Metro Cash & Carry To Triple Logistics Space
02.15.2019
Metro Cash & Carry store chain plans to almost triple logistics area once the new platform now under construction in Stefanestii de Jos near Bucharest has been completed.
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Government Approves RON2B Guarantee Budget for 2019 First Home Program yesterday, 18:36
Romania's government on Tuesday approved a guarantee budget of RON2 billion this year's state-guaranteed First Home program for first time homebuyers. more
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C&W Echinox: Developers To Deliver 1.2 M Sqm of Industrial, Retail, Office Space in 2019 yesterday, 13:40
Investors plan to deliver industrial, retail and office spaces with a total area of 1.2 million square meters, a new market record, compared with... more
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Hagag Development Gets Building Permit for Downtown Bucharest Residential Project yesterday, 13:05
Hagag Development Europe, part of HAGAG Group of Israel, was granted a building permit for its H Victoriei 139 residential project in downtown... more
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Globalworth Completes Construction Of Renault Bucharest Connected 02.18.2019
Real estate developer Globalworth, the leading investor on the office space office market in Central and Eastern Europe, has completed the... more
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CBRE: Realty Deals At EUR940M In 2018, Similar With 2017 Level; Office Space Segment The Most Dynamic 02.18.2019
Real estate transactions completed in 2018 reached EUR940 million, similar with the level registered in 2017, but 30% higher than the level... more
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Local Entrepreneur Invests EUR10M in Residential Project in Bucharest 02.18.2019
Local entrepreneur Alexandru Tiron will invest EUR10 million in a residential project in the western area of Bucharest, the first stage of which is... more
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Mindspace Opens Co-Working Space in Globalworth Campus in Bucharest 02.14.2019
Mindspace, an Israel-based global provider of co-working spaces, has opened its first co-working center in Romania, in the Tower 1 building in... more
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JLL: Bucharest Office Vacancy Rate AT All-Time Low in 2018 02.14.2019
The vacancy rate on the Bucharest office market dropped to an all-time low of around 6.6% in 2018, compared with 9.2% at the end of 2017, amid... more
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Dutch Remon Vos Becomes Largest Owner of Logistics Space in Romania 02.14.2019
Industrial and logistics space developer CTP, held by Dutch entrepreneur Remon Vos, has reached one million square meters of logistic and... more
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Chitila Turns Into Bucharest’s Future Logistics And Industrial Hub 02.12.2019
Chitila represents the future logistics hub of capital city Bucharest, for both warehouses and the light industrial production, in the context in... more
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C&W Echinox: Office Transactions Hit EUR95M in Romania in 2018 02.12.2019
Office building transactions in Romania reached the highest level of the last decade in 2018, of EUR957 million, according to the Romania... more
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CBRE: Bucharest Sees 66% Surge In Employee Numbers In IT&C Industry In Last Ten Years 02.11.2019
Over the last ten years, Romania's capital city Bucharest has seen a 66% surge in the number of employees in the IT&C industry, to more than 70,000... more
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AFI Europe Signs Non-Binding EUR60M Bid for Casa Radio in Bucharest 02.11.2019
Real estate developer AFI Europe, present on the Romanian market since 2005 through its AFI Europe Romania branch, has signed a non-binding letter... more
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Daimler Builds EUR20M Logistics Center Near Bucharest 02.11.2019
Germany’s Daimler, owner of the Mercedes-Benz brand and of the transmissions plant in Sebes in Romania, plans to develop a logistics platform in... more
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Sale of The Office in Cluj-Napoca Attracts Interest from Ion Tiriac and Paval Brothers 02.08.2019
NEPI Rockcastle and Ovidiu Sandor, the owners of The Office project in Cluj-Napoca, are in talks with several investors to sell it, among whom Ion... more
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C&W Echinox: Land Transactions in Bucharest Hit New Record in 2018 02.07.2019
Developers and real estate investors completed land acquisitions with a cumulative value of around EUR245 million last year in Bucharest, a new... more
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Developer CTP Built Plant for Opsan and Warehouse for Arctic Near Pitesti 02.06.2019
CTP, a developer of logistics and industrial space will soon complete construction of the Opsan plant near Pitesti and has already built the 20,000... more
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Alexandru Mitrache Promoted Head of Transactions – Land & Investment at C&W Echinox 02.05.2019
Cushman & Wakefield Echinox announced Tuesday it is strengthening its Capital Markets team by promoting Alexandru Mitrache as Head of Transactions... more
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Morgan Stanley Looking into Buying Hermes Business Campus in Bucharest 02.05.2019
Morgan Stanley Real Estate Romania, the local division of the US group, is looking into the acquisition of the Hermes Business Campus office... more
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CBRE: Bucharest Office Space Market Continues Accelerated Growth; To See 15 New Projects In 2019 02.04.2019
Bucharest office space market keeps growing at a fast pace, with 15 new projects of over 300,000 square meters being announced for 2019. Currently,... more
The lending rebound, the rise in interests and the improvement of portfolio quality helped Romania’s banking system post an
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Companies Bog’Art SRL Bucuresti, Construcţii SA Sibiu, Kesz Constructii Romania SRL Cluj and Porr Construct SRL Bucuresti have
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German Zeitfracht Group has joined the shareholding structure of low-cost airline Blue Air, holding 10% of the airline’s share
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Office building transactions in Romania reached the highest level of the last decade in 2018, of EUR957 million, according to the
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Chitila represents the future logistics hub of capital city Bucharest, for both warehouses and the light industrial production, in the
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The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June
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Swiss giant Nestle, one of the largest players on the Romanian consumer goods market, will close its Romanian factory, located in the
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Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania,
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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.
