Real Estate
Anchor Grup To Extend, Revamp Plaza Romania, Bucuresti Mall In EUR50M Investment
Turkish real estate developer Anchor Grup said Wednesday it will invest EUR50 million to extend and renovate the two shopping malls it owns in capital city Bucharest, namely Plaza Romania an...
First Malls Ever Opened In Romania Get An Extension
Bucuresti Mall and Plaza Romania, the first modern malls built in Bucharest will go through a new development phase and get a 20% lettable area extension.
Carrefour Signs Lease Agreement In Korona Mall, Brasov
French group Carrefour Monday signed an agreement concerning a 8,500-square meter leasing area in Korona entertainment and shopping centre in the central town of Brasov, developed by Polish...
Renault May Relocate Production To Morocco Unless Romania Stays Competitive, COO Says
Launched as one of the most efficient and state-of-the-art plants of the Renault-Nissan alliance early this year, the plant in Tangiers will become the main competitor of the facility in Mio...
Construction Sector Faces Funds Cut, Delayed Cash-ins
The major problems faced by Romanian construction sector are the funds cut for the already started projects, the high level of state arrears and the slow pace of paying the debts to entrepre...
Romania Housing Permits Up 3.6% On Month In August
Romanian housing permits were up 3.6% to 3,993 units in August, from 3,856 units a month earlier, the country’s statistics institute INS said Friday.
AFI Invests EUR25M In Second Office Building In Bucharest
AFI Europe, the owner of the AFI Palace Cotroceni Bucharest, will start a EUR25 million investment in the second office building of the AFI Business Park.
AFI Europe Plans To Complete Three Malls, One Office Building On Short-Term
Real estate developer AFI Europe Romania plans to complete, on short-term, the shopping centers in the southern town of Ploiesti, Bucharest-based Bucurestii Noi and western town of Arad as w...
Legal Services Auction For Cernavoda-Medgidia Highway Section Suspended
Romania’s national settlement board has suspended the award procedure for legal assistance in disputes and litigations over the construction of the Cernavoda-Medgidia highway section, in sou...