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Articles - real estate investments

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.

Adama to Develop New Residential Building in Iasi, with EUR 1.7 Million

Real estate developer Adama, fully owned by Immofinanz Group, started the construction works for the last development phase of the residential complex Copou Bellevue in Iasi.

Romanian Businessman Invests EUR 35 mln in Eco-residential Complex near Bucharest

The first stage of the Casa Vlasia residential complex developed by Romanian businessman Valentin Bitoiu was opened this week.

The Way Developers Capitalize the Hundreds Millions Euros Invested in Former Communist Factories Plots

Real estate developers paid hundreds million Euros for the plots of the former factories in Bucharest and in the country.

GTC Sold Galleria Suceava Mall for EUR 800

Real estate developer GTC sold Galleria Suceava mall with EUR 800, a transaction completed this summer, while the investment for the mall’s development reached EUR 25 million.

Cora Looks For Association to Develop Commercial Centre in Braşov

Belgian retailer Cora, part of the group Louis Delhaize, intends to sign a partnership with a commercial centres developer to ensure the construction of a mall in Braşov, on the plot the hypermarkets network owns in the centre of the city.

Immochan Started the Construction of Coresi Braşov Commercial Centre

Immochan, the real estate division of the Auchan group, started in Brasov the construction of the commercial centre Coresi, to include 130 stores, 6,000 sq. m entertainment area and the biggest Auchan hypermarket in Transylvania, with an investment of EUR 60 million.

Chinese investors turning to CE

More Chinese investors are turning their attention to Central Europe, after recently closing their first deal in the region: Silesia City Center, a shopping center in Poland, was sold at a price equivalent to almost EUR 400 million.
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