01.19.2015

IT services company Luxoft has expanded its office space with an additional floor in the Novo Park office building in northern Bucharest, the building's developer said in a press release Monday. more

01.07.2015

About 480 wind turbines should have been deployed last year, yet by the end of November only 175 of them had been installed, which means the authorities’ estimates about the clean energy market were more

12.05.2014

Globalworth Real Estate Investments, controlled by Greek businessman Ioannis Papalekas, concluded a contract with Elster Rometrics, part of German group Elster, for the lease of a 7,000-square meter more

12.04.2014

Austria’s Immofinanz, the largest office space owner in Romania with more than 200,000 square meters, has chosen a builder and will begin expansion of the IRIDE business park in Pipera, northern more

12.03.2014

Sorin Scintei, the manager who has run for almost six years City Park mall of Constanta, will take over the position of general manager of shopping center Mega Mall South-African group NEPI is more

12.02.2014

David Hay, the manager put in charge of the Romanian operations of Israeli group AFI Europe almost four years ago, is getting ready for the delivery of the third AFI Park office building and is more

10.20.2014

Cotroceni Park SA, the operator of the AFI Palace Cotroceni mall, one of the key shopping destinations in Bucharest, posted EUR29.1 million net profit last year, five times higher than in 2012 and a more

10.17.2014

Insolvent office compound Swan Office & Technlology Park located in Pipera-Tunari will be auctioned off again at starting price lower by EUR9 million, to EUR22 million, less than half the project's more

10.13.2014

Austria's CA Immo has concluded negotiations to sell its logistics portfolio totaling 467,000 square meters in Romania and Poalnd to Czech PointPark Properties, the company, which owns Europolis more

09.29.2014

Czech-based PointPark Properties, controlled by TPG (former Texas Pacific Group) and Ivanhoe Cambridge, is in advanced talks to buy Europolis Logistic Park near Bucharest, market sources told ZF. more

09.05.2014

Euro Insol, the judicial liquidator of bankrupt developer MLP Bucharest Sud, has sold the logistical park MLP Bucharest Sud, in Popesti-Leordeni, near Bucharest, to AGI-RRE Hera, for RON62.5 million more

09.04.2014

Lithuanian real estate developer Hanner Group has completed the first out of four apartment buildings in the residential complex The Park in Bucharest, which will be finished in 2017 and will cost more

09.02.2014

Retailer Profi, which currently owns 244 stores in Romania and targets 400 in the next years, has leased 2,500 square meters of storage space in the VGP logistical park in Timisoara, DTZ Echinox, more

07.27.2014

Creditors will adopt a new strategy for the sale of insolvent office compound Swan Office & Technlology Park located in Pipera-Tunari, after the liquidator, Transilvania Insolvency House, failed to more

07.24.2014

The Cristescu brothers are investing EUR6 million in building an adventure park in the Arsenal Park tourist complex in Orastie, Hunedoara county, said complex owner Marius Cristescu. more

07.21.2014

U.S. coffee shop chain Starbucks will be opening its tenth unit in Romania and the eighth in capital Bucharest in September, in Bucharest’s office compound Novo. more

06.04.2014

The European Bank for Reconstruction and Development (EBRD) is granting a EUR57 million loan for the Topolog-Dorobantu wind park, in Tulcea county, developed by LUKERG Renew. more

05.07.2014

Real estate developer AFI Europe, controlled by Israeli billionaire Lev Leviev, started works for buildings four and five of AFI Park office project, built around AFI Palace Cotroceni shopping center more

03.20.2014

The country’s energy watchdog ANRE authorized provider of energy equipment Electricom to carry out a 10 MW solar park in Tulcea county, eastern Romania. more

03.18.2014

Romanian power supplier and energy trader Tinmar, owned by businessman Augustin Oancea, borrowed EUR7 million from commercial lender Banca Comerciala Carpatica for the development of an 8.5-MW solar more

03.10.2014

Investment company Secure Property Development & Investment acquired the Innovations logistics park in Bucharest, Romania, owned by Greek company Pheonix Real Estate, which currently produces EUR1.3 more

03.05.2014

Swan Office Park office complex in Pipera, northern Bucharest, which went bankrupt on more than 370 million lei (EUR82 million) debt in mid October 2013, has found two new tenants in the last few more

03.03.2014

Chinese photovoltaic cell and module manufacturer Sunowe has invested EUR40 million in a 25 MW photovoltaic park on a 50-hectare plot in Sibiu County, central Romania. more

02.14.2014

Lukoil Energy&Gas Romania, a unit of Russia’s second-largest oil group Lukoil, plans to build a 9 MW photovoltaic park near its Petrotel refinery in the southern city of Ploiesti, people familiar more

01.31.2014

The Romanian market would be unsupportive for solar park projects in 2014, compared with the “boom” in 2013, following legislative changes and the inaccessible financing, Andreas Laspadakis, more