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Articles - dezvoltari imobiliare

Buildings delivered in 2017 are worth over 1 billion euros

In Romania, commercial real estate (retail, office and logistics) with a value of 1.084 billion euros was delivered in 2017, according to Cristian Negrea, director of the Asset Property Services valuation department.

Forte Partners takes a 12 million-euro credit from BT for Aviatiei Park

Forte Partners real estate developer, founded by Geo Mărgescu, Ionut Dumitrescu and Johny Jabra, has received a 12m-euro funding from Banca Transilvania for the construction of the Aviaţiei Park residential complex in northern Bucharest, a total investment of 37 million euros.

Cosmopolis owner partners Dutch firm to further develop the project

Turkish investor Ahmet Buyukhanli, who controls the residential project Cosmopolis in north of Bucharest via the company Opus Land Development, has entered a partnership with a group of private investors represented by a Dutch firm to invest in the project’s next development stage in the next five years.

Former NEPI CEO to start residential project in Bucharest

Prime Kapital, the company founded by South-African investor Martin Slabbert after he left the leadership of the real estate developer NEPI in 2015, wants to start working on a large residential project in Romania, reports local Economica.net.

Immochan considers acquiring three plots for malls in Romania

French real estate developer Immochan ponders acquiring three pieces of land to build new shopping centers on the local market, and the investments could amount to EUR 300 million, reports local Economica.ro.

Residential building permits down by 1.2 pct in 2016, after a 12 pct drop in December

In 2016, the number of building permissions for residential buildings decreased by year-on-year by 1.2 percent up to 38,653, on the background of a drop recorded in Bucharest, in Moldova and Walachia, data published by the National Institute of Statistics (INS) shows.

Study: 2016 – best year for Romanian real estate market since 2008, with 1 million sqm delivered

Deliveries of retail, logistic and office spaces stood at 956,000 square meters this year, up by 88 percent compared to 2015, marking the best year for the Romanian real estate market since 2008, a study by DTZ Echinox shows.

Belgian and Romanian investors develop office and residential project in Northern Bucharest

Local real estate developer Millstone Developments will build a residential project with 200 apartments located near Petrom City, in Northern Bucharest and an office building near the Otopeni Airport. The market value of the two projects is estimated at some EUR 34 million.

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