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Articles - real estate investments

Real estate investment exceeding EUR 800 million to be delivered next year in Romania

Real estate investment exceeding EUR 800 million will be delivered next year in Romania, mainly in Bucharest, with the office market in the top of the developers’ preferences, which will lead to pressure on office rents.

Developers of Lotus Center Oradea invest EUR 60 mln in new real estate project

The developer of the Lotus Center Oradea shopping center will invest EUR 60 million in a mixed-use real estate project to be built in the western Romanian city, the company has announced.

Nusco makes first step in a new residential project on Pantelimon Road in Bucharest

Italian group Nusco, with business in real estate and in doors and windows industry, received the construction permit for a residential complex situated on Pantelimon road in Bucharest, which will be named Pantelimon Residential Park.

Biggest real estate investor in Romania borrows EUR 400 mln via bond issue

South-African real estate developer NEPI has raised EUR 400 million by selling unsecured corporate bonds. It will use the funds to refinance existing debts and for possible new acquisitions.

Immofinanz on track to deliver Metroffice in Q2 2016, says the developer

Construction works on the three building Metroffice office project in Bucharest are advancing according to plan, Immofinanz announced, taking it a step closer to the scheduled Q2 2016 delivery.

Spanish developer builds nine apartment blocks in Bucharest

Spanish real estate developer Gran Via will build nine apartment blocks with over 1,100 homes near the Plaza Romania shopping center in western Bucharest.

Big city ‘satellites’ top residential development, says DTZ Research

Four localities (Selimbar, Floresti, Giroc and Miroslava) and three cities in Ilfov (Popesti Leordeni, Otopeni and Bragadiru) are in the top 15 deliveries of new homes in 2014, surpassing large cities such as Iasi, Ploiesti, Galati or Sibiu, according to a study by DTZ Research.

EUR 5 mln residential project to be delivered in August 2016 in Cluj

A EUR 5 million residential project called Contemporano will be developed in the semi-central area of Cluj-Napoca, Coldwell Banker announced. The project is developed by EBS Real Estate Investment in partnership with local construction company Coratim Group and will be completed in August 2016.

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