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Office Market News

ANEVAR estimates real estate valuation market at EUR 35 mln

The Romanian real estate valuation market is estimated at EUR 35 million, more than half being represented by dealing with banks, said the president of the National Association of Certified Valuators in Romania (ANEVAR), Adrian Vascu quoted by Mediafax.

Business Construct: The Half a Billion Euros ‘Swarm’ in Northern Bucharest

On a radius of less than a kilometre around Pipera Passage Aurel Vlaicu metro station, construction sites of half a billion Euros have transformed this area in Northern Bucharest in a true “swarm” of cranes this period.

Romania, among countries with highest economic growth in EU

Malta, the Czech Republic and Romania recorded the highest economic growth rates in the European Union in the second quarter of the year compared to the same period in 2014.

Romanian entrepreneurs have limited access to financing

Romanian entrepreneurs face challenges such as the shortage of specialized human resources, the lack of strong brands, or the limited access to financing and consulting, according to the US business consultant Dale Richards.

Almost EUR 42 bln in subscribed foreign capital

According to data from the Justice Ministry’s National Trade Registry Office, from January 1990 to 31 July 2015 the value of the registered capital subscribed in commercial companies registered in Romania stood at EUR 44.664 bln or USD 55.7 bln.

Radu Dimofte brought EUR 1.5 million capital to Wellkept Imobiliare, office and residential developer

Businessman Radu Dimofte increased with 66.6 million lei (EUR 1.5 million) the capital of the company Wellkept Imobiliare, the developer of an office building in Piața Universității, Bucharest.

Lidl opens 1,200 sqm store in Pipera

Lidl brings its network to 188 stores through the latest addition of a 1,200 sqm store in Pipera, the northern part of Bucharest, say company representatives.

One Herastrau Park luxury residential complex construction kicks off

One United Properties announced the start of construction works on One Herastrau Park, an exclusive residential project expected to finish in March 2017.
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