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Cosmopolis project in NE Bucharest to deliver 400 new apartments in 2015

Turkish developer Opus Land Development wants to begin the fourth phase of its Cosmopolis project in Stefanesti next year. 800 apartments are to be constructed at this stage, worth EUR 18 million in investments, half of which will be delivered in 2015, writes ZF.ro.

Maurer Imobiliare finishes 90 apartments in Sibiu with another 180 on the way

German-based developer Maurer Imobiliare finished 90 apartments in their Sibiu residential complex and is set to deliver another 180 units by November 2015. 70 percent of the apartments have already been sold, the developer announced on Friday.

Globalworth acquires Unicredit HQ building for EUR 43 million

Globalworth Real Estate Investments, controlled by Greek businessman Ioannis Papalekas, bought office building UniCredit HQ from businessman Raul Doicescu, in a EUR 43 million transaction approved by the Competition Council.

Over 7,000 new apartments to be delivered this year in Bucharest

A total of over 7,000 new apartments will be delivered this year in Bucharest and the surrounding area, a volume higher than the one reported during the boom years, estimates real estate consultancy firm Coldwell Banker.

Immofinanz to invest EUR 34 mln in expanding Iride Business Park in Bucharest

Austrian real estate company Immofinanz Group will invest EUR 34 million from its own funds to build an additional 20,000 sqm (GLA) of office space in the Iride Business Park in Bucharest, the company announced on Wednesday.

Flash Office Solutions to open its first hub, with fixed price of EUR 110 monthly for an office

Flash Office Solutions launches its first hub, Flash Hub, with working posts at a fixed price of EUR 110 per month in office-sharing system, within its centre situated in Maria Rosetti Tower in downtown Bucharest.

Mars Inc. and Royal Canin to consolidate their Romanian operations

Mars Inc. has extended the lease for the premises of approx. 600 sq. m occupied within the office building situated on 169A Calea Floreasca St., owned by NEPI. Royal Canin has relocated next to its parent company, Mars Inc., renting an office space of approx. 350 sq. m on the 7th floor of the A building, in order to offer more visibility to the operations in Romania and to be more efficient in their communication with the clients.

Romanian Promenada Mall in Focsani opens leisure area after EUR 0.7 mln investment

A new leisure area, which includes a Colours Cinema, a food court and a space dedicated to children, was recently inaugurated in Promenada Mall shopping center in Focsani, Eastern Romania, after an investment of EUR 700,000.

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