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Articles - real estate investments

Korona Mall Braşov, postponed again

Construction works for Korona Mall in Braşov will not start this year, as scheduled.

Cosmopolis owners bought a land on Barbu Văcărescu St. for a residential building development

Turkey’ Buyukhanli family, the developer of residential complex Cosmopolis in Ştefă­neşti village, northern Bucharest has recently bought a land of more than 2,000 sq. m on Barbu Văcărescu St. in Bucharest, with the intention to start this year the construction works for a building with approx. 100 apartments.

NEPI secures €20m to refinance Galati mall

NEPI secured a €20m loan from Garanti Bank to refinance Shopping City Galati.

AFI starts the construction of the last two office buildings near Cotroceni mall

AFI Europe Romania starts the construction of the last office towers in the close vicinity the mall AFI Palace Cotroceni.

Globalworth aims to buy UniCredit’s HQ in the north of Bucharest

Globalworth, controlled by Ioannis Papalekas, is planning real estate deals worth of EUR 130 million in Romania, among which the Unicredit Tower.

JLL Romania: A new real estate cycle is beginning

After Romania experienced the end of a 10-year real estate cycle last year, a new one is about to start, thinks Attila Peli, the head of development & land at JLL Romania.

2014, the year of the developers’ comeback, says Colliers International Romania

The Romanian land market is steadily growing in activity, fueled on one hand by the development of new large scale projects and ‘potentially last minute discounted land plots available’, on the other hand, according to a recent market report published by Colliers International Romania.

Bucharest New Office Stock estimated at 120,000 sq. m in 2014

The new office stock in Bucharest is estimated at 120,000 sq. m in 2014, a similar level to last year, a recent report of The Advisers/Knight Frank shows.

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