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Renault signs lease extension with North Gate for 20,000 sq m

Renault Technologies Europe has agreed to extend their lease terms until 2018 in North Gate Office Building, Pipera Boulevard, according to an announcement from Creativ Invest Group.

NEPI opens EUR 30 mln shopping mall in Targu Jiu this Thursday

Real estate investment fund New Europe Property Investments (NEPI) will open this Thursday a shopping center in Targu Jiu, southern Romania, following a EUR 30 million investment, according to Mediafax.

Tagor to deliver first phase of EUR 57.6 mln Pipera residential project this December

Israeli real estate developer Tagor will deliver this December 76 apartments part of a new residential project it has begun building in Pipera, northern Bucharest.

Imotrust Arad could acquire the 2.6 ha plot of Polsib publishing house in Sibiu

The shareholders of Polsib Sibiu publishing house will gather in November in order to decide over three options of the fusion of the company, one of the proposals being the absorption of the publishing house by the real estate developer Imotrust.

Skanska to complete in the end of the month the first building within Green Court, where 1,500 Orange employees will work

Real estate developer Skanska will complete in the end of this month the works for the first building of the office project Green Court Bucharest in northern Bucharest, a building where more than 1,500 employees of the mobile phone operator Orange will be relocated on eight of the 12 floors.

European funds for new subway section in Bucharest

The Bucharest Subway continues to expand and modernize, including through the purchase of high-performance rolling stock. In the upcoming period the European Union will earmark EUR 116 M for the expansion of Mainline 4 through the construction of the Park Bazilescu – Lake Straulesti section, with the construction works scheduled to be completed in 2016.

Kingfisher reopens six former Bricostore units under Brico Depot brand on Friday

British DIY retailer Kingfisher has finished remodeling six more former Bricostore units, which it will reopen Friday as Brico Depot stores.

Romania FDI up 27.3 percent to EUR 1.42 bln in January-August

Romanian foreign direct investment, or FDI, rose 27.3 percent to EUR1.42 billion in the first eight months of the year compared to the same period last year, the central bank announced on Tuesday.

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