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Articles - real estate investments

Co-founder of Cellini stores invests in a residential building downtown Bucharest

Businessman Marian Mihart, co-founder of the jewellery and watches stores network Cellini, is developing a residential building on Unirii Blvd., near Bucharest Court, on a plot which was put on sale for several years.

Czech developer plans new developments in Bucharest

Czech developer S Group Holding, which completed the Green Gate office project in Bucharest last year, is interested in developing a new office building in the central-west area of the capital and a residential complex with 2,500 – 3,000 apartments in northern Bucharest.

Radu Dimofte brought EUR 1.5 million capital to Wellkept Imobiliare, office and residential developer

Businessman Radu Dimofte increased with 66.6 million lei (EUR 1.5 million) the capital of the company Wellkept Imobiliare, the developer of an office building in Piața Universității, Bucharest.

One Herastrau Park luxury residential complex construction kicks off

One United Properties announced the start of construction works on One Herastrau Park, an exclusive residential project expected to finish in March 2017.

A new generation of mega-real estate projects in Romania

The real estate developers will complete by next summer investments exceeding EUR 670 million, pooled in the ten biggest private constructions site in Romania. They will put on the market ten new office buildings, two malls and four warehouses.

Iaciu intends to grow on the office market in Iaşi, Romania

Gheorghe Iaciu, the entrepreneur controlling the real estate developer Impact Developer & Contractor, intends to expand its presence on the office market in Iaşi, a city which appears to be a new IT centre of Romania. The entrepreneur completed here EUR 15 million investment in the conversion of a commercial centre to an office building, Moldova Center.

German retailer Kaufland opens store at former beer factory in Bucharest

German retailer Kaufland will open a new store in Bucharest, on the site of the former beer factory Grivita.

European CRE investment increases 15 pct on Q2 2014

Investment into the commercial real estate (CRE) market totalled nearly €56 billion in the second quarter of 2015, up 15% on Q2 2014, according to the latest figures from global real estate advisor CBRE.

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