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Impact SA to start residential project on EUR 9 mln plot of land in Bucharest

Romanian real estate developer Impact will start a residential project on a 26,000 sqm plot of land close to the Barbu Vacarescu area in Bucharest which it bought for EUR 9 million, the company has announced. The money was raised following a share capital increase.

COS, leading specialist in workplace consultancy & design and fit-out, opens its second office in Romania, in Cluj-Napoca

Corporate Office Solutions (COS), leading specialist in workplace consultancy & design and fit-out, inaugurates its second office in Romania, in Cluj-Napoca.

The Germans from Deutsche Bahn to develop services centre in Pipera

German group Deutsche Bahn, with worldwide revenues of EUR 39 billion in 2013, will develop a service centre with hundreds of employees within Hermes Business Campus project in Pipera, where it has rented 2,000 sq. m in the first phase.

RICS at the UN Climate Summit: Moving our action agenda forward to Paris 2015

At the historic high level Climate Summit hosted by United Nations (UN) Secretary General Ban Ki-moon in New York on 23 September 2014, RICS committed to mobilise the profession and property sector leaders to actively support the work towards a binding climate deal at the UN’s formal negotiations under the 21st Conference of the Parties (COP21) in Paris in 2015.

Immochan Romania leases 80 pct of the Coresi mall in Brasov

Immochan Romania, the real estate division of the Auchan Group which operates a network of 31 hypermarkets in Romania, has built 70 percent of the EUR 60 million Coresi Shopping Resort in Brasov and has leased 80 percent of the retail space, the developer announced on Tuesday.

Dascălu develops a new office building on 15,000 sq. m near Palas Iaşi

Businessman Iulian Dascălu, the owner of the commercial centers network Iulius Mall and of the mixed-use project Palas in Iaşi, started this month in Iaşi the construction works for a new office building with a rentable area of 15,000 sq. m, scheduled for completion in the end of next year.

Tagor sold more than a half of the first phase of Adora Urban Village in more than a year since the project completion

More than half of the apartments in the first phase of Adora Urban Village project were sold in more than a year since the completion of the project.

Trust index for Romania’s economy declines in September

Trust in Romania’s economy dropped in September, reflecting the negative perception for the economy in the Euro zone and in the European Union.

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