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Articles - dezvoltari imobiliare

Cluj: EUR 6 million investments for a business support centre

City Hall in Cluj-Napoca signed the contract for the development of TEAM centre with the comonaies TCI Contractor General , Valdek Impex and Ianus SRL, an investment of nearly 27 million lei (more than EUR 6 million).

Romania’s new retail supply hits 9-year low in 2014, says JLL Romania

Only two modern retail schemes will be delivered in Romania this year totaling 62,000 sqm, according to a recent report from JLL Romania. This is the lowest level reported since 2005, according to the real estate service firm.

Why is Cluj-Napoca the leader in office building development outside Bucharest

Cluj-Napoca, second largest city in the country, continuously developed during latest years due to the attracted foreign capital and the local business environment. The city’s dimensions, the modern infrastructure and the lower costs are attracting a larger number of investments.

S Group completed Green Gate office building in Bucharest, following EUR 55 million investments

The Czech company S Group Holding completed Green Gate office building near Chirigiu market, the largest office project to be delivered this year in Bucharest, including 31,000 sq. m rentable area, following EUR 55 million investments, according to Mediafax.

NEPI and Dedeman took 22 ha land in Timisoara from Cristescu brothers

South-Africa’s investment fund NEPI and the DIY retailer De­deman bought from the brothers Emil and Marius Cristescu and an Italian investor the 22 ha land of the former plastics factory Dermatina in Timişoara in a transaction estimated by ZF to EUR 15-20 million.

Skanska is looking for tenants and wants to buy more land in Bucharest

Swedish construction and development company Skanska has completed 80 percent of Green Court Bucharest’s first office building and is looking to buy more land in the capital.

Real estate investments aimed by Globalworth in Romania

Globalworth, a company controlled by the businessman Ioannis Papalekas, active for 15 years on the real estate market in Romania and SEE invested EUR 72.6 million in real estate projects on the local market and has cashed out form these investments EUR 341.4 million (investments in 2001-2009). Currently the company has 10 investment objectives on the local market, including developing an office complex in Pipera and the acquisition of the office building occupied by UniCredit Tiriac Bank.

Papalekas took EUR 144 million from London for local market investments

Businessman Ioannis Papalekas, one of the most active investor in the local real estate market in the last years, attracted EUR 144 million on London Stock, funds to be used for investments, including for buying the office building UniCredit HQ in Bucharest.
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