Real Estate
Romania May Use EU Funds For Building Thermal Rehabilitation
Romania's Development Ministry will use European funds for building thermal rehabilitation, having received the European Commission's permission for this type of investment.
Dedeman Ends Year With EUR60 Million Investments
Bacau-based company Dedeman, the leader of the local do-it-yourself market, will open a 10,500 square meter store in Tulcea on Friday, November 25. The store, a EUR10 million investment, is...
Government To Exempt RA-APPS From Local Property Taxes
Romania's Government will exempt public institutions and RA-APPS, the authority that administers government real estate properties, from paying local taxes on their buildings, says the emerg...
EXCLUSIVE: Romanian Govt Switches Two Party HQs To Private State Domain In View Of Sale
Romania’s Government will transfer the Bucharest headquarters of the ruling Democratic Liberal Party and the Hungarian minority party UDMR from the public to the private domain of the state,...
Public Officials Without Government Residence Will Pay Rent With Public Money
Romanian public officials whose residences will be sold by RA-APPS, the authority that manages government buildings, will have to find a new home on the market, but their rent up to 18,600 l...
Romania To Auction Off 733 Government-Owned Buildings
Romania's Government has cleared RA-APPS, the administrator of residences and other buildings used by public institutions, to sell 733 out of a total 1,100 buildings it manages, in public au...
Fribourg Development To Invest EUR20M In Technological Park In Cluj-Napoca
Romanian Fribourg Development on Wednesday announced it will earmark EUR20 million to convert the Libertatea furniture plant in Cluj-Napoca to a technological park.
Altex To Launch EUR4M Shopping Center In Alba Iulia
Electronics retailer Altex will launch Thursday a shopping center in central Romania, developed by the group's real estate division Cometex following an investment of EUR4 million, funded fr...
NEPI Joins Two Firms To Build Mall In N Bucharest
South-African investment fund New Europe Property Investments, or NEPI, associated with Benevo Capital and CD Capital in view of developing the Victoria City Center in northern Bucharest.