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Articles - real estate investments

Adamescu to add cinema and skate-rink to Brasov mall with BCR loan

Unirea Shopping Center Bucureşti (SCDM), controlled by Adamescu family has mortgaged a plot of land in Braşov to BCR, where intends to expand the mall. The investment in doubling the mall’s capacity will be EUR 50 million, according to Carmen Adamescu.

Ion Sturza Completed First Phase of Liberty Technology Park Cluj

Ion Sturza, former prime minister of the Republic of Moldova and former partner of Dinu Patriciu in Rompetrol, inaugurated yesterday the first two buildings of the project Liberty Technology Park Cluj, a total investment of EUR 25 million.

Anchor Group to deliver second Bucharest office project in 2014

Anchor Group is scheduled to deliver its second office building in Bucharest by 2014.

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.

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