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Office Market News

Macon group business increased with 10% last year

Macon, a group active on the construction materials market and controlled by the investment fund Enterprise Investors, increased its turnover with almost 10%, up to approx. EUR 37 million, according to ZF calculation based on the available data.

Growth of the incentive packages for office tenants in the first months of 2013

In the last 9 months the contractual basic rents remained unchanged, at 18.5 EUR/ sq. m, but in the first months of 2013 a slight tendency towards financial incentives used by the Landlords to attract the owners was registered according to Jones Lang LaSalle (JLL) consultants.

Construction works for Liberty Technology Park Cluj started yesterday

Liberty Technology Park Cluj announced the beginning of its construction works for the first phase of the project on 8th of May 2013.

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.

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Alexandra Filip

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