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Articles - real estate developments

Patriciu family exits EUR 300 million real estate project to be developed by Immorent near Bucharest

Businessman Dinu Patriciu’s family exited the company which intended to develop a real estate project in Străulești area near Bucharest together with Erste Immorent Group Romania, the shares owned by Șerban Patriciu and a company managed by him being taken over by Immorent.

Bog'Art named general contractor for Veranda Mall

Bog'Art was named general contractor for Veranda Mall, which will go up near Bucharest’s Piata Obor district. Completion is set for fall 2016.

Radu Dimofte brought EUR 1.5 million capital to Wellkept Imobiliare, office and residential developer

Businessman Radu Dimofte increased with 66.6 million lei (EUR 1.5 million) the capital of the company Wellkept Imobiliare, the developer of an office building in Piața Universității, Bucharest.

One Herastrau Park luxury residential complex construction kicks off

One United Properties announced the start of construction works on One Herastrau Park, an exclusive residential project expected to finish in March 2017.

One United Properties breaks ground on One Herăstrău Park

One United Properties started construction on One Herăstrău Park in northern Bucharest.

Construction starts on first solar powered residential complex in Romania

Construction works on the Solar Neighbourhood, the first project in Romania designed to be powered by photo voltaic solar panels, have started in Bucharest and are projected to end in September 2017, according to an announcement by developer Ad Astra Partners.

4 new players in top 10 largest real estate companies in Romania

According to a RisCo.ro top covering real estate transactions, when looking at 2014 against the previous year, companies either increased their turnover or left the top altogether, which indicates an upward trend for the industry.

Bog'art, general contractor for the office project Gara Herastrau

Globalworth Real Estate Investment Fund Investments, controlled by businessman Ioannis Papalekas announced that it has appointed Bog'art as general contractor for the construction of the Gara Herăstrău office building.

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