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Euromall developing luxury residential project in downtown Bucharest

Real estate company Euromall will be developing a luxury residential project, Vernescu Residence, in downtown Bucharest. This is the first residential investment for the local developer controlled by Israeli investors.

Companies controlling Bucuresti Mall and Plaza Romania to merge

Two companies that are part of Turkish group Anchor and own shopping centers Bucuresti Mall and Plaza Romania will merge. The two companies have combined assets of over EUR 200 million.

P3 Acquires 467,000 m2 of Warehouses plus Additional Development Land from CA Immo

P3, the specialist owner, developer and manager of European logistics properties,has agreed to buy two logistics parks in Poland and one in Romania with a combined total of 467,000 m2 of lettable space, from CA Immobilien Anlagen AG.

David Hay, AFI Europe: We have big plans for next year

The local development plans of AFI Europe include the expansion of AFI Cotroceni mall, the completion of the building 4 and 5 of the office project AFI Park, as well as the beginning of the INOX office project in 2017.

British Council has secondary quarters in Magheru-Amzei area

British Council has recently opened new classrooms in a building situated on 2 Mendeleev St. in Bucharest, in the downtown area Magheru-Amzei.

New offices in Pipera: Bog’Art to demolish Farmexim warehouses and Octagon is digging for Hermes 2

The autumn has started with the opening of two new offices construction sites near Pipera metro station, the new buildings being planned to be delivered in 2016.

Eurostat: Romania, 2nd in EU in terms of decrease in prices of dwellings in Q2

The prices of dwellings rose by 0.9% in the Eurozone and in the European Union these increased by 1.4% in Q2 2014 from Q1.

DTZ Echinox announces EUR 4 mln sale of historical villa; market for high-end properties doubles in 2014

DTZ Echinox announced on Thursday the sale of a EUR 4 million historical villa in downtown Bucharest, part of the Ministry of Culture patrimony.

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