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Skanska restructuring its residential business

Skanska is restructuring its global residential businesses into a single entity called Stream Residential Development, which will be headquartered in Stockholm.

Turkish Acibadem to open a branch in Romania

The private health services group Acibadem from Turkey will open the first branch in Romania on 17th of April. The clinics of the group are well-known in Romania, as several public figures from Show-biz and sports have used their services.

Diego franchise opens first store in Bucharest

The new interior design store has 600 sqm area and it is located in Militari Shopping Center.

CEE property investment surges during Q1 2013

Total commercial real estate investment volume in Central & Eastern Europe (CEE) reached €2.6 billion in the first quarter of 2013 (Q1 2013), three times the level achieved during Q1 2012 and the highest first quarter result since 2008, according to the latest research from global property advisor CBRE.

Xella Romania appoints new CEO

Marius Dragne is the new CEO of Xella Romania, the Romanian subsidiary of German building materials manufacturer Xella. He has previously worked as sales and marketing director

Meli Melo extends to Bulgaria and aims for new markets

Meli Melo Paris, one of the main local fashion jewellery and accessories in Romania, has opened its first store in Sofia, Bulgaria, with EUR 100,000 investment and it’s aiming for expansion on other European markets, the company announces.

NEPI to attract EUR 42.5 mil. from shareholders

The investment fund New Europe Property Investments (NEPI) wants to attract approx. EUR 42.5 million from its shareholders through a capital increase dedicated only to specific investors.

Less retail development possibilities according to DTZ

Some of the few construction options include east of Bucharest, Targu-Jiu, Galati and Timisoara, according to Estera Enache, senior consultant retail for DTZ Echinox.

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