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Articles - dezvoltari imobiliare

Bucharest’s Mega Mall to open on April 23

The EUR 165 million shopping mall developed by New Europe Property Investments (NEPI) in Bucharest will officially open on April 23, the company has announced.

Insolvent real estate project in Romania posts EUR 76 mln debts

The real estate project Pipera City, currently under insolvency, has amassed EUR 76 million debts, EUR 27 million of which to the local bank Bancpost, reports local Wall-street.ro.

Romania plans huge compound for justice HQ

Romania plans to build ‘Headquarters for Justice’, a EUR 270 million compound that will host legal institutions.

Green light for shopping center behind historical building in Bucharest

The Bucharest City Hall has given the green light for a 12,000 sqm shopping center behind the Stirbey Palace on Calea Victoriei, downtown Bucharest.

Rising transactions encouraged developers to begin new projects

The number of luxury dwellings in Bucharest grew by 12%, encouraging developers to begin big projects, according to Nordis representatives, a company with a portfolio of 2,500 properties in central areas.

AFI Europe delivers third building of AFI Park in Bucharest

Real estate investment and development company AFI Europe has completed the third building of its AFI Park office project in Bucharest, the company announced on Tuesday.

Real estate developers looking for EUR 250 million to continue projects

A series of real estate developers will be looking to attract this year bank financing of approx. EUR 250 million in order to continue the mall and office projects, the most important funds being necessary for the construction of the ParkLake Plaza mall in Titan and of the office tower Bucharest One in Calea Floreasca, according to ZF analysis.

Demand for retail space to go up in 2015, says DTZ Echinox

After four years during which most retailers have concentrated on consolidation and brand repositioning and less on expansion, 2014 has seen a more dynamic evolution which is expected to continue this year as well, according to representatives of real estate consultancy firm DTZ Echinox.

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