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Articles - real estate investments

Fastest growth Barbu Văcărescu – Floreasca area radically changed during crises through EUR 600 million investments

Less than one kilometre radius around Aurel Vlaicu metro station the real estate investors built and are continuing to develop office buildings which could accommodate 40,000 employees.

EUR 9 mln residential project to be built near Bucharest

Kape Premium Imobiliare – a residential developer active in France and Italy – is investing approximately EUR 9 million in building 100 villas in Frumusani, south-east of Bucharest, according to Premier Estate, the project’s agent.

Romanian analysts say local shares and real estate are the best bets for 2015

Romanian financial analysts believe shares are the best investment next year, followed by real estate assets, according to a survey during the Chartered Financial Analysts (CFA) Forecast Dinner, quoted by local Wall-street.ro.

Impact invests EUR 14 mln in expanding Greenfield with 252 apartments

Romanian company Impact Developer & Contractor will deliver this December three apartment blocks part of the Greenfield housing project in Baneasa and another six will be completed in February, according to Mediafax newswire. Construction works started five months ago.

Hotel chain owner builds apartments in Bucharest

Hotel owner Mohammad Murad has invested some EUR 4 million in a residential compound in Northern Bucharest, called Green Residence, according to Wall-Street.ro.

Luxembourg investment fund acquires EUR 1.2 mln real estate assets in Bucharest

Tavirama, a Luxembourg-based investment fund , has bought two retail spaces and one luxury apartment in Bucharest for EUR 1.2 million, the deals representing its first incursions on the Romanian market, where it plans to reach a portfolio of EUR 5 million by the end of next year, writes Mediafax.

Real estate investment of EUR 3 mln in residential building near Tineretului Park

Two Romanian businessmen are investing EUR3 million in an apartment building that will have around 86 apartments, located near Bucharest’s Tineretului Park with delivery scheduled for July next year writes Mediafax.

Helios Phoenix takes out EUR21.3 mln loan to finance Romanian logistics parks

Greek industrial park developer Helios Phoenix got a EUR 21.3 million loan from Alpha Bank London to refinance its Olympian parks in Timisoara and Brasov.

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