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Eurostat: Romania, EU leader regarding construction works growth in July

Romania registered in July 2013, compared to June 2013, the biggest growth of the construction works in the European Union, 8.6%, considering the EU average of 0.3% and the euro zone average growth of 0.3%, shows the information presented on Wednesday by the statistical office of the European Union (Eurostat).

Russians to build in Paris tallest towers in Europe for EUR 3 billion

Russian real estate developer Hermitage will build in Paris the tallest towers in Europe, outrunning London’s emblematic "Shard", including an office complex and luxury residential with investments of approx EUR 3 billion.

Unirea Shopping Center plans a cinema and a skate-rink on its roof

Adamescu family, involved in insurance, real estate and hotel business, consider the development of a cinema and skate-rink on the roof of Unirea Shopping Center in Bucharest centre, as well as the opening of a restaurant with Michelin stars, of a series of luxury stores within Intercontinental five stars hotel and to double the area of Unirea commercial centre in Braşov.

Office markets of Central European capital cities in H1 2013

Warsaw is the largest office market in Central Europe in terms of leasing volumes, existing built stock and development pipeline, according to the latest report on the office markets in the region’s capital cities of Bratislava, Budapest, Prague and Warsaw, published by Cushman & Wakefield, a leading global real estate services firm.

Hines acquires two more logistics facilities in Poland

The Warsaw office of Hines, the international real estate firm, has announced that the firm’s Hines Russia & Poland Fund (HRPF) has purchased two logistics facilities from TMW Pramerica Property Investment GmbH.

Brasov - Comarnic highway project is modifying the route, but will not be postponed

The general manager of CNADNR, Narcis Neaga, has denied the information according to which the bid for the construction of the segment of the highway Brasov - Comarnic would be postponed due to route’s modification.

NEPI made the deal with Bel Rom to take over Severin Shopping Center

South-Africa’s investment fund New Europe Property Investments (NEPI) took over Severin Shopping Center, developed by the Belgium’s Bel Rom, as well as a land nearby of 2.3 ha, have announced the lawyers Voicu&Filipescu, who assisted the seller in the transaction.

Echo Investment gave up a floor in Korona Braşov

Polish company Echo Investment modified the structure of Korona mall they intend to develop starting 2014 in 2014 in Braşov and plan to buy retail projects already existing in the country, considering that the high pressure on rents makes difficult the construction on new buildings.
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