02.26.2013

The ten largest investors on the local real estate market made EUR350 million revenue from malls and office space last year, while some of the groups even saw an increase by 20% to 30% in revenue, more

02.14.2013

Low-profile Greek businessman Ioannis Papalekas, who bought bankrupt City Mall and insolvent Tower Center office building in Piata Victoriei in downtown Bucharest, completed another major acquisition more

02.12.2013

The real estate arm of Piraeus Bank, Piraeus Real Estate, will invest several million euros to complete six apartment buildings part of the Seasons Residence complex in Brasov (central Romania). more

02.11.2013

The overall office space to be delivered in Bucharest this year will increase considerably compared with 2012, while the number of new retail projects will continue to decrease, real estate consulting more

02.11.2013

Investor sentiment regarding Romania’s macroeconomic fundamentals improved towards the end of 2012, leading to a more active investment market with a few large transactions in advanced stages of due more

02.05.2013

The amount cashed by the Romanian state from taxing revenue obtained from property transfers reached 499 million lei (EUR112 million) in 2012, close to the level in 2011, despite a 17% increase in the more

02.04.2013

Tower Center, Charles de Gaulle Plaza and Sky Tower – three of the best-known office buildings in Bucharest, started 2013 with more than 60,000 square meters of space available for rent over about more

01.17.2013

Three of the largest real estate consulting companies in Romania registered lower-than-expected turnover last year as political instability and a business climate that did not encourage investments more

01.14.2013

Romania ranks third among the most attractive five markets for realty investors in Central Europe CE in 2012, by real estate investment value, according to a survey of real estate consultancy company more

01.09.2013

The value of real estate transactions in Romania stood at about EUR340 million last year, slightly up from EUR320 million in 2011, according to Mediafax calculations. more

01.03.2013

Romania's economy will rise 2%. Hidroelectrica will get out of insolvency. Another 150 km of highway will be finalized. Bancpost could merge with Banca Romaneasca. These are just a few of the main more

01.03.2013

The year 2012 did not bring the rebound awaited over the past four years on the Romanian real estate market, but it did set a few records that will be hard to break in upcoming years, considering more

12.31.2012

The lack of financing will remain the main challenge on the real estate market in 2013 and the bulk of realty projects worth over EUR300 million will be developed exclusively from investors’ own more

12.12.2012

Interest in developing real estate projects in Romania has gained vigor this year as the difference between prices asked by land owners and bid prices has diminished significantly, according to a more

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