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Articles - real estate developments

First ski slope in a mall in Romania

Investment fund New Europe Property Investments (NEPI), largest real estate investor in Romania considering the value of its assets, has included a ski slope within Shopping City Timişoara, to be opened for public in the end of this month. This is the first ski slope included in a Romanian mall.

Real estate market in Romania continues growth; international investors and developers’ interest increasing

Local real estate market will continue the positive trend of the last years, with growth estimated on key-segments such as investments market, office and industrial, according to the most recent study of a real estate consultancy company.

Real estate mixed-use project in Cluj-Napoca to be completed in December

The real estate project Platinia, developed by the businessman Sile Puşcaş on the former platform of the Ursus beer factory in Cluj-Napoca, will be completed in December 2016, the total investment reaching nearly EUR 40 million.

Romanian Fiscal Authority ANAF to relocate in 2017 to new headquarters

The new headquarters of ANAF will be designed by the associated companies Concrete & Design Solutions and Tahoma Bautrupp, the building with seven floors being scheduled for completion by mid-2017.

Zacaria Group invests EUR 20 million in a new residential project in Bucharest

Real estate developer Zacaria Group enters the Romanian residential market with an investment of EUR 20 million in a project which includes 280 units situated in northern Bucharest.

ParkLake reached 94pc of total GLA for its September opening

ParkLake, a Sonae Sierra and Caelum Development Joint venture project, announces the opening for September 2016 with further tenant agreements reaching over 94pc of its Gross Leasable Area (GLA). The new tenants range from clothing, sports equipment and toys to sports and fitness services providers.

Veranda shopping center signs EUR 25.5 million financing deal

The Veranda shopping center, in the Obor area of Bucharest, signed a EUR 25.5 million financing deal with Raiffeisen Bank SA and Raiffeisen Bank International AG for the development of the project in the next period of time, according to a company press release.

NEPI to deliver 8,400 sqm office project in Bucharest this summer

Aviatorilor 8 (project former known as Victoriei Office), an office building in Bucharest’s Victoriei Square with a GLA of 8,400 sqm, will be finalized during the third quarter of this year, according to developer NEPI (New Europe Property Investments).

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