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Articles - real estate investments

EUR 10 million investment in office project within Tetarom park in Cluj

Transilvania Construcţii, real estate development company controlled by Timofte family, plans to complete by November the fist building of an office project within Tetarom 1 industrial park in Cluj.

Five storeys office building developed downtown Bucharest

Downtown Centre, company controlled until recently by several shareholders including Romanian Andrei Hrebenciuc, is developing an office building in the heart of Bucharest, in the vicinity of the Romanian Television headquarters, on 33A Calea Dorobanţilor St.

Qfort to invest EUR 4 million in offices and showroom near its factory in Pieleşti, Romania

Windows manufacturer Qfort is developing an office building and a showroom near its factory owned in Pieleşti, Dolj county. The company’s total investment reaches EUR 4 million, the space hosting 300 employees.

Romanian real estate investment volumes up 80% in the first half of the year

Romanian real estate investment volumes went up 80% year-on-year in the first half of 2016, reaching an estimated EUR 340 million, according to real estate consultancy company JLL. In the first semester of 2015, the real estate investment volumes stood at EUR 187 million.

Gijs Klomp: Sunt multi investitori din Europa si SUA care se uita la Romania

Romania is a market with increasing attractiveness for the foreign investors, as the experiences of other large players in the market were already positive. The market effervescence, the growing number of developers, as well as the big names entering the market in latest years, make Romania the ideal place for real estate investments, pundits believe.

NEPI to acquire Shopping City Sibiu from the Argo Group

NEPI has concluded an agreement to acquire Shopping City Sibiu, in Romania, from the Argo Group. The shopping centre currently has a Gross Lettable Area (“GLA”) of 79,100m2.

JLL: Property investments in Romania to be put on hold in case of Brexit

Property investors will postpone their decisions to invest in Romania in case of Brexit until the outlook stabilizes, a local real estate consultant told SeeNews.

Largest three real estate players in Romania have assets of one billion Euros each

Three companies on the real estate market in Romania reached last year portfolios exceeding EUR 1 billion each, values including both the properties which are currently generating revenues as well as the projects in development, the companies are ready to invest in.

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