Real Estate
Fast Food Giant Subway To Open First Romanian Restaurant In April
US fast food giant Subway will launch its first restaurant in Romania in April, within the Palas complex developed in northeastern city Iasi by the Iulius Group, the mall owners said Tuesday...
AFI Europe’s Target After EUR500M Investments: Four Malls And A Few Office Buildings In Two Years
David Hay, who has been running the Romanian subsidiary of AFI Europe for almost a year, has a clear target for the next two years: the local portfolio should reach four shopping centers and...
Uzuc To Sell Five Properties For EUR2.15M Total
The shareholders of technological lines maker Uzuc (UZC.RO), part of the Serviciile Comerciale Romane group, owned by businessman Stefan Vuza, approved the sale of five plots in Ploiesti (60...
Notaries Public Raise Minimum Value Of Bucharest Apartments By Up To 10%
The 2012 grid used by Romanian notaries public to determine the minimum fees paid for realty transactions in Bucharest was set considering a 5% to 10% rise in the value of apartments.
Colliers: Industrial Space Development In Bucharest Sank To Six-Year Low In 2011
Developers have completed logistics and industrial projects in Bucharest with a total surface of 10,000 square meters last year, according to a report released Monday by realty advisors Coll...
Badea, Clifford Chance: This Year We’ll Have To Close Ranks And Weather The Storm From The “Greek Tragedy”
Lawyer Daniel Badea, managing partner at Clifford Chance Badea, the Bucharest office of the world’s leading law firm Clifford Chance, expects this year to be difficult, both for the economy...
Construction Firm Concefa Files For Insolvency
Romanian constructions company Concefa Sibiu (COFI.RO) Thursday said it will file for insolvency and expressed its intent to reorganize its activity.
Saint-Gobain Glass Romania Appoints New GM
Saint-Gobain Glass Romania on Thursday announced the appointment of Jerome Lionet as General Manager, “as of mid-January, 2012”.
CBRE: Bucharest Land Market To See Upturn In 2012
Bucharest land market will mainly include property held by financial institutions, and transactions concluded this year could see a low in terms of prices, with investors seizing this opport...