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Articles - real estate investments

EY: Romanian real estate to become attractive for investment funds in the next 18 months

The confidence of the investors in the real estate market recovered in most of the European countries, including those severely affected by the financial crises, such as Spain and the Netherlands, according to a research of the consultancy company EY, whose analysts consider the positive feeling could also affect the local market.

Impact asks for 80 million lei from shareholders to finance projects

The Administration council of Impact Developer & Contractor (IMP) is proposing its shareholders a capital increase of 80 million lei, to 277.8 million lei, through cash contribution, in order to finance the real estate developer’s projects.

Neocity: We are looking for new investment opportunities in Romania

Israeli group Neocity sold to NEPI (New Europe Property Investors) the City Park Mall in Constanta, in a transaction of EUR 81 million, completed in the end of last year. Being at its second exit in Romania, the company is looking for new opportunities to invest on the local market.

Papalekas builds Bucharest One tower with Bog'art

The investment fund Globalworth Real Estate Investments, controlled by the businessman Ioannis Papalekas, announced on Friday to have chose Bog'art as general for the office building tower Bucharest One.

The Greeks bringing Nike in Romania to invest EUR 5 million in Bucharest downtown building

The company Elmec Romania, which changed its name to FF (Folli Follie) Group Romania in the beginning of this year, will complete early next year the reconstruction of the historical building owned in Universitatii area in Bucharest, intended to be equipped for offices and retail.

EUR 18 million investments in Cosmopolis residential project

Opus Land Development, the developer of Cosmopolis, one of the biggest residential projects in Romania, will complete this year at least 400 new units in the residential complex, the investments scheduled for 2014 reaching EUR 18 million.

S-Immo: We will wait one year or two until a new investment in Romania

Austrian company S Immo, the owner of Sun Plaza mall in Berceni district of Bucharest, will wait one more year or two until making a new investment in Romania, considering the macro-economic situatopn has declared for MEDIAFAX Friedrich Wachernig, a member of S Immo board.

Broadhurst reduced with 40% the price of the plot near AFI Palace Cotroceni

The price of the 4.5 ha land put on sale last year by the investment fund Broadhurst Investments has decreased with almost 40%.

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