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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Belgium’s WDP Gets EUR150M From EIB For Development Projects In Romania 12.19.2018
The European Investment Bank (EIB) is lending EUR150 million to Belgian logistics and industrial space developer Warehouses De Pauw (WDP) to... more
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Skanska Starts Construction Of 2nd Phase Of Campus 6 Project, An EUR76.1M Investment 12.19.2018
Swedish real estate developer Skanska is starting the construction of the second phase of the Campus 6 project located in Bucharest’s Orhideea... more
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CBRE To Provide Management Services For Revera Medical City Project Entailing EUR60M Investment 12.18.2018
Real estate consulting firm CBRE, one of the main players on the Romanian real estate consulting market, will ensure the management of the Revera... more
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Two Realty Investors Complete 2nd Project Under La Strada Street Mall Concept Brand In EUR5M Investment 12.18.2018
La Strada Street Mall Concept, developer of strip mall-type retail projects launched by businessmen Moshe Turgeman and Tomer Barhom, has completed... more
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International Lazar Seeks to Reach 250,000 Square Meters of Logistics Space in 10 Years 12.17.2018
Pitesti-based International Lazar carrier, held by businessman Ion Lazar, plans to grow its logistics and manufacturing space portfolio to about... more
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JLL: Six New Retail Projects Inaugurated In Romania In 2018 12.14.2018
Six new retail projects– both extensions and projects from scratch – were inaugurated in 2018 in Romania, but real estate developers have many... more
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Local Businessman Invests EUR7M in Franchise Hotel in Suceava 12.13.2018
Stefan Mandachi, the local entrepreneur who developed the Spartan restaurant network locally, has recently inaugurated a franchise hotel with a spa... more
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Enayati Group, Monza to Build Revera Medical City in Bucharest for EUR60M 12.12.2018
Enayati Group, owned by dr Wargha Enayati, who founded private healthcare network Regina Maria 20 years ago, has reached an agreement to build... more
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Developer Nova Imobiliare Starts Works on Colosseum Mall in Bucharest 12.12.2018
Real estate developer Nova Imobiliare, which developed Colosseum Retail Park in north-western Bucharest, has started construction works on shopping... more
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Portugal’s Sonae Sierra Becomes Sole Owner Of ParkLake Shopping Mall 12.11.2018
Portuguese real estate developer Sonae Sierra has bought 50% of the participation held by Irish company Caelum Development in Bucharest-based... more
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SMEs Leased 46% Of Romanian Office Building Space In First Nine Months Of 2018 12.11.2018
Small and medium-sized enterprises (IMM) are some of the most dynamic consumers of office building space on the Romanian market. Thus, firms with... more
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PwC: Romania Real Estate Prices Nearly 40% Below Prices Of 2008 Boom Period 12.10.2018
Prices on the Romanian real estate market remained 30-40% below the prices registered during the period of the real estate boom in 2008, despite a... more
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OTP Chairman Sándor Csányi Plans To Develop Real Estate Projects In Oradea 12.07.2018
Sándor Csányi, one of the richest men in Hungary and also the chairman of OTP Bank has real estate operations in Romania, having got two plots of... more
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Sportisimo To Open Store Within Shopping Center Botosani, Reaching 16 Units In Romania 12.06.2018
Czech sporting goods retailer Sportisimo, which has been operating on the local market for three years, will be opening a store within Shopping... more
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Supermarkets and Apartments Replace Car Showrooms in Prime Locations in Bucharest 12.06.2018
Car showrooms used to be located in areas rather far from the city center or in the outskirts 15 to 20 years ago, but the expansion of Bucharest... more
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NEPI Rockcastle Opens EUR40M Shopping Center In Satu Mare 12.05.2018
NEPI Rockcastle, the largest player on the local real estate market and the largest shopping mall owner in Romania, on Wednesday inaugurated the... more
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Romania Registers 46,513 Real Estate Deals in November 12.05.2018
The number of real estate deals in Romania stood at 46,513 in November, 6,325 fewer compared with October, according to the national cadastre... more
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P3 Buys Land Near Bucharest To Build 2nd Logistics Park In Romania 12.04.2018
Czech logistics space developer P3 Logistic Parks has bought a 16-hectare plot of land in Dragomiresti Vale, in Bucharest's north-western area,... more
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C&W Echinox: Property Deals on Romanian Market Topped EUR4B in Past 5 Years 12.04.2018
Romania's local property market transactions amounted to EUR4 billion over the past five years and the most active buyers were South-African... more
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Bucur SA To Complete 1st Phase Of Bucur Retail Park Project This Week 12.03.2018
Romanian company Bucur SA will complete this week the first phase of the Bucur Retail Park project developed in Bucharest’s Drumul... 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.
