Real Estate
Online Retailer eMAG Moves To New Headquarters
Romanian online retailer eMAG has rented 2,700 square meters in Swan Office&Technology Park, to relocate its headquarters, according to a news release issued Friday by company owner Dante In...
Lasselsberger Romania Appoints New General Manager
Ceramic tiles maker Lasselsberger on Friday announced the appointment of Kurt Ternegg as general manager and board president of Romanian units Lasselsberger SA and Sanex SA, replacing Christ...
Banks Become Largest Owner Of Real Estate Assets
After the wave of foreclosures and real estate development bankruptcies in the last two years, local banks have come to hold office buildings, apartments and plots valued at nearly EUR1 bill...
Romania’s Property Management Market Seen At Up To EUR100M
The local outsourced property management market is evaluated at EUR20 million, but adding the facility management component the market reaches a value of EUR80-100 million, Thursday said Val...
Cora Romania Opens Hypermarket In Arad, After EUR5M Invest
Retailer Cora Romania launched Thursday its eighth hypermarket, in the Galleria Shopping Center Arad, following an investment of EUR5 million.
INS: Adjusted Construction Works -4.5% On Month In August
Romanian construction works fell 4.5% in August compared with a month earlier, as developers built fewer projects, the statistics institute INS said Thursday.
Willbrook International Launches EUR100M Business Center In Bucharest
Realty developer Willbrook International launched Wednesday the Willbrook Platinum center for business and conference, in northern Bucharest, following an investment of EUR100 million.
Architecture Market Still Underperforms
The architecture and design market had its glory days between 2006 and 2008, simultaneously with the construction segment, and will not return to similar values in less than five years’ time...
Spanish Brands To Change Face Of Unirea Shopping Center
Unirea Bucharest, a shopping center with a 30-year history, will change its outer appearance by the end of the year, with the advertising panels that have covered the shopping center in the...