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Bucharest’s Mega Mall to open on April 23

The EUR 165 million shopping mall developed by New Europe Property Investments (NEPI) in Bucharest will officially open on April 23, the company has announced.

Office vacancy rate, lowest level in the last six years

The office request has significantly increased in 2014, having as result the lowest level in the last six years for the vacancy rate, according to DTZ Echinox.

Carrefour pays EUR 68 mln dividends in Romania

French retailer Carrefour paid dividends worth EUR 68 million last year in Romania.

Unemployment rate was 6.4 percent in December 2014

The seasonally adjusted unemployment rate was 6.4 percent in December 2014, down 0.1 percent from November and down 0.6 percent year-on-year, according to data released on Friday by the National Institute of Statistics (INS).

Dedeman to pay EUR 7 million to Prigoana for a plot Patelimon

DIY retailer Dedeman, owned by Paval brothers, will buy a land of 5 ha in Pantelimon from Rosal Grup, owned by Honorius Prigoana, one of the sons of Silviu Prigoana.

Euro area annual inflation down to -0.6 pct in January, says Eurostat

Euro area consumer prices are expected to be 0.6 percent lower this January compared to a year earlier, thus further fueling deflation fears, data from Eurostat, the statistical office of the European Union, showed on Friday. The annual inflation stood at -0.2 percent in December.

Belgian real estate developer resumes investments in Romania

Belgian real estate developer Liebrecht & wooD, which owns the outlet center Fashion House in Bucharest, will re-start investments on the Romanian market.

Costel Căşuneanu’s sons took EUR 3,700/sq. m for a plot in Unirii

On the plot of land sold by the family, an office tower with 17 floors is scheduled for construction.

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