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Articles - dezvoltari imobiliare

Romanian senators vote tax exemption for real estate developers

Romanian senators approved on November 1 a draft project providing that real estate developers, both companies and individuals, are exempted from paying taxes for projects that are destined for commercial use, reports local Profit.ro.

Developer of Cosmopolis residential complex in Romania invests EUR 2.2 mln in strip mall

Turkish group Opus Land Development, the developer of the residential complex Cosmopolis, will open a strip mall within the project at the end of November. The investment amounts to EUR 2.2 million.

The EUR 60 mln Veranda shopping mall opens in Bucharest

The 30,000 square meters Varanda shopping mall that Prodplast Imobiliare, controlled by Romanian businessman Florin Pogonaru, has been developing in the Obor area of Bucharest officially opened on 27th of October.

Luca Prest invests EUR 7.5 mln in a residential complex in Cluj Napoca

Luca Prest, one of the constructions players from Romania, has started the development of the residential complex Grand Hill Residence in Cluj Napoca, the total investments being EUR 7.5 million. It will placed in Buna ziua district and will comprise 148 apartments in a building with 10 floors.

British Romanian Investment Partnership to build New Residence Bucharest

British Romanian Investment Partnership is to build New Residence Bucharest, the second residential project developed in Romania following EUR 10 million investment.

ILDC completes structure of first building in Estic Park residential complex

Developer Eagle Development Estate, owned by Israel Land Development Company (ILDC) is in the process of completing the structure of the first building in the Estic Park residential complex. The building will have 125 flats, and is scheduled to be completed in 2017. The complex will offer a total f 1,500 flats.

Belgian real estate developer to build small town near Bucharest

Belgian real estate developer Liebrecht & wooD will start the construction of the first batch of houses of its Frumusani Residential Park project in the second half of next year.

Oasis kicks off development of EUR 12 mln Prima Shops Oradea

Oasis Retail & Development Consulting, the Sibiu-based developer of commercial centers, has announced the construction of the Prima Shops Oradea project. The retail park will need a total investment of EUR 12 million.

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