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Offices in Romania, 20 times cheaper than in Hong Kong

The office market in Romania is more than 20 times cheaper than in Hong Kong, which is the most expensive market in the world.

Logistics properties manager names new Country Head in Romania

Cora Stolz, 39, has become Country Head for the company PointPark Properties Romania (P3), a specialized investor, developer and manager of logistics properties in Europe.

Romania ranks last in EU in number of active SMEs

Romania has landed on the last place in the European Union as far as the number of active small and medium enterprises (SMEs) is concerned, and on the 17th place as far as the added value brought by SMEs, according to a survey of the Post-Privatizare Foundation, quoted by Mediafax newswire.

AFI Europe begins extension works on AFI Palace Cotroceni

Real estate investment and development company AFI Europe has begun extension and reorganization works on the AFI Palace Cotroceni shopping mall in Bucharest, its flagship project on the local market.

Bucharest’s city Hall to start the enlargement of Fabrica de Glucoză St.

One of the most important infrastructure projects to be started by Bucharest’s City Hall in 2015 is the enlargement of Fabrica de Glucoză St., has declared for ZF Live Ion Dedu, the director for infrastructure within Bucharest City Hall, referring to the route used daily by thousands of corporatists to access Barbu Văcărescu -Pipera area.

Omifa relocates to Northern Bucharest

Starting December, Omifa, the office fit-out solutions supplier, relocated its Bucharest office to Nova Buildingsituated in Northern Bucharest, in the proximity of Barbu Vacarescu Blvd. and of Calea Floreasca.

Eurostat: Romania, the highest increase in construction work in the EU in November

Romania went from the most significant decrease in construction in the European Union, as noted in October 2014, when compared to the previous month, namely minus 5.4 percent, to the highest increase in construction work in November compared to October, namely 5.8, the data presented on Monday by the European Statistics Office (Eurostat) shows.

Bucharest’s ParkLake shopping mall reaches 70 pct occupancy rate

ParkLake, the 70,000 sqm shopping mall developed by Sonae Sierra and Caelum Development in Bucharest’s District 3, has signed “and/or committed” some 70 percent of this GLA, according to the developer.

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