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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2019 Brings Ten New Luxury Residential Projects in Bucharest 05.10.2019
Demand for premium and luxury apartments is making more and more developers invest in such projects where an apartment costs at least EUR2,000 to... more
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Study: Over 6,500 Housing Units Under Construction In Northern Bucharest 05.08.2019
More than 6,500 housing units are under construction in northern Bucharest and are due to be delivered on the market in 2019 and 2020, as per a... more
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CTP Invests EUR23M In Nine-Hectare Industrial Park In Sibiu 05.07.2019
CTP, the largest developer and administrator of premium industrial and logistics parks in Romania and Central and Eastern Europe (CEE), is about to... more
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Romania’s Real Estate Consulting Market Estimated At Nearly EUR80M 05.07.2019
Romania’s real estate consulting market reached nearly EUR80 million and, given the increase of the industry in Europe and the constant growth... more
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CBRE: Over Half Of IT&C Firms Prefer Independent Buildings, Not Included In Business Parks 05.07.2019
Bucharest’s district 1 hosts the bulk (46%) of IT&C companies, most of which prefer to occupy space within independent headquarters, especially... more
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Banca Transilvania, Victoriabank Grant First Cross-Border Syndicated Loan 05.07.2019
Romanian lender Banca Transilvania and Victoriabank granted their first Romania-Moldova cross-border syndicated loan, of EUR21 million, to shopping... more
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Real Estate Developers Bet on Mini-Cities 05.07.2019
Homes, offices, shopping center, clinic, hotel, kindergartens and schools all of them in one real estate project - this is the make-up of more and... more
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Dedeman Buys The Office In Cluj In Largest Deal Ever Sealed So Far Outside Bucharest 04.30.2019
Brothers Adrian and Dragos Paval, the founders of do-it-yourself retailer Dedeman, the largest Romanian entrepreneurial business, have signed the... more
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Imobiliarium: Luxury Homes In Bucharest See 2% To 5% Price Declines 04.25.2019
The luxury home segment saw price decreases of 2% to 5% in some of Bucharest’s districts and more attractive offers are seen in northern... more
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Colliers: Companies Lease 105,000 Sqm of Office Space in Bucharest in 1Q/2019 04.24.2019
Activity on the Bucharest office market started with moderate results in the first quarter of 2019, with total demand of 105,000 sqm, of which net... more
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Developers Working on 55,000 Apartments in Bucharest 04.23.2019
A number of 318 residential projects offering more than 55,000 homes are currently under construction in Bucharest, real estate consultant... more
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ING Romania To Move Its Bucharest HQ To Blue Rose Office Park As Of Sept 1 04.22.2019
ING Bank will consolidate its operations and move its central headquarters in capital Bucharest to Blue Rose Office Park, the latest project of... more
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Analysis: Romania Housing Prices At 2010 Level 04.22.2019
In the first quarter of 2019, prices of residential properties inched up 0.8% compared with the last quarter of 2018, according to a market report... more
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Kaufland Bought 40 Plots of Land for Expansion over Next Four Years 04.22.2019
Kaufland, the leader of the local retail by sales, has 40 plots of land it bought in order to open ten stores a year in 2019-2022, market sources... more
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Turkey’s Caba Group To Invest EUR100M In Second Phase Of 102 The Address Project 04.19.2019
Turkish real estate developer Caba Group said it will invest over EUR100 million in developing the second phase of the 102 The Address project, a... more
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Carturesti To Open Bookstore On Groundfloor Of America House Office Building In Bucharest 04.18.2019
Bookstore chain Carturesti of entrepreneurs Nicoleta Dumitru and Serban Radu, will be opening a bookstore on the ground floor of America House... more
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Dedeman’s Paval Brothers Look Into Buying Timisoara-Based ISHO Offices 04.16.2019
Brothers Adrian and Dragos Paval, the founders of do-it-yourself retailer Dedeman, the largest Romanian entrepreneurial business, are looking into... more
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Coworking Space Concept 3house To Open Its 2nd Center In Bucharest, In EUR1.8M Investment 04.16.2019
3house, a new coworking space concept recently launched by entrepreneurs Vlad Craioveanu and Ilinca Paun, will be opening its second center in... more
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CBRE Romania 2018 Turnover Up 3% YoY To EUR13M 04.15.2019
CBRE Romania, the largest real estate consulting company in Romania, reported a turnover of EUR13 million in 2018, up 3% year-on-year, and plans to... more
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CBRE Takes Over Administration Of NEPI Rockcastle’s Three Office Buildings In Bucharest 04.15.2019
Real estate consulting firm CBRE has taken over the administration of the three office buildings of South-African real estate developer NEPI... 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.
