Real Estate
C&W Rates Bucharest’s Magheru Blvd As World's 52nd Most Expensive Street
Magheru Boulevard in Romania's capital city Bucharest fell six spots to the 52nd position in a ranking regarding the world’s 62 most expensive streets.
GTC Sees Losses From Sale Of Three Romanian Shopping Centers At EUR19M
Israeli real estate developer Globe Trade Center (GTC) estimates losses from the sale of three of the shopping centers it owns in Romania at EUR19 million.
Anchor Grup Could Finish Its Second Office Building In Bucharest In 2014
Turkish real estate developer Anchor Grup on Wednesday said it could finish its second office building in capital city Bucharest in 2014 and estimates to conclude the first rental contracts...
NEPI’s 9-Month Profit Doubles To Almost EUR20M
South African realty investments fund New Europe Property Investments (NEPI) Wednesday said its profit attributable to equity holders totaled EUR19.9 million in the first nine months, over t...
Adrian Andrici Hikes Stake In Impact To 10.7%
Businessman Adrian Andrici bought Thursday a 1.44% additional stake in Romanian realty developer Impact Developer&Contractor (IMP.RO), widening its total owned interest in the company to 10....
Impact Developer&Contractor 9-Month Turnover Double On Year, To RON20.5M
Romanian realty developer Impact Developer&Contractor (IMP.RO) on Wednesday said its turnover more than doubled to 20.5 million lei (EUR4.5 million) and its loss widened 13% to RON16.26 mill...
Hornbach Close To EUR100M Sales From Five Stores
Do-it-yourself retail network Hornbach, which expanded its Romanian network to five stores this year, saw 10% higher sales in the first ten months of 2012.
Belgium’s Realtor Warehouses DePauw Sells Czech Unit, Aims Focusing On W Europe, Romania
Belgium’s real estate developer Warehouses DePauw (WDP) Tuesday said it sold the subsidiary in the Czech Republic and aims to further focus on the western European and Romanian markets.
Militari Shopping Center's Net Rental Income Rises 4.7% In Jan-Sept
Property firm Atrium European Real Estate on Tuesday said its net rental income from the Militari Shopping Center in Bucharest increased 4.7% in the first nine months of the year to EUR5.5 m...