Real Estate
Romanian Symmetrica 1H Turnover Up 40% To EUR5.9M
Romania’s Symmetrica on Monday said it sold over one million meters of paving setts and cobbles in the first half of 2012, which increased its turnover by over 40% to EUR5.9 million.
Plants Worth Over EUR100M Put Up For Sale Following Insolvency
The financial crisis over the past three years has “brought down” many malls, housing projects and store chains, as well as tens of plants operating in the food, industrial and construction...
Prefab Sales Fall 15% On Year In January-June
Romanian building materials maker Prefab (PREH.RO) Friday reported first-half sales of 27 million lei (EUR5.95 million), down 15% from RON31.8 million a year earlier.
Businessman Adrian Andrici Hikes Stake In Impact's Share Capital, At 5.75%
Romanian businessman Adrian Andrici bought Wednesday a 0.76% stake in the share capital of Romanian realty developer Impact Developer&Contractor (IMP.RO), for a total of 181,000 lei (EUR40,0...
INS: Adjusted Construction Works Fall 10% On Month In June
Romanian construction works fell 9.9% in June after growth a month earlier, due to declining activity in most sectors, the statistics institute INS said Wednesday.
NEPI’s Profit Attributable To Shareholders Doubled In 1H To EUR14.37M
South-African real estate investment fund New Europe Property Investments (NEP.RO) said Tuesday its profit attributable to shareholders stood at EUR14.37 million in the first half of 2012, d...
Bucharest Liberty Center Sold At Auction For EUR60M
Liberty Center in capital Bucharest has been auctioned off Tuesday for EUR60 million and the buyer is firm Rosequeens Properties, owned by Rosequeens Properties Limited, registered in Cyprus...
Owners Of Cocor Shopping Center Sell Seaside Hotel For EUR18M
The owners of shopping center operator Cocor Bucuresti (COCR.RO) plan to sell Cocor hotel complex in Neptun seaside resort, southeastern Romania, at a starting price of EUR18 million.
Immofinanz Revenue In Romania Up To EUR47.1M In FY 2011-2012
Real estate investment firm Immofinanz reported revenue of EUR47.1 million from rents in Romania in the financial year ended July 31, which made up 8% of the company's total revenue.