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Israeli group resumes EUR 13 mln residential compound 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

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

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

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.

Demand for investments in residential projects, up 30% in Bucharest

Demand for investments in residential projects, up 30% in Bucharest

The demand for residential projects with commercial purposes in Bucharest increased in the second half of 2014 by 30% year-on-year.

Cyprus-based Mentor Group Holdings wants to invest EUR 75 mln in Romanian real estate

Cyprus-based Mentor Group Holdings wants to invest EUR 75 mln in Romanian real estate

Cyprus-based company Mentor Group Holdings wants to invest some EUR 75 million in Romania through its real estate division Mentor Group Investments in project development and financing solutions, the company has announced in a press release.

After five years, Anchor started works for the Metropol office project’s facade

After five years, Anchor started works for the Metropol office project’s facade

Turkish group Anchor, the owner of the first two malls of Bucharest, resumed the construction works for the office building Anchor Plaza Metropol on Timişoara Blvd. in Bucharest, more than five years distance from the worksite block.

Russian & German buyers want 15 pct stake in Immofinanz

Russian & German buyers want 15 pct stake in Immofinanz

Russian company O1 Group and German CA Immobilien Anlagen ponder buying a minority stake in the Austrian group Immofinanz, the largest owner of office buildings in Romania.

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