Real Estate
Carrefour, NEPI Develop Mall In Ploiesti; 50% Already Rented
New Europe Property Investments (NEPI) and Carrefour Property on Thursday announced that more than 50% was rented in the Ploiesti mall they are jointly developing.
Bucharest Mayoralty To Revamp Arch Of Triumph In RON31M Investment
The Arch Of Triumph in Bucharest will be consolidated and restored following an investment of 31 million lei (EUR7.1 million), after City Hall and the Ministry of Development on Wednesday si...
Evaluation Firm Darian Posts 12% Hike In 2011 Sales, To EUR3M
Romanian evaluators Darian DRS on Wednesday reported a turnover of EUR3 million for 2011, up 12% on the year, reaching a level similar to pre-crisis results.
Benevo Capital Buys Plot In Bucharest For Retail Park
Canadian-owned Benevo Capital Tuesday said it has paid EUR23 million for a plot of land belonging to power equipment maker Vulcan (VULC.RO), a company owned by Romanian businessman Ovidiu Te...
UniCredit Bank Austria Lends EUR13.4M To AFI Europe For Bucharest Office Project
Developer AFI Europe, member of AFI Group, received funding worth EUR13.4 million from UniCredit Bank Austria, to develop the first of five buildings within the AFI Business Park Cotroceni p...
Ali Ergun Ergen Returns As CEO To Anchor Grup To Help Bucharest’s First Two Malls Back Up
Ali Ergun Ergen, who ran the Baneasa shopping center in northern Bucharest until the end of last year, has been appointed chief executive officer of Anchor Grup again. He was Anchor’s CEO du...
National Cadastre Agency To Award EUR50M Contract For Land Book Digitization
Romania's National Cadastre Agency (ANCPI) on March 20 will hold an auction for the archival and digitization of 5.07 million land books, in a contract worth an estimated 217.7 million lei (...
NEPI Buys Office Park City Business Centre In Timisoara
Real estate investment fund New Europe Property Investments (NEP.RO) Thursday said it has paid EUR16.55 million for the shares in a 40,000 plus square meters office park in Romanian western...
Companies To Pre-rent 40% Of Bucharest Class A Office Space In Next Two Years
The scarce offer of large office spaces in Bucharest will likely prompt companies to pre-rent 40% of the total surface to be delivered in the next couple of years, property consultancy firm...