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Articles

Lidl disburses EUR 14 M for 14 new stores

German retailer Lidl, which formally entered the local market in 2011 by taking over the Plus network, will open 14 new stores this year, with an investment of about EUR 14 M, according to the estimations of zf.ro.

Romanian real estate site Magazinuldecase.ro changes ownership

Sanoma Digital Romania, a subsidiary of Sanoma Romania, has sold the real estate site Magazinuldecase.ro to Adina Vasilescu, one of the company’s former digital publishers and Daciana Batrineanu, the general director ROL Online Network, according to Mediafax.ro

MBS Group, one of the biggest constructors in Cluj, entered insolvency

MBS Group, one of the leaders of the Cluj County construction market, entered insolvency due to latest economic difficulties.

P3 appoints new CEE Managing Director, after its acquisition by TPG and Ivanhoe

PointPark Properties (P3), the specialist investor, developer and asset manager of warehouse properties, has strengthened its senior Central and Eastern European management team ahead of a planned expansion of its activities made possible by its recent acquisition by private equity investors TPG and Ivanhoé Cambridge.

New Bucharest Real Estate Developments Contested by NGOs representatives

The Chef Architect of Bucharest, Gheorghe Patrascu, has declared during a public debate regarding the approval of an Urban Plan in Dorobanti area that the plans resprect the legislation, following the complaint of NGOs representatives against the construction of 45 m height building between historical monuments, Mediafax informs.

INS revises 0.1 percent down economic growth in first 9 months of 2013

The National Institute of Statistics (INS) revised 0.1 percentage points down, from 2.7 percent to 2.6 percent, the economic growth in the first nine months of 2013, on the seasonally adjusted data, while on the gross series the estimation was maintained at the 2.7 percent level, according to the data the National Institute of Statistics (INS) released on Friday.

Bucharest, in TOP TEN Most Attractive Real Estate Markets in Europe

The most interesting ten markets in Europe for the real estate investors are Bucharest, Warsaw, Dublin, Amsterdam, Milan, Barcelona, Roma, Madrid, Brussels and Luxembourg, according to BNP Paribas Real Estate’s analysts.

AEW Europe supports the development of Lola & Liza which expands on 1,100 sqm in Brussels

AEW Europe, as asset manager for Le Marquis, expands the Lola & Liza Group on 1,100 sqm at 1, Rue du Marquis in Brussels.

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