12.05.2012

Real estate developer Wellkept Imobiliare has started the construction of a five-story office tower in central Bucharest. more

12.05.2012

Patrick Espasa, general manager of Auchan Romania, who will coordinate a group of around 10,000 employees after French Auchan’s purchase of 20 German Real hypermarkets in Romania, says he intends to more

12.03.2012

French retailer Auchan, which recently bought Real hypermarkets in Central and Eastern Europe from Metro Group, including the ones in Romania, will take over 20 of the 24 Romanian Real stores, German more

11.30.2012

Auchan announced Friday it bought Real hypermarkets in Central and Eastern Europe from Metro Group, including the ones in Romania, in a EUR1.1 billion. more

11.28.2012

The takeover of German retailer Real’s hypermarket network in Romania by French retailer Auchan might need the approval of the European Commission, considering that the deal targets Real stores in more

11.26.2012

French retailer Auchan might take over the Romanian hypermarket network of German retailer Real and a deal to this end might be signed Thursday, people familiar with the matter told Ziarul Financiar. more

11.21.2012

The Romanian real estate market has become more stable, meaning that both rentals and acquisitions are made at realistic prices, and the number of transactions might increase in the next six months more

11.16.2012

Francisc Peli, founding partner of law firm PeliFilip and one of the most respected lawyers on the real estate segment, says management activities currently occupy 80% of his time. more

11.13.2012

Property firm Atrium European Real Estate on Tuesday said its net rental income from the Militari Shopping Center in Bucharest increased 4.7% in the first nine months of the year to EUR5.5 million. more

11.12.2012

New supply of modern retail space in Romania will total 187,000 square meters in 2012, down 40% on the year, while next year’s delivery is currently estimated at about 150.000 square meters, real more

11.12.2012

Developers completed in Bucharest office projects totaling 44,000 square meters in the first nine months of 2012, down 14.4% on the year, while rentals fell 21% to 140,000 square meters, according to more

11.09.2012

The development of Bucharest’s new real estate hub has started for several years on an about 500-meter radius around Aurel Vlaicu underground station, which could attract investments estimated by ZF more

10.29.2012

The Romanian unit of Jones Lang LaSalle (JLL), one of the leading real estate consultancy firms, has seen its management shaken up in the past three months, after three executives left the company. more

10.22.2012

real,- Hypermarket chain, part of the Metro group, will see two managers leave by the end of the month. more

10.19.2012

Real estate developers will launch three new Bucharest residential projects worth a total of EUR40 million at the National Realty Fair (tIMOn) to take place between October 25 and October 28 in the more

10.10.2012

Half of the largest transactions signed this year on the office segment were concluded by IT&C companies, after in the past few years banks and companies in the medical services industry had concluded more

10.05.2012

Michele Nusco, CEO and one of the shareholders of Italian group Nusco, said the company will start the construction of a new office building in capital Bucharest at the end of the year. more

09.26.2012

Real estate developer Adama, acquired in full by Austria’s Immofinanz last year, has begun work on two buildings with 160 apartments part of the Optima and Edenia compounds in the Titan district in more

09.24.2012

German transport and logistics operator, DB Schenker, leased a second unit of 5,200 square meters in Phoenix Logistics Center nearby capital city Bucharest, currently occupying half of the more

09.13.2012

Shortening the duration of rental contracts from five to three years rendered Bucharest office spaces less attractive to investors, according to real estate consultancy firm Colliers. more

09.12.2012

Over 40,000 new and old homes in Bucharest and in the city’s suburbs will be put up for sale at a real estate fair organized between September 14 and 16 in the capital. more

09.03.2012

The average asking price for old three-room apartments in Bucharest reached EUR76,350, more than EUR1,700 less than at the end of last year, according to the real estate index calculated by ZF and more

08.31.2012

The Romanian retail market is going through one of its most difficult times ever considering the talk about the exit of at least one of the largest companies with revenues of several hundred million more

08.27.2012

The highest-paid executive in Romania last year was, surprisingly, a manager in the real estate sector, who is likely to have concluded several major transactions and earned EUR1.27 million, more

08.27.2012

It looks like 2012 will be another bad year for investments in shopping malls, office buildings and residential compounds, considering that only four major projects requiring investments of nearly more