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.
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Swiss Veeam Software Rents Offices in Business Garden Bucharest 10.01.2019
Swiss-based Veeam Software has rented 2,300 square meters in the Business Garden Bucharest office compound owned by Vastint Romania and plans to... more
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Four-Star Capital Plaza Hotel In Bucharest Eyes 10% Higher Turnover In 2019, Of EUR3.1M 10.01.2019
Four-star Capital Plaza Hotel, opened in 2009 in the vicinity of Victoriei Square and held by Romanian entrepreneurs, ended 2018 with a turnover of... more
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Colliers Assists Fribourg Development is Sale of Liberty Technology Park Offices 09.27.2019
Real estate consultancy firm Colliers International assisted Fribourg Development, the real estate arm of investment fund Fribourg Capital owned by... more
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Food Retailers Have 100 Ha of Logistical Space, Plan Additional 30 Ha 09.27.2019
Food retailers in Romania have a total 100 hectares of logistical space that they own or rent and plan to increase storage by another 30 hectares... more
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Mixed-Use Real Estate Projects Are Gaining Ground in Romania 09.26.2019
Mixed-use projects that include office, retail, residential space or maybe even a mall, along with medical clinics, gyms or public services have... more
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Cristian Hiver, Estoria City: Eastern Bucharest- The Least Polluted And Least Densely Populated Area 09.25.2019
Eastern Bucharest is the most sparsely populated and the least polluted area, with a huge growth potential, Cristian Hiver, Development Director,... more
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Mauricio Gomez, Cordia Romania: There Still Is Pretty High Demand For Apartments In Bucharest 09.25.2019
When it comes to projects and buyers, one must differentiate between buyers, as they see beyond finishes and are looking at public transport,... more
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Rental Market Will Develop, as Millennials Not Interested in Buying Homes 09.25.2019
Romania doesn't have a housing rental market but that is set to change in the next few years as apartment prices will continue to grow and... more
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Residential Development in Northern Bucharest Could Lead to Supply-Demand Imbalances 09.25.2019
The northern area of Bucharest has several large residential projects under development and the market could experience an imbalance between supply... more
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Ionescu, IMPACT Developer & Contractor SA: Romania Residential Market Is Maturing 09.25.2019
The Romanian residential market is maturing, as one no longer buys out of impulse or for fear of losing an opportunity, as it happened before the... more
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Microchip Technology Expands Office Space Leased In AFI Park 1 Up To 6,700 Sqm 09.24.2019
Microchip Technology, a leading provider of microcontroller, analog, FPGA, connectivity and power management semiconductors, announced the renewal... more
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AEW Europe Exists Romania, Sells America House Offices to Morgan Stanley 09.24.2019
After more than two years of negotiation, French asset management firm AEW Europe is officially exiting Romania after selling its America House... more
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Element Industrial Plans to Develop 300,000 sqm of Logistics Parks in Next Three Years 09.24.2019
Real estate developer Element Industrial has completed the first stage of its ELI PARK 1 logistics park in the Chitila area, near Bucharest, the... more
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Negoita Family Starts Construction of First Three Apartment Buildings Near Ikea Pallady 09.24.2019
Negoita family started construction of the first three apartment buildings of the future Hils Pallady Apartments complex on Theodor Pallady... more
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Forte Partners Targets Nearly EUR100M Investments In Downtown Bucharest 09.23.2019
Forte Partners on Monday said it is developing two projects worth EUR40 million and EUR65 million, respectively, which target two office buildings... more
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Winners Park Invest Builds Five-Star Radisson Blu in Cluj 09.23.2019
International hotel chain Radisson is expanding in Romania with a new Radisson Blu hotel in Cluj-Napoca, developed by Winners Park Invest, which is... more
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BNP Paribas Real Estate Targets Industrial Sector, Enhances Logistics Team 09.19.2019
BNP Paribas Real Estate Romania, the local real estate consultancy arm of French financial group BNP Paribas, is expanding its Industrial &... more
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Metropolitan Residence Invests EUR25M In Two Real Estate Projects In Bucharest 09.19.2019
Metropolitan Residence, held by Robertino Georgescu and Dan Dragulin, targets investments of EUR25 million in two new real estate projects, in... more
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Nine Malls Due to Open or Expand Over Next 12 Months 09.19.2019
Nine shopping centers of malls of more than 10,000 square meters are to open in Romania over the coming year, including two significant expansions.... more
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Project1 Targets EUR10M Turnover in 2019 09.18.2019
Project1, a company that fits out office spaces, founded this year by Stefan Olaru, Tudor Chindea and Valentin Nour, has contracts of EUR8.1... more
Private healthcare network Regina Maria has been put up for sale by its owner, Polish buyout investor Mid Europa Partners. The deal
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Romania's government will lower the tax on banks' financial assets and decouple it from money market rates, according to a draft
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Romania's government will postpone until May 31 the enforcing of new share capital requirements for administrators of mandatory private
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Nuclear power company Nuclearelectrica (SNN.RO) on Tuesday concluded a framework agreement with General Electric Global Services GMBH /
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Low-cost airline Blue Air has signed a new bilateral interline agreement with state-run airline TAROM.
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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,
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Financial analysts’ confidence in Romania’s economy perked up in February compared with January but is still below the level
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Molson Coors Global Business Services (GBS), the services center of Canadian group Molson Coors which owns brewer Bergenbier in
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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.
