Real Estate
Third Departure From Jones Lang LaSalle In Three Months
The Romanian unit of Jones Lang LaSalle (JLL), one of the leading real estate consultancy firms, has seen its management shaken up in the past three months, after three executives left the c...
Shareholder of S+B Gruppe: Romania Is Currently Attractive Because It Still Has Homework To Do
Franz Paul Bauer, the Austrian managing director and shareholder of S+B Gruppe, which has invested around EUR120 million on the Romanian market, mainly in real estate, says Romania is curren...
Romanian-Owned DAAS Expands Abroad
DAAS, one of the leading suppliers of equipment for hotels, restaurants and food stores, will open its first branch outside Romania, in the Republic of Moldova, at the beginning of November....
Olteanu, BNR: Banks Should Rethink Financing Policies
Romanian banks should rethink their financing policies and focus on new resources, considering that parent banks are cutting funding to their subsidiaries, central bank deputy governor Bogda...
CBRE Romania Names New Department Heads
Real estate consulting company CBRE Romania appointed Victor Rachita as manager of its office department, replacing Catalina Jigman, who headed the department for the past 11 years.
S+B Gruppe Invests EUR20M In Restoring Bucharest Office, Commercial Building
Austrian real estate developer S+B Gruppe AG said Thursday it invested EUR20 million in rehabilitating a building in central Bucharest, which offers both office and commercial spaces.
Atenor’s Office Compound In Bucharest To Be Financed Through Bond Issue
Belgian group Atenor will finish in November 2013 the construction of the first building of Bucharest’s office compound Hermes Business Campus, whose development will be financed with funds...
Most Romanian Two-Star Hotels To Disappear From Market In Next Years – Tour Operators
Most of Romania’s two-star hotels will disappear from the market in the next years because of low demand, and will either be modernized and reclassifies or demolished, according to tour oper...
GTC Romania Puts Up For Sale 212 Apartments In FeliCity Residential Compound
Real estate developer GTC Romania has put up for sale 212 apartments within the FeliCity residential compound built in northern Bucharest.