Real estate
September 24, 2014 15:43
Telekom Romania Communications, formerly Romtelecom, has put up for sale a lot of three real estate assets, among which the Telephone Palace, which will be sold through an auction for a starting price of 21.6 mln euro. ...more »
September 23, 2014 13:36
The South African investment fund is negotiating the acquisition of Promenada mall from Raiffeisen Evolution, the transaction involving the retail project which required investment of 130 million euro being in due diligence phase, reads Mediafax, quoting Martin Slabbert, NEPI’s CEO....more »
September 22, 2014 11:20
The industrial real estate market expanded the modern stock to 1.8 million sqm at the end of the first half of this year, more than half of these spaces being located in Bucharest, reads Agerpres which presents a DTZ study....more »
September 18, 2014 14:16
The French group has acquired a 12,000 sqm space in the ParkLake shopping center where will open a new hypermarket, becoming co-owner of the retail project developed by Sonae Sierra and Caelum Development, states a press release. The amount...more »
September 11, 2014 16:49
Construction works of the Veranda shopping center have started on the former platform of Prodplast factory located in Obor area. Requiring investment of 60 million euro, the project developed by Prodplast Imobiliare will have a gross leasable ar...more »
September 11, 2014 12:32
Flanco rented a 5,000 sqm unit in the H.Essers logistics center in Bucharest where will deposit over 1.6 million cubic meters of products annually. The new space will allow the IT&C, electronics and appliances retailer to supply its stores in maximum 24 hours, the company said according to Mediafax....more »
September 09, 2014 14:17
AFI Europe has concluded a financing agreement of 32 million euro with BCR for AFI Park 2 and 3 office buildings. Part of the loan, 17 million euro, is destined to investment in AFI Park 2, while the remaining amount of 15 million euro will be used for the development of AFI Park 3, reads a press release of the company....more »
September 08, 2014 16:18
Secure Property Development & Investment announces the acquisition of 122 flats in four residential compounds in Bucharest, the transaction coming to about 3.3 million euro, according to a press release of the property investment company. The acquisition follows another deal disclosed recently with respect to the acquisition of the EOS Business Park in Bucharest for 5.85 million euro....more »
September 04, 2014 12:33
The newest shopping mall in Bucharest, Vulcan Value Center, was open to the public on September 4 after the inauguration ceremony was held a day before.  The 25,000 sqm project was developed by the South African fund NEPI, one of the most dynamic real estate investor in Romania....more »
August 29, 2014 15:43
The property investment company today announced that it has entered into a binding agreement for the acquisition of the EOS Business Park in Bucharest in a transaction coming to 5.85 billion euro. The office building consists of nearly 3,400 leasable sqm and generates operating income of about 600,000 euro per year....more »
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