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Almost EUR 42 bln in subscribed foreign capital

According to data from the Justice Ministry’s National Trade Registry Office, from January 1990 to 31 July 2015 the value of the registered capital subscribed in commercial companies registered in Romania stood at EUR 44.664 bln or USD 55.7 bln.

Radu Dimofte brought EUR 1.5 million capital to Wellkept Imobiliare, office and residential developer

Businessman Radu Dimofte increased with 66.6 million lei (EUR 1.5 million) the capital of the company Wellkept Imobiliare, the developer of an office building in Piața Universității, Bucharest.

Lidl opens 1,200 sqm store in Pipera

Lidl brings its network to 188 stores through the latest addition of a 1,200 sqm store in Pipera, the northern part of Bucharest, say company representatives.

One Herastrau Park luxury residential complex construction kicks off

One United Properties announced the start of construction works on One Herastrau Park, an exclusive residential project expected to finish in March 2017.

Portland Trust agreed with CTP the sale of Bucharest West

Real estate developer Portland Trust, found by British Robert Neale, reached an agreement with Dutch CTP for the sale of Bucharest West logistics park.

GLL buys Floreasca Park and Victoria Center for nearly EUR 120 million

German real estate assets management company GLL Real Estate Partners, the owner of the office building Charles de Gaulle Plaza in Bucharest, comes back on the Romanian market after almost 10 year, with two new acquisitions with a total value of nearly EUR 120 million, Floreasca Park and Victoria Center, have declared for Profit.ro sources in the real estate sector.

Austrian developer resumes work on office building in Bucharest

Austrian company S Immo has resumed the office project The Mark, located in Bucharest’s Grivita area, after the EUR 60 million investment has been frozen for several years due to the hardships in the local real estate market and other infrastructure work in the area.

Skanska completes second building of Green Court project in Romania

Swedish group Skanska has completed the second building of its Green Court office project, located in northern Bucharest, following an investment of EUR 33 million.

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