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Articles - dezvoltari imobiliare

GTC plans to invest EUR 33 mln in two real estate projects in Bucharest

Polish real estate developer Globe Trade Centre (GTC) aims to draw from shareholders at least EUR 144 million through a capital increase to finance new investments, including two projects in Bucharest, valued at about EUR 33 million.

5,000 apartments to be built in South Bucharest by 2016

Several Romanian investors want to develop by next year 5,000 apartments in the South of Bucharest, for the first phase having been bought plots of about 15 hectares, and the first blocks will be available for sale this year.

First mall opening in Romania this year: 150,000 visitors expected this weekend

The Coresi Shopping Resort, the first mall opened in Romania this year, expects over 150,000 visitors this weekend, the first after its opening.

City Park Mall Constanta to be extended by December 2015

South-African investment fund NEPI (New Europe Property Investments) started working on the extension of City Park Mall Constanta (South-Eastern Romania).

Tagor delievers first phase of Adora Pipera project

The first phase of the residential complex Adora Pipera, an investment financed by the British fund Patron Capital, with assets worth billions of Euros, was completed and handed over to the developer, Tagor, which started the sale process.

Radu Dimofte invested EUR 2.5 million in office building downtown Bucharest

The company Wellkept Imobiliare, controlled by the businessman Radu Dimofte, completed the construction of an office building of five stories on Nicolae Balcescu Blvd. downtown Bucharest, across the road from Dalles Hall, an investment of EUR 2.5 million, 50 pct rented.

NEPI starts works on Timisoara mall

South African investment fund NEPI (New Europe Property Investments), one of the largest real estate investors on the local market, started works on a new mall in South Timisoara.

DTZ: Romania to reach 3 million sqm of modern retail space this year

Modern retail space supply in Romania this year will exceed 3 million sqm compared to 2.86 million sqm in 2013, according to DTZ Echinox data.

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