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Articles - investitii imobiliare

Turkish family to develop residential project on Turbomecanica plot

A Turkish family wants to develop a residential project toting up to 1.100 apartments on a 3.3 ha plot purchased from former Turbomecanica plant in Bucharest’s Militari neighborhood.

UniCredit plans to sell real-estate properties worth EUR 2.5 bln in the next two years

Italy’s UniCredit SpA banking group plans to sell real-estate properties worth EUR 2.5 bln, against the backdrop in which the main Italian bank is looking for ways to strengthen its balance sheet, Bloomberg informs.

Bucharest’s District 1 City Hall to build EUR 12 mln commercial complex

Bucharest’s 1st district Market Administration is looking for a general contractor for a multifunctional complex on Mures street, that will include shops, a food market, offices and a kindergarten. According to Mediafax, the project will amount EUR 12.6 million, VAT included.

Joint venture invests EUR 5 mln in Bucharest residential project

A joint venture between a Spanish company and a Romanian businessman develop a 56 apartments’ residential project in Popa Nan area in Bucharest, an investment amounting EUR 5 million.

Greek investor Ioannis Papalekas nears EUR 1 bln real estate portfolio in Romania

Real estate investment firm Globalworth, controlled by Greek businessman Ioannis Papalekas, increased its portfolio in Romania to EUR 752 million.

‘Beverly Hills’ near Bucharest with EUR 12 million

Romanian investor Dragos Cinca wants to build this year about 40 villas, part of a residential complex located in Corbeanca, near Bucharest. He calls this area ‘Bucharest’s Beverly Hills’.

NEPI plans to extend Promenada mall in Bucharest with 25,000 sqm

South African New Europe Property Investments (NEPI) plans to extend the surface of its Promenada mall in Bucharest with 25,000 sqm, according to a company report made public today.

Belgian group invests EUR 110 mln in real estate project in Romania

Belgian developer Liebrecht & wooD will invest some EUR 110 million in a real estate project in southern Romania, near Bucharest.

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