Retail&Consumer
Investment Fund To Acquire Bucharest’s Vitantis Shopping Center
Investment fund Equest Balkan Properties (EBP) is close to completing the sale of shopping center Vitantis Shopping Center to Revetas Capital specialized in the acquisition of "distressed" r...
Bucharest Set To Reach 36 Or Even 40 Hypermarkets In Next Two Years
So far, 25 hypermarkets have been built in Bucharest, operated by Carrefour, Auchan, Kaufland and Cora networks. In the next two years, their number could go to 36 or even 40 units, in the w...
NEPI Set To Reach EUR1.5B Portfolio In Less Than Two Years
In the past five years, the real estate portfolio of investment fund NEPI has swollen from less than EUR100 million to over one billion euros. South-African-born Martin Slabbert, the fund’s...
International Retailers’ “Unhealthy” Expansion Stifles Small Merchants
Entrepreneurial businesses of modern retail are set to remain under the sign of the crisis in 2014 as well, as consumption appetite is still feeble and international chains are adding severa...
Profi Opens New Store In Turda
Discount retailer Profi Friday said it opened a new supermarket in Turda town, Cluj county (northwestern Romania), thus reaching a 221-unit network in Romania.
Militari Shopping Center’s 1Q Net Rental Income Falls Over 17% To EUR1.4M
Property firm Atrium European Real Estate said Friday its net rental income from the Militari Shopping Center in Bucharest fell over 17% to EUR1.4 million in the first quarter of 2014, due t...
Farmers’ Solutions To Get Higher Farmgate Milk Prices
Buying ‘special’ cows and reinventing collective farms are Romanian farmers' solutions to drive the farmgate milk prices up, given the competitive imbalance between milk producers and proces...
Lidl Puts Up For Sale 15 Land Plots In Romania
Germany’s Lild has put up for sale 15 land plots covering more than 8.5 hectares which are adjacent to the stores the company has already opened in several cities of Romania such as Buhusi,...
Peeraj Wants EUR30M Sales From Geox, Swarovski And Jack&Jones Stores In Romania
United Arab Emirates group Peeraj entered Romania’s fashion market eight years ago and now holds over 40 stores under nine brands in a franchise system, including Geox or Swarovski, and reac...