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Articles - real estate investments

The hottest week in Romanian real-estate. Five projects of EUR 250 million announced in two days

„Romania is “hot” again in terms of real estate investments. Looking at the projects, you can see companies with no new projects in a while, which are starting now. We see Skanska currently developing new projects but we also see Romania starting to attract other investors “, said Andrew Peirson, managing director of JLL for SEE and Romania.

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).

Vastint Romania has a permit for one million square metres built in Sisești

Genereal manager Vastint Romania, real estate division of Swedish group Inter IKEA, has declared that the Zone Urban Permit for the area Sisești, the most recent acquisition of the developer, allows the development for up to one million sq. m built area. c

New Kopel: We are considering this year real estate investments, not only in automotive sector

Hezi Shayb, CEO of New Kopel Group, a company with activities in the automotive industry, says that the yields in the real estate, as well the economic growth of Romania are attracting the company towards the real estate sector.

Five investors bought properties of over EUR 500 million in Romania last year

Five investors - CTP, GLL, P3, Nepi and Globalworth – bought properties exceeding EUR 500 million in Romania last year of the total EUR 650 million registered for the entire Romanian market, according to real estate consulting firm JLL.

Iulius Mall invests EUR 3.5 mln into ‘new look’

Last year, the Iulius Management Center company invested over EUR 3.5 million for the redeveloping of specific areas within Iulius Mall Timisoara, according to company representatives. The works were carried out in parallel with those for the Openville urban ensemble that is located in its immediate vicinity and were recently completed.

Spanish group Hercesa resumes its residential investments in Bucharest

Spanish group Hercesa began the construction work of a new building within the Vivenda Residencias residential compound in eastern Bucharest, in the Titan area.

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