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Construction works grow steady by 12 pct in January

The volume of construction works increased in January, both as gross and adjusted series, against the same month of 2014, by 12.2 percent and 12.9 percent respectively, supported by major repairs and new construction works, according to the National Statistics Institute (INS) data quoted by Mediafax.

Renewed lease agreements in Baneasa Business & Technology Park

The building developed by the real estate company Baneasa Building & Technology Park renewed leasing agreements with two of its tenants, in transactions signed by The Advisers/Knight Frank consultants.

DTZ: Romania to reach 3 million sqm of modern retail space this year

Modern retail space supply in Romania this year will exceed 3 million sqm compared to 2.86 million sqm in 2013, according to DTZ Echinox data.

JLL appoints new head of capital markets in Romania

JLL announced on Tuesday that Silviana Badea (photo) is the new head of its capital markets department in Romania. She will coordinate JLL’s eight current exclusive sales mandates.

Romanian investor builds 330 apartments near Bucharest lake

Romanian developer Imob Construct Center is currently building a new residential compound in Bucharest, near Lacul Morii, the largest lake in Bucharest.

Israeli group resumes EUR 13 mln residential compound in Bucharest

Israeli real estate group Gindi decided to resume the construction of the residential compound GviTown in Bucharest, six years after the company launched the project.

Real estate fund NEPI’s head to establish new company for logistics and industrial investments

Martin Slabbert, founder and CEO of South-Africa’s investment NEPI, plans the establishment of a new real estate investments and development focused on industrial and logistics sector in the CEE region, the initial budget for investments being estimated at EUR 100 million.

Adama invests EUR 3 mln in new residential complex

Real estate developer Adama, owned by IMMOFINANZ Group, announces the official start of Evocasa Serenia construction, a new residential assembly consisting of 77 units and located in Bucharest’s Berceni area.

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