Real Estate
Holcim Romania Reports 10% Rise In First Half Volumes
Holcim, the world’s second-largest cement maker, Thursday reported a 10.2% increase in its Romanian cement and clinker sales volumes for the first half of the year.
GTC Romania Boasts 99% Pre-Rental Of Galleria Arad Mall
Property developer GTC Romania on Thursday announced it has almost entirely rented out the Galleria Arad mall, which is set for launch within two months.
Romania To Build 1,400 Flats In Bucharest For RON290M Through Public Housing Program
Romania's Government on Wednesday approved the technical-economic indicators for the construction of 1,400 flats in Bucharest's sector 2, through the "Homes for youth" program, run by the Na...
BelRom Borrows EUR9.5M From BRD For NE Romania Retail Park
Belgian group BelRom secured a EUR9.5 million loan from BRD-Groupe Societe Generale (BRD.RO), to fund a retail park in northeastern Romanian town Botosani.
CBRE: Bucharest Office Pre-Letting Makes Second Quarter Comeback
The pre-let office areas in Bucharest rose 118% year-on-year in the second quarter, after a long interval with no contracts, according to a study published Wednesday by realty consultants CB...
Militari Shopping Center Rental Revenue Drops 1.2% In 1H, To EUR3.29M
Property company Atrium European Real Estate on Tuesday reported a 1.2% decline, to EUR3.29 million, in its revenue from renting Bucharest’s Militari Shopping Center in the first half.
GTC To Open Galleria Arad In October
Israeli-group Globe Trade Center (GTC), led in Bucharest by Shimon Galon, one of the most experienced real estate developers on the market, will open the company’s fourth local mall on Octob...
Energy Efficiency Certificate Required When Selling Or Letting Home
Developers will have to carry out a study on alternative heating systems, before being issued construction authorization, as of next year, and the energy efficiency certificate will be requi...
NEPI Continues Acquisitions
South African investment fund NEPI, which made the largest acquisitions on the Romanian real estate market between 2009 and 2010, has continued to sign deals into this year, adding the shopp...