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Net investments in national economy decline 4.2 pc, to RON 15.6 bln in Q2

Net investments in Romania’s national economy dropped by 4.2 per cent in Q 2, 2013 from Q 2, 2012, to RON 15.594 billion current prices, amidst an 18.6-per cent decline in new construction works, according to provisional data released yesterday by the national Statistics Institute (INS), a press release informs.

AFI Properties, the parent company of AFI Europe, announces a 47 percent increase in the company net operating income in H1 2013

AFI Properties, the parent company of AFI Europe, has registered a 32 percent income increase to €51 million in the first semester of this year, compared to the same period of 2012. Also, the company’s net operating income has reached €32.3 million in the first six months of this year, up 47 percent from the first half of the previous year.

Industrial vacancy rates tighten capital city markets

Industrial vacancy rates for select capital city markets in Eastern Europe are beginning to trend downwards but the shift is yet to translate into any significant rental growth, according to recent research released by Colliers International.

Real estate developers invest EUR 250 million in offices to be completed within a year

Six foreign real estate investors will open within a year offices on 140,000 sqm, with EUR 250 million investments, according to ZF analysis.

Gheorghe Iaciu lent Impact EUR 1.1 million

Gheorghe Iaciu provided the loan for one year period, with 6% yearly interest and could be converted in new shares within a new capital increase that could be decided in a General Assemble scheduled for 16 of September.

Autovit to sell a luxury residential building in Bucharest for EUR 12 million

The company Autovit, the owner of the auto fair Vitan Bârzeşti, is selling by public auction, a luxury residential building near Alba Iulia Square in Bucharest, aiming to obtain at least EUR 12 million in the transaction.

Adamescu doubled the profit for Unirea Shopping Center in H1

Unirea Shopping Center (SCDM), the company that owns the commercial centres with the same name in Bucharest and Brasov ended the first semester with 38.3 million lei turnover, with 7.6% down, and a profit of 3.7 million lei, the double of the result registered in the same period of 2012.

Esop started the collaboration with an architecture company for space-planning projects

Real estate consultant Esop started the collaboration with the architecture company CUB Arhitecture for „space-planning” projects, including the office space evaluation, the work units design, ensuring easy access to documents and equipments and the furniture layout.

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