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Articles - dezvoltari imobiliare

Euromall developing luxury residential project in downtown Bucharest

Real estate company Euromall will be developing a luxury residential project, Vernescu Residence, in downtown Bucharest. This is the first residential investment for the local developer controlled by Israeli investors.

Impact SA to start residential project on EUR 9 mln plot of land in Bucharest

Romanian real estate developer Impact will start a residential project on a 26,000 sqm plot of land close to the Barbu Vacarescu area in Bucharest which it bought for EUR 9 million, the company has announced. The money was raised following a share capital increase.

Dascălu develops a new office building on 15,000 sq. m near Palas Iaşi

Businessman Iulian Dascălu, the owner of the commercial centers network Iulius Mall and of the mixed-use project Palas in Iaşi, started this month in Iaşi the construction works for a new office building with a rentable area of 15,000 sq. m, scheduled for completion in the end of next year.

Tagor sold more than a half of the first phase of Adora Urban Village in more than a year since the project completion

More than half of the apartments in the first phase of Adora Urban Village project were sold in more than a year since the completion of the project.

IKEA real estate division changes name

Inter IKEA Property Division has announced the changing of the name of its nine companies, to be reunited under the name of Vastint. In Romania, the real estate division of IKEA was previously called Interprime Properties.

Artemis Real Estate is developing five projects near Timisoara

Swiss group Artemis Real Estate, local division of Artemis Holding, announced on Thursday it is developing 5 projects near Timisoara, on a 128 ha piece of property. The projects include industrial and residential buildings.

Anchor Grup plans to resume works on Metropol office project

Real estate developer Anchor Grup, part of Turkish Fiba Holding, is in the process of selecting a contractor and could resume works on the 35,000 sqm Metropol office project in western Bucharest this autumn.

Adama completed last phase of residential compound in Iasi, following EUR 1.7 million investment

Real estate developer Adama, controlled by the Austrian group Immofinanz, completed the construction of the last phase of the residential complex Copou Bellevue in Iasi, following EUR 1.7 million investment sustained from own resources, the complex including 170 units, 75 pct sold.
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