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Articles - real estate investments

Radu Dimofte invested EUR 2.5 million in office building downtown Bucharest

The company Wellkept Imobiliare, controlled by the businessman Radu Dimofte, completed the construction of an office building of five stories on Nicolae Balcescu Blvd. downtown Bucharest, across the road from Dalles Hall, an investment of EUR 2.5 million, 50 pct rented.

Cypriots to buy EUR 8 mln assets in Romania, Bulgaria, Greece

Cyprus-based real estate investment company Secure Property Development & Investment (SPDI) attracted EUR 8 million through a public offering of shares, which it will use to buy assets in Romania, Bulgaria or Greece.

NEPI starts works on Timisoara mall

South African investment fund NEPI (New Europe Property Investments), one of the largest real estate investors on the local market, started works on a new mall in South Timisoara.

Romanian investor builds 330 apartments near Bucharest lake

Romanian developer Imob Construct Center is currently building a new residential compound in Bucharest, near Lacul Morii, the largest lake in Bucharest.

Israeli group resumes EUR 13 mln residential compound in Bucharest

Israeli real estate group Gindi decided to resume the construction of the residential compound GviTown in Bucharest, six years after the company launched the project.

Real estate fund NEPI’s head to establish new company for logistics and industrial investments

Martin Slabbert, founder and CEO of South-Africa’s investment NEPI, plans the establishment of a new real estate investments and development focused on industrial and logistics sector in the CEE region, the initial budget for investments being estimated at EUR 100 million.

Adama invests EUR 3 mln in new residential complex

Real estate developer Adama, owned by IMMOFINANZ Group, announces the official start of Evocasa Serenia construction, a new residential assembly consisting of 77 units and located in Bucharest’s Berceni area.

Romanian entrepreneurs to develop 100,000 sq. m outside Bucharest

Real estate developers will complete this year in Iaşi, Cluj, Timişoara, Târgu-Mureş and Braşov ten office buildings with a total rentable area of approx. 100,000 sq. m, the investments being made mainly by Romanian businessmen, according to a study made by ZF.

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