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Romania more attractive for expats than Spain, Italy, France and the UK

Romania ranks 27th out of 64 countries worldwide, based on its attractiveness for expats, according to the Expat Insider 2015 survey made by expat social network InterNations.

Romania ranks 4th in top 500 companies in CEE, says Coface

Romania was present with 59 companies among the biggest 500 companies in Central and Eastern Europe (CEE) in 2014, according to the seventh edition of the Coface CEE Top 500 study.

NEPI buys Auchan Titan shopping center in Bucharest for EUR 86 mln

Real estate investment fund New Europe Property Investments (NEPI) has bought the Auchan Titan commercial center in Bucharest from Aberdeen Asset Management AG for EUR 86 million, the company announced this Wednesday.

The developer of Mega Mall, threaten by insolvency

Approx. three months after the opening of the newest mall in Bucharest, the development company which also owns the land under Mega Mall is sued by a construction company.

Apolodor declared to be insolvent

Apolodor Com Impex was declared insolvent. The construction company filed for insolvency on July 23. The Bucharest Court approved the request on Aug. 6.

Three new transactions in Calea Floreasca/ Barbu Vacarescu area

The retailer Domo Srl, specialized in electronics, household appliances and IT&C, took over a space of approx. 1,400 sq. m in the office building Art Business Center 5, on 71-73 N. Caramfil Blvd., situated in the area Calea Floreasca/Barbu Vacarescu. Following this transaction, the occupancy rate of the building reached over 95 pct.

Engineering software provider expands its Technology Innovation Centre in Romania

American engineering software provider Ness Software Engineering Services (SES) is expanding the workforce in its Iasi Technology Innovation Centre, in northeastern Romania.

Bucharest offices flocked in north and centre of the city. South and east, the less attractive areas for developers

The north and centre Bucharest gather approx. 2 million sq. m of offices, namely over 85 pct. of the total stock in Bucharest, according to ZF calculations based on the data from the real estate consultant CBRE.

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