Real Estate
Mall Owner: Retailers Come To Sell, Not For Zero Rent
Christopher Shonn, managing director of Argo Real Estate investment fund, the largest owner of shopping centers on the Romanian market, says attracting large foreign investors by exempting t...
Willbrook International Romania CEO Resigns
Realty developer Willbrook International on Monday announced that chief executive officer Daiana Voicu resigned citing personal reasons, and chief operations officer George Ispas will replac...
NEPI Gets EUR40M In Share Capital Hike
South-African realty investment fund New Europe Property Investments (NEP.RO) on Monday announced it has drawn EUR40 million from shareholders and investors within a share capital increase,...
Udrea: Samsung Might Develop Romania's General Cadastre
The Samsung group is interested in developing Romania's general cadastre, through a public-private partnership, Regional Development Minister Elena Udrea said Monday.
Tenants To Withhold And Pay Taxes Owed By Landowners
Taxes owed by Romanian landowners will be withheld and transferred to the budget by the tenants, and the owners will not have to file a statement on their income from rents if they choose fo...
Housing Construction Down 16.2% In Third Quarter - INS
Romanian housing construction fell 16.2% to 11,278 units in the third quarter from the year-earlier period, due to declining activity in both urban and rural areas, the country’s statistics...
Wood Processors Optimistic About 2012: Construction Market Seen Most Promising In Europe
Wood processing companies are optimistic about 2012 and either have investments in progress such as Egger or are thinking about expanding production capacity, such as Austria’s Kronospan int...
Retailers’ Expansion Plans Keep Logistics Operators Busy
Almost 180 trucks of logistics operator FM Logistic are loaded with products from customers every day, among which Cora, Profi, Bricostore and Carrefour, as well as Nestle, Danone, Coca-Cola...
Apartment Prices Continue To Go Down And Are Now EUR3,000 Cheaper Than In Summer
Prices of three-room apartments in Bucharest old blocks continued to decline in November and are now 0.6% lower from October and 4% lower compared with May. This is what the real estate inde...