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.
-
Romania Has 3.71 Million Sqm Of Malls, Retail Centers And Galleries – On Average 191 Sqm/1,000 Inhabitants 04.10.2019
The stock of modern retail space in capital city Bucharest remained stable in 2018, at 1.2 million square meters, 7% higher than the stock in... more
-
Reynaers Romania: Aluminum Carpentry Market Seen Up 5%-10% In 2019 04.10.2019
Reynaers Aluminium Romania, the local division of European developer of aluminum products for the building sector, expects a 10% increase in its... more
-
Real Estate Developers Delivered Over EUR1.3B Worth of Retail, Office and Industrial Space in 2018 04.10.2019
The total value of the retail, office and industrial properties delivered in 2018 stood at EUR1.3 billion, 20% higher than in 2017, data... more
-
JLL: Office Space Market Remains Attractive For Existing And New Companies 04.08.2019
The year 2019 jump-started for the market of office space transactions and all signs suggest the upward trend will be kept until the end of the... more
-
Developer Gran Via Goes to Constanta with EUR60M Residential Project 04.08.2019
Spanish-held real estate developer Gran Via, which has completed about 1,000 homes in Bucharest so far, has started work on a new residential... more
-
Dedeman Owners Recruit Raiffeisen's Investment Manager to Run Paval Holding 04.05.2019
Dragos and Adrian Paval, the owners of DIY retail chain Dedeman, have recruited Laurentiu Ciocarlan, head of Raiffeisen Bank's investment... more
-
Five Companies Own Two Thirds of Romania’s Industrial Space 04.05.2019
CTP, WDP, P3, Logicor and Globalworth own more than 2.5 million square meters of industrial space out of a total stock of 3.8 million square... more
-
C&W Echinox Sees Valuation Volume Growing 25% This Year, to EUR5B 04.04.2019
The valuations department of real estate consultancy firm Cushman & Wakefield Echinox evaluated properties with a cumulative value of EUR4 billion... more
-
RE/MAX Expands With Four New Franchised Offices In Capital Bucharest 04.04.2019
Real estate agency franchise RE/MAX continues its expansion by opening four new offices in franchise, in capital city Bucharest, reaching 11 units... more
-
C&W Echinox Takes Over Management of Ethos House Office Building in Bucharest 03.28.2019
Real estate firm Cushman & Wakefield Echinox was appointed to manage the Ethos office building in the Floreasca area in Bucharest, the firm said in... more
-
Developers To Build 200,000 Sqm of Offices, 3,000 Apartments in Bucharest Expozitiei Area 03.28.2019
The Expozitiei area in northern Bucharest is looming as a major landmark on the city's office map as developers plan to build 200,000 square meters... more
-
Futureal's Cordia Romania Division Plans EUR100M Investments in Bucharest 03.27.2019
Hungarian-held Futureal group, via its local division Cordia Romania, seeks to consolidate its Romanian presence by acquiring for land plots in... more
-
Canada’s Molson Coors Group, Bergenbier Owner, Leases 6,000 Sqm Within The Bridge Office Space Project 03.26.2019
Molson Coors Global Business Services (GBS), the services center of Canadian group Molson Coors which owns brewer Bergenbier in Romania, has leased... more
-
Builder Octagon Files for Insolvency 03.26.2019
Construction company Octagon Contracting&Engineering, one of the most active players on the local market, owned by Alexandros Ignatiadis and... more
-
JLL: Office Space Market Outside Bucharest Keeps Growing 03.21.2019
The increasing interest in multifunctional real estate projects in Romania, as well as the development of the office space market outside capital... more
-
CBRE: Land Transactions in Romania Reached 140 Ha in 2018 03.19.2019
Land transactions for office, retail, residential and industrial spaces amounted to approximately 140 hectares in 2018, according to a report by... more
-
Sinziana Pardhan, P3 Romania: Romania Becomes Increasingly Attractive To Investors 03.19.2019
Sinziana Pardhan, Country Head, P3 Romania, one of the leading developers of logistics and industrial space, said Tuesday she is optimistic about... more
-
3 Sqm of Mall Space for Each Person in Bucharest 03.18.2019
The ten largest shopping centers in Bucharest have a surface area of almost 600,000 square meters and about 1,500 stores, ZF has calculated from... more
-
C&W Echinox Expands Portfolio; Takes Over Administration Of One Victoriei Center Office Building 03.14.2019
Real estate consulting firm C&W Echinox has taken over the administration of Bucharest-based office building One Victoriei Center, being tasked... more
-
New Real Estate Development Hub Taking Shape in Southern Bucharest 03.14.2019
A future office, retail and residential space project no more than three stories tall could be developed in Bucharest on Calea Vacaresti, between... 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.
