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Romanian constructor takes EUR 52 mln syndicated loan

Local constructor Delta ACM 93, controlled by the Romanian investor Florea Diaconu, will take a EUR 52 million syndicated loan for two years.

Endava moves to AFI Business Park offices

Endava, IT services company employing over 2,350 at group level, has inaugurated its new office in Bucharest, in the AFI Business Park complex, company representatives announced.

Top office rentals in Romania

Bucharest dominates the market, and the IT and outsourcing companies rented most of the space.

CA Immo invests EUR 75 million in Bucharest office project

CA Immo, a developer specialized in office properties in Central European capitals, has started a new office development on the local market next to the Grozavesti metro station which will absorb a total investment of EUR 75 million, the company announced.

Foreign investors keep a cautious positive eye on Romania

According to data released by the Foreign Investors Council, foreign investors’ view on Romania’s attractiveness and growth perspectives remain mostly unchanged compared to March 2015, while the legal and administrative sectors remain our country’s weakest points.

BuildGreen: Buildings with a total area of 300,000 sq. m received green certificates in 2015 in Romania

Romanian consultancy company BuildGreen facilitated this year the obtain of green certificates for real estate project with a total area of 300,000 sq. m, to which add buildings of 100,000 sq. m in process of certification.

Property lending leaps forward across Europe

Bank financing of property investment and development projects has taken a “big step forward” in Europe, according to a recently released survey by KPMG, Property Lending Barometer 2015. 90 financial institutions in 21 countries, including Romania, were interviewed to assess banks’ sentiment towards property financing and key financing parameters.

Romania, third in the region for value of real estate deals

Romania ranks third in Central and Eastern Europe for the value of real estate transactions in the first nine months of 2015, with transactions totalling EUR 600 million.

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