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Articles - dezvoltari imobiliare

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.

Year in Review: Real Estate

The total property investment volume in Romania increased to approximately EUR 1 billion in 2014, marking the highest annual level since 2008, according to pundits. Office has been by far the best performing real estate sector but there is good news coming from retail, logistics and industrial and residential as well.

Main developments on the Romanian real estate market in 2014

Real estate developers focused more on office projects in Romania this year, and less on retail and logistics projects.

Lear Corporation rented 12,000 sq. m production and office spaces in Iasi

American producer Lear Corporation, one of the main worldwide suppliers of chairs and electric distribution system for automotive industry, rented a production facility and offices on 12,000 sq. m within Solo Industrial Park in Letcani near Iasi, announced CBRE, the transaction broker.

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