Real Estate
Romania’s Cement Output Rose 13% In 1Q, To 0.8 Mln Tons
Romania’s cement output rose 13% on the year in the first quarter, to 798,000 tons, Thursday said Mihai Rohan, president of cement maker association CIROM.
ING Bank Plans To Move Central HQ To New Location In Bucharest
ING Bank Romania is under negotiations to move its central headquarters in Bucharest to a new location, after 17 years of using a historic building that has become too confined.
Arad Becomes Sixth City With At Least Three Big Shopping Centers
Israeli group GTC has again confirmed the opening of Arad’s Galleria mall this autumn, the city’s third shopping center, which will boast Spanish group Inditex as a tenant. The opening of a...
PointPark Properties Appoints Stefan Gheorghiu As Head Of Romania Office
Czech logistics projects developer PointPark Properties appointed Stefan Gheorghiu as country manager leading the company’s newly formed Romania office starting June 1.
Inditex Rents 3,700 Sqm In Galleria Arad
Retail group Inditex rented 3,700 square meters in Romanian shopping center Galleria Arad, where it will bring brands such as Zara, Bershka, Pull & Bear and Stradivarius.
CBRE: Bucharest Property Investment To Rise By Yearend
Real estate investment activity in Bucharest and Budapest should increase towards the end of the year, according to a report compiled in June by real estate consultants CB Richard Ellis.
Regina Maria Launches EUR1.7M Clinic In Sun Plaza Mall In Bucharest
Romanian private healthcare operator Reteaua de Sanatate Regina Maria on Wednesday launched a clinic in Bucharest shopping center Sun Plaza, following an investment of EUR1.7 million.
Colliers: Magheru Ranks 65 In EMEA High Street Rents Chart
Bucharest’s Magheru Boulevard posted some of the greatest declines in high street retail rents over the past several years among Europe, Middle East and Africa (EMEA) states, ranking 55 of 1...
“First Home” Remains An Option Only For Clients Who Cannot Afford A Higher Down Payment
“First Home” state-guaranteed mortgage loans remain an option only for clients who cannot afford to pay a 10% or 15% down-payment on the value of the purchase, since there is almost no price...