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One United Properties sells 4 Bucharest apartments for EUR 1.36 mln

Four Bucharest apartments located in the One Floreasca Lake residential compound developed by One United Properties have been bought by an investor for a combined EUR 1.36 million (VAT included), has announced Crosspoint Real Estate, the agency which brokered the transaction.

Main office deliveries in Cluj in 2014

Following the request growth, the office spaces offer in large cities outside Bucharest is improving in 2014, with Cluj being the city on the first position.

Two new tenants in the tallest office building in Bucharest

Two new office spaces were occupied in Sky Tower building, Proiect Bucuresti on 1,158 sq. m on the 9th floor and another one on 579 mp by the company Bomax Group, on 16th floor, according to Esop Consulting, the transactions broker.

EY: Romania surpasses Hungary and becomes 3rd most attractive CEE market for foreign investors

Romania has surpassed Hungary as the third most attractive country to establish a business in central and Eastern Europe, according to a survey from Ernst & Young. Romania is still below Poland and the Czech Republic, but if it maintains its current rhythm of development, may reach 2nd spot in 2015, writes evz.ro.

First development phase of The Office inaugurated in Cluj Napoca

The first development phase of the most important office building project outside Bucharest was inaugurated in Cluj Napoca. Ovidiu Sandor and NEPI financed the project, which offers in its first phase 19,000 square meters out of a total of 54,000.

Mega Image gets EUR 25 million from the Netherlands for expansion

Belgian retailer Mega Image, present on the local market with three store formats, the supermarkets with the same name, the proximity stores Shop&Go and the frozen goods store AB CoolFood, received a capital infusion of EUR 25.2 million from the Netherlands.

The office market was the least affected by the crises

The office market was the least hit by the crises in the entire real estate sector in Romania, registering last year record level considering the transactions (approx. 300,000 sq. m, with 22 pct growth compared to 2012) and the new deliveries (120,000 sq. m, with 2.5 times growth).

BCR successfully bids EUR 50 mln for Silver Mountain project

The real estate project Silver Mountain based in Poiana Brasov along with a piece of land near Snagov lake were acquired by BCR for around EUR 52 million in a tender organized on May 23 by Euro Insol, the judicial liquidator of INR Management Real Estate.

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