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Articles - real estate investments

How Much Money the Biggest Real Estate Projects Owners are making in Bucharest

The office buildings and commercial centres owners in the main Bucharest areas such as Piaţa Victoriei, Băneasa, Dimitrie Pompeiu or Militari, are annually cashing out from rents more than EUR 340 million.

IGD: We are not aiming new projects in Romania

Italian company Immobiliare Grande Distribuzione (IGD), the owner of the Winmarkt commercial centres network, will focus on the improvement of its current portfolio on the local market, aiming to attract new tenants and prepare for the moment when the investment market will recover.

Adama invests EUR 14.1 mln in 210 new apartments in Bucharest

Real estate developer Adama has completed the second development phase of its Edenia Titan residential project in Bucharest which consists of 126 apartments. Another 84 apartments were recently completed in Evocasa Optima, another residential project the company is developing in the capital’s Titan neighborhood.

NEPI attracted EUR 50 M for three potential investments

The South-African fund New Europe Property Investments (NEPI), one of the most active investors on the Romanian real estate market, attracted approx. EUR 50 M through a capital increase operation, for three potential acquisitions that include a commercial centre in Romania.

EUR 800,000 investments for Novo Park this year

Genesis Development, the company controlled by the businessman Liviu Tudor, has invested this year EUR 800,000 in Novo Park office park in Northern Bucharest.

Lemet Invests 1.6 million lei in their largest store in Bucharest

Lemet, one of the largest furniture producers in Romania, has recently opened a new LEM’S store in Bucharest.

Con-A to Build New Kaufland Store on EUR 5.7 Million Plot

The publishing house Polsib in Sibiu (Pols) sells for EUR 5.73 million excluding of VAT a plot of land of nearly 30,000 sq. m in the city to the construction company Con-A, where a Kaufland hypermarket and retail park will be built.

Tagor Builds in Timisoara 1,200 Apartments with EUR 110 Million

Real estate developer Tagor started the construction of the third residential complex in Romania, in Timisoara, within an investment plan of EUR 100 million.

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