Dedeman’s Paval Brothers One Signature Away from Paying EUR100M for The Office in Cluj
03.26.2019
Dedeman has reached an agreement with property investment company NEPI-Rockcastle and businessman Ovidiu Sandor to buy The Office building in Cluj-Napoca in the largest deal outside Bucharest, market sources say.
-
Colliers Takes Over Management Of Business Garden Bucharest Office Compound yesterday, 16:18
Colliers International was appointed to provide property management services for Business Garden Bucharest, an office compound developed by Vastint... more
-
AFI Europe Signs Non-Binding Letter to Acquire NEPI's Romanian Office Portfolio yesterday, 10:30
Real estate developer AFI Europe, present on the Romanian market since 2005 through its AFI Europe Romania branch, has signed a non-bonding letter... more
-
JLL: Industrial Space Demand Doubles In 1H/2019, To 250,000 Sqm; Bucharest Attracts 43% Of Demand 07.15.2019
The volume of industrial and logistics space leased in the first half of 2019 totaled 240,700 square meters, more than double the level registered... more
-
LafargeHolcim To Acquire Romanian Precast Producer Somaco 07.15.2019
Global cement manufacturer LafargeHolcim has signed an agreement with Oresa Ventures for the acquisition of Somaco, one of Romania’s leading... more
-
Hosiery Maker Adesgo Seeks To Sell Plant Site for EUR13M
07.15.2019
Hosiery manufacturer Adesgo SA has put up for sale its building and land on Calea Serban Voda Bucharest almost 17 years after being acquired by... more
-
AFI Europe Signs Pre-Contract To Acquire Casa Radio In Bucharest For EUR60M 07.11.2019
Real estate developer AFI Europe, present on the Romanian market since 2005 through its AFI Europe Romania branch, has announced the signing of a... more
-
JLL: Net Office Space Demand Up 43% To 60,000 Sqm In 2Q/2019 Vs 1Q/2019 07.11.2019
The net demand for office space grew 43% in the second quarter of 2019 compared with the first quarter, to nearly 60,000 square meters, accounting... more
-
Polytechnic University Of Bucharest Gets EUR25M EIB Loan For Construction Of New Building 07.09.2019
The European Investment Bank (EIB) has agreed to provide EUR25 million to increase the quality, efficiency and effectiveness of teaching, learning... more
-
Romania Registers 40,207 Real Estate Deals In June 2019 07.09.2019
The number of real estate deals in Romania stood at 40,207 in June 2019, 4,249 fewer than in May 2019 and 8,374 fewer than in June 2018, according... more
-
ING Tech Leases 13,000 Sqm For Its New HQ Within Dacia One Building Developed By Atenor Group 07.08.2019
ING Tech, the global software development hub of Dutch banking group ING, has leased a space of 13,000 square meters for the company’s new... more
-
3house Coworking Space Concept Reaches 1,700 Sqm Of Space Within Unimed Building In Bucharest 07.08.2019
3house, a coworking space concept launched in 2018 by entrepreneurs Vlad Craioveanu and Ilinca Paun, announces the expansion by two new stories of... more
-
JLL: More Romanian Capital Needed in Real Estate 07.08.2019
Romanian investors are starting to become more and more active on the local real estate market but most of them buy projects worth several million... more
-
Real Estate Deals In Cluj-Napoca Exceed EUR600M In 2018 07.05.2019
The value of real estate transactions in Romania's north-western city of Cluj-Napoca exceeded EUR600 million in 2018, four times higher than in... more
-
Kaufland Set to Develop Office Building in Barbu Vacarescu Area 07.05.2019
German-held retailer Kaufland has applied for a zoning permit from the Bucharest City Hall for a plot of land behind its store on Barbu Vacarescu... more
-
CTP Buys Logistics Park A1 Bucharest Park For EUR40M 07.04.2019
CTP, the largest developer and administrator of premium industrial and logistics parks in Romania and Central and Eastern Europe (CEE), has... more
-
Accor To Buy Orbis' Hotel Services Business for EUR286M 07.04.2019
French hotel group Accor has acquired the hotel services division of Polish group Orbis, namely franchise and management contracts over 136 hotels... more
-
CTP Secures EUR82M Credit Line to Expand CTPark Bucharest West 07.03.2019
CTP, the largest developer and administrator of premium industrial and logistics parks in Romania and Central and Eastern Europe (CEE), has secured... more
-
Policolor Invests EUR7M in New Factory in Western Bucharest 07.02.2019
Paint and coatings manufacturer Policolor-Orgachim, owned by investment fund Reconstruction Capital 2 (RC2), has completed the construction of a... more
-
UK Developer London Partners Completes EUR26M Residential Project in Bucharest 07.02.2019
UK real estate developer London Partners has completed SoHo Unirii, a EUR26 million residential project in downtown Bucharest, the company said... more
-
Ion Tiriac Set to Develop Mixed-Use Project in Northern Bucharest 07.02.2019
Billionaire Ion Tiriac plans to build through Tiriac Holdings the largest real estate project in the Romexpo area on the plot of land he owns... more
Private healthcare network Regina Maria has been put up for sale by its owner, Polish buyout investor Mid Europa Partners. The deal
more
Romania's government will lower the tax on banks' financial assets and decouple it from money market rates, according to a draft
more
Romania's government will postpone until May 31 the enforcing of new share capital requirements for administrators of mandatory private
more
Nuclear power company Nuclearelectrica (SNN.RO) on Tuesday concluded a framework agreement with General Electric Global Services GMBH /
more
Low-cost airline Blue Air has signed a new bilateral interline agreement with state-run airline TAROM.
more
The number of tourists in Romania grew 6.7% in 2018 and the turnover generated by the hotel industry is estimated at EUR1.2 billion,
more
Financial analysts’ confidence in Romania’s economy perked up in February compared with January but is still below the level
more
Molson Coors Global Business Services (GBS), the services center of Canadian group Molson Coors which owns brewer Bergenbier in
moreAnalysis
Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.
