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Real Estate

Marius Locic Renders Residential Compound Insolvent

Locic Residential, controlled by businessman Marius Locic, under investigation in a corruption case alongside Catalin Voicu, Costel Casuneanu and Florin Costiniu, went insolvent at the begin...

ZF English · 19.05.2011 · 23:37 · 1 min
Bucharest Has EUR300M Worth Of Tradable Property - DTZ Echinox
Real Estate

Bucharest Has EUR300M Worth Of Tradable Property - DTZ Echinox

Realty projects currently available in Bucharest could generate transactions worth more than EUR300 million, Thursday said Cristian Ustinescu, investment director at real estate consultancy...

Andrei Cîrchelan · 19.05.2011 · 19:37 · 1 min
Capital Market

NEPI Portfolio Includes 33 Properties Worth EUR313.7M - Prospectus

South African property investment fund New Europe Property Investments (NEPI) has a portfolio which includes 33 properties worth a total EUR313.7 million, according to the company’s prospect...

Andrei Cîrchelan · 19.05.2011 · 18:47 · 1 min
Bluehouse Capital Seeks New Property Deals In Romania
Real Estate

Bluehouse Capital Seeks New Property Deals In Romania

Greek Bluehouse Capital, which holds several office buildings, shopping centers and plots in Bucharest, will continue to acquire real estate projects in Romania, focusing on retail parks and...

Andrei Cîrchelan · 19.05.2011 · 16:41 · 1 min
Capital Market

NEPI Admitted To Trade On Bucharest Stock Exchange

Romanian securities regulator CNVM on Wednesday approved the prospectus for the admission to trading of South African property investment fund New Europe Property Investments, or NEPI.

Andrei Cîrchelan · 19.05.2011 · 13:57 · 1 min
Real Estate

Global Finance To Start New Real Estate Development In Bucharest

Private equity firm Global Finance plans to start a real estate project this year in Bucharest’s Calea Floreasca area, and to resume development on the Global City Pipera compound.

Andrei Cîrchelan · 18.05.2011 · 17:37 · 1 min
Real Estate

GE Real Estate, Helios Phoenix To Invest EUR10M In Two Logistics Parks

US GE Real Estate and Greek Helios Phoenix on Wednesday said they have completed the first phase of a 28,500-sqm logistics park in western Romanian city Timisoara, and they will soon start a...

Andrei Cîrchelan · 18.05.2011 · 16:30 · 1 min
Social/Politics

Senators Reject Bill On Building Rehabilitation

The Romanian Senate on Wednesday rejected a bill on the rehabilitation of buildings, put forward by the Ministry of Regional Development and Tourism.

Ioana Tudor · 18.05.2011 · 14:19 · 1 min
Eurostat: Romania's 1Q Construction Output Falls At 3rd Slowest Pace In EU
Analysis

Eurostat: Romania's 1Q Construction Output Falls At 3rd Slowest Pace In EU

Romanian construction output fell 2.9% on the quarter in January to March, the third smallest decline in the European Union, official data showed Wednesday.

Florentina Dragu · 18.05.2011 · 13:25 · 1 min