Romania) in April.
Three Large Bucharest Office Towers In Search Of Tenants
Tower Center, Charles de Gaulle Plaza and Sky Tower – three of the best-known office buildings in Bucharest, started 2013 with more than 60,000 square meters of space available for rent over...
Patriciu And AIG Lincoln To Sell Office Building Lakeview
South-African investment fund New Europe Property Investment (NEP.RO) could buy one of the leading business centers in Bucharest in a deal estimated at around EUR70 million.
Eurostat: Romania Sees Highest House Price Decline In EU In 3Q, 2012
Romania registered the highest decrease in house prices in the European Union in the third quarter of 2012, of 4.2%, compared with the second quarter, official data showed Thursday.
Siminel Andrei: Winmarkt's Sale Was NCH's Best Deal In Romania
Siminel Andrei, who runs the Bucharest operations of US investment fund NCH, one of the biggest investors in the Romanian economy 10-15 years ago, believes the best deal the fund made in Rom...
NCH Collects EUR20M/Year From Romanian Retail Properties
American investment fund NCH holds 1,000 retail spaces in 30 Romanian towns, which generate EUR20 million annually, the fund’s president Andrei Siminel said Wednesday.
Romania Signed No Highway Construction Contract In 2012
Six national road repair projects, construction of three bypasses and road strengthening works – these are the main contracts signed by the company in charge of Romania’s national roads and...
Romanian Realty Transactions Up 9.1%, Mortgage Deals Down 22% On Year In 2012
The number of real estate transactions in Romania rose 9.16% to 705,338 in 2012, compared to 646,112 in 2011, but the number of mortgage deals registered at Romania's National Cadastre Agenc...