Articles - real estate developments

NEPI postpones the opening of Mega Mall for May 14

South African investment fund NEPI (New Europe Property Investments) will open the Mega Mall shopping center in the vicinity of the National Arena in Bucharest on May 14, the developer has announced. The EUR 165 million shopping mall was supposed to officially open on April 23.

Israeli real estate developer invests EUR 20 mln in new Bucharest residential compound

Gindi Group, one of the largest real estate developers in Israel, will invest EUR 20 million in GViTown, a new Bucharest residential compound located in the Mihai Bravu area.

Chinese company starts works at residential project in Craiova

Prime Minister Victor Ponta and Chinese Ambassador Xu Feihong attended on Tuesday the opening of a works site in Craiova, where a Chinese company builds a residential neighbourhood.

MetroCity Academiei to be completed next year following EUR 10 mln investment

Real estate developer with domestic capital Construct Aprodex will invest approximately EUR 10 million in MetroCity Academiei, a residential project located near the Military Academy in Bucharest.

Strabag to construct first two office buildings of Oregon Park project in Pipera

Austrian group Strabag, which became in the last years the largest player on the local construction market, will build the first two office building of the project Oregon Park in northern Bucharest, an investment of Portland Trust, group controlled by British Robert Neale.