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Office Market News

Officerentinfo.ro launches its first application for mobile Apple devices

Officerentinfo.ro, the only independent office building search portal on the Romanian real estate market proudly presents the launches of its first application for mobile Apple devices.

Conergy builds second solar power plant with 2 MW total capacity near Slobozia

Conergy is currently building another 2 megawatt solar power plant in the Romanian region of Slobozia. It was only in January this year that the PV solution and service provider had announced its entry into the market in the Eastern European country with a 2.2 megawatt solar park in Romania’s Olt district.

Promenada Mall developed by Raiffeisen Evolution to open in October

Promenada Mall, the EUR 135 million investment of the Austrian Raiffeisen Evolution will open in five months.

Immofinanz: Our return is bigger in Eastern Europe than in the Western Europe

The Austrian group Immofinanz, the biggest foreign investor in Romanian real estate market, has listed recently on Warsaw Stock market, ignoring Bucharest, a step that however proves the importance that the region of Central and Eastern Europe has in the company’s portfolio, but also in other western real estate investors.

Romania’s Central Bank reserves up EUR 203 million in April

The foreign currency reserves of Romania’s Central Bank went up EUR 203 million in April, bringing the total up to EUR 32,411 million. In March of this year the reserves stood at EUR 32,208 million.

Construction permits number decrease in March

The construction permits for residential buildings has slightly decreased in March 2013 comparing to the same period of last year, to 3,049, but it is constant at the quarter level, with 6,873 permits, the National Institute for Statistics has announced recently.

A company associated with Puiu Popoviciu’name re-valuated its assets at EUR 9 million

Wellkept Imobiliare, a company controlled by a Cyprus registered firm and associated with the name of the businessman Gabriel (Puiu) Popoviciu, has recently valuated a series of assets, mostly apartments in central Bucharest at more than 40 million lei ( EUR 9 million).

RomReal to sell a part of its land portfolio

RomReal, the Norwegian-British real estate developer wants to sell a part of the 130 ha of land owned in several areas of Romania, in order to insure their cash flow.

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Adina Camara

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