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Articles - real estate developments

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.

German retailer Kaufland opens store at former beer factory in Bucharest

German retailer Kaufland will open a new store in Bucharest, on the site of the former beer factory Grivita.

Immofinanz Group to build 140,000 sqm project

LOG.IQ is an Immofinanz Group project in Mogosoaia, offering a gross leasable area (GLA) of 140,000 square meters, say company representatives.

Anchor: Romania is on an ascending trend. Real estate and retails to evolve positively

Affan Yildirim, new general manager of Anchor Grup, the developer of the first two malls in Bucharest, Bucureşti Mall and Plaza Romania, sees a positive evolution of the real estate sector, as well as of the retail on local plan, a reason for the company started in the last period several investments in Bucharest, estimated at approx. EUR 50 million.

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