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Articles - real estate investments

NEPI opens EUR 25 mln Shopping City Piatra-Neamt

Real estate developer New Europe Property Investment (NEPI) has opened on Thursday Shopping City Piatra-Neamt, following EUR 25 million investment.

Liviu Tudor to build swimming pool in West Gate office complex, also considering a kindergarden

Liviu Tudor, the Romanian entrepreneur controlling the business parks West Gate (Militari) and Novo Park (Pipera) through its company Genesis Development, started a series of investments in the office project in the Western Bucharest, including an outdoor swimming pool.

Conference centre with EUR 5 million investment in Timişoara

Businessman Marius Cristescu, who controls together with his brother, Emil Cristescu, the company Bega Turism, the largest tourism company in Timiş county, says to start next year the construction of a conference centre in Timişoara, an investment exceeding EUR 5 million.

Adrian Karczewicz, Skanska: Office spaces yield in Bucharest reaches 7.5 pct.

Commercial real estate markets in Romania and Hungary register new capital flux, following an important yield difference between Western and Eastern Europe, where the office spaces yield is, for example in Bucharest, at 7.5 pct.

ParkLake shopping mall in Bucharest opens in September

ParkLake, Bucharest’s newest shopping mall, will open on September 1. The project’s initial opening was scheduled before May 1, but it had to be postponed as the work was not ready.

Entrepreneur Avi Shloush develops office project in downtown Bucharest

Israeli businessman is developing a mixed (retail and offices) project, near Mercure hotel in Romana Sq. area in Bucharest. According to data on the site, the construction will include two buildings – a new one and an historical building nearby which is changing destination. The entire project will be named Enescu Offices.

Impact to invest EUR 44 mln in expanding northern Bucharest Greenfield residential project

Romanian real estate company Impact Developer & Contractor will invest EUR 44 million in the third development phase of Greenfield, its residential project in northern Bucharest, the company announced this Thursday. The investment will go into 888 new apartments and the related infrastructure.

S Immo starts construction of The Mark office project near Victoriei Sq. in Bucharest

The Austrian controlling the real estate development company S Immo started the works for the office project The Mark, situated in the proximity of Victoriei Sq. in Bucharest.

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