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Articles - real estate developments

Opus delivered 260 apartments in Cosmopolis this year

Opus Land Development added 80 apartments to its Cosmopolis project in Bucharest earlier this month.

Dutch investor buys the former communist department store Bucuresti in the Old Town

A Dutch investor has bought the building of the former communist department store Bucuresti for some EUR 4 million, according to Romanian daily Ziarul Financiar.

Bucharest One, the office tower with 23 floors Papalekas intends to develop in Bucharest is on schedule

Businessman Ioannis Papalekas is preparing the construction of an office tower near Promenada mall in Bucharest. The constructions on the plot where Porsche Aviaţiei showroom functioned until this year were demolished, Globalworth having in plan for next year the development of a tower on 23 floors.

Skanska's first office project in Katowice

Silesia Business Park will be a complex of four office buildings with a combined office GLA of 46,000 sqm, making it the largest development by Skanska Property Poland to date.

Adamescu to add cinema and skate-rink to Brasov mall with BCR loan

Unirea Shopping Center Bucureşti (SCDM), controlled by Adamescu family has mortgaged a plot of land in Braşov to BCR, where intends to expand the mall. The investment in doubling the mall’s capacity will be EUR 50 million, according to Carmen Adamescu.

Ion Sturza Completed First Phase of Liberty Technology Park Cluj

Ion Sturza, former prime minister of the Republic of Moldova and former partner of Dinu Patriciu in Rompetrol, inaugurated yesterday the first two buildings of the project Liberty Technology Park Cluj, a total investment of EUR 25 million.

Kaufland Opens New Store in Bucharest

German retailer Kaufland, the biggest food retailer in Romania has opened this week in Pantelimon district, the network’s sixth store in Bucharest.

How Much Money the Biggest Real Estate Projects Owners are making in Bucharest

The office buildings and commercial centres owners in the main Bucharest areas such as Piaţa Victoriei, Băneasa, Dimitrie Pompeiu or Militari, are annually cashing out from rents more than EUR 340 million.

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