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Articles - real estate developments

‘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’.

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.

IKEA starts works on office project in Bucharest

The real estate arm of Swedish furniture retailer IKEA recently started the work on a new project in Bucharest.

Real estate, constructions get a boost in Romania in 2015

Investors will continue to show significant interest in Romania’s real estate sector and construction work will resume in 2015, according to a PwC report.

Primavera Development bought a plot in Bucharest’s Dorobanţi area and enters residential segment

Primavera Development, company controlled by the Tănăsoiu family and Dutch Eelko Kortaweg, will start this year the development of its first residential project in northern Bucharest and also targets the opening of construction works for two new office buildings, one of which on a land of 2,300 sq. m recently bought on Calea Dorobanţilor.

Bucharest’s Mega Mall to open on April 23

The EUR 165 million shopping mall developed by New Europe Property Investments (NEPI) in Bucharest will officially open on April 23, the company has announced.

Insolvent real estate project in Romania posts EUR 76 mln debts

The real estate project Pipera City, currently under insolvency, has amassed EUR 76 million debts, EUR 27 million of which to the local bank Bancpost, reports local Wall-street.ro.

Romania plans huge compound for justice HQ

Romania plans to build ‘Headquarters for Justice’, a EUR 270 million compound that will host legal institutions.
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