Economics
September 18, 2013 16:35
With a planned rentable area of over
70,000 sqm, the Mega Mall project in Bucharest is set to start construction
this year under a new shareholder structure. South-African real estate
investment fund NEPI has acquired 70 percent of the shares in the project from
a German firm specialized in developing
retail projects. The anchors of the
project are for the moment Carrefour , C&A and H&M....more »
September 18, 2013 10:21
The first seven months of 2013 saw a decrease of
over 30 percent in the foreign direct investment (FDI) figures
hitting an almost all times low. In 2012, the volume of FDI in Romania
amounted EUR 1.6 billion, the minimum of the past ten years....more »
September 17, 2013 16:34
The combined value of the wind projects in Romania
exceeds 3.5 billion Euro and have a total installed capacity of 2,100 MW. The leading investor in
wind energy is Czech group CEZ with a
total of 600 MW in two of the biggest onshore wind farms in Europe, Fantanele
and Cogealac....more »
September 16, 2013 16:32
The
renewable energy division of Energias de Portugal, EDP Renovaveis
continues the development of wind and solar parks and currently has
projects of over EUR200 million in Romania. During the first half of
2013 EDPR added 28 MW of operational projects in Romania and
another 144 MW under construction. Out of a total of EUR104 million
invested in the first half of this year, EUR84 million were allocated
for the European markets, particularly Poland and Romania, and the
rest to the North American market. The Portuguese company will invest
over EUR216 million to develop its 144 MW projects in Romania....more »
September 11, 2013 16:36
Real
estate consulting firm CBRE Romania announced it's entrance on the property
management market with the first project, Sun Plaza Shopping Center owned by Austrian company S Immo. department.The group manages 55 shopping
centers in CEE and CBRE’s property management division manages about 1.7
million square meters in over 200 properties in six countries in Central and
Eastern Europe. Sun Plaza is the second largest project developed by S Immo. It
was opened in 2010 and hosts over 130 stores....more »
September 11, 2013 16:36
According
to the report published by CBRE Romania about local investment market in H1
2013, prime properties across the country continue to be attractive for
international investors as well as the local ones. "The most important inv...more »
September 11, 2013 16:35
Jones Lang LaSalle concluded a new
leasing transaction, one of the largest deals signed in Romania in 2013 on the
office market, a 11,124 m2 lease renewal and expansion of the American company Honeywell in
Upground Offices. Upground Estate...more »
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