Articles - real estate investments

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 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.

Turkish family to develop residential project on Turbomecanica plot

A Turkish family wants to develop a residential project toting up to 1.100 apartments on a 3.3 ha plot purchased from former Turbomecanica plant in Bucharest’s Militari neighborhood.

UniCredit plans to sell real-estate properties worth EUR 2.5 bln in the next two years

Italy’s UniCredit SpA banking group plans to sell real-estate properties worth EUR 2.5 bln, against the backdrop in which the main Italian bank is looking for ways to strengthen its balance sheet, Bloomberg informs.

Bucharest’s District 1 City Hall to build EUR 12 mln commercial complex

Bucharest’s 1st district Market Administration is looking for a general contractor for a multifunctional complex on Mures street, that will include shops, a food market, offices and a kindergarten. According to Mediafax, the project will amount EUR 12.6 million, VAT included.