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Office Market News

Ministry of European Funds to launch acquisition procedure for the rental of new headquarters

Ministry of European Funds (MEF) launched on Wednesday the procedure of public acquisition for office rent services.

Napochim Imobiliare Cluj-Napoca to demolish nine buildings and to take 8 million loan

Shareholders of the real estate developer Napochim in Cluj-Napoca (NACH) decided to demolish nine buildings on Someşului St. in din Cluj-Napoca. The company also decided to take a loan of 8 million lei from Ax Perpetuum Impex, main shareholder of the company.

NEPI’s Shopping City Piatra Neamt set to open by the end of 2016

Developer New Europe Property Investments (NEPI) announced the start of construction works for its latest 33,000 sqm project, Shopping City Piatra Neamt.

Intel shuts down its R&D center in Bucharest

US technology company Intel will close its research & development center in Bucharest, which has been operational since 2010, according to sources quoted by Ziarul Financiar.

Romania’s GDP growth could reach 4.7% in 2019

Romania’s GDP growth will accelerate from 4.2% this year to 4.7% in 2019, according to the spring estimates released by the National Prognosis Commission. The GDP would thus reach about EUR 200 billion in 2019.

Electromontaj Sibiu puts on sale eight properties in Romania, due to losses

Electromontaj Carpaţi Sibiu (ELJA), a company in the field of energy constructions, sapproved the sale of eight properties in Romania, the decision being taken considering the company’s economic-financial situation.

The Profi supermarket network in Romania is up for sale

Polish investment fund Enterprise Investors, which owns the Profi supermarkets, ponders selling the business, after a fast expansion in recent years.

FF Group Romania opened retail and office centre with EUR 10 million investment

FF Group Romania, subsidiary of international group FF Group Greece, has recently completed the newest retail and business concept downtown Bucharest, on Câmpineanu St., close to Universităţii Square, following nearly EUR 10 million investments.

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Adina Camara

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