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AFI Europe delivers third building of AFI Park in Bucharest

Real estate investment and development company AFI Europe has completed the third building of its AFI Park office project in Bucharest, the company announced on Tuesday.

Construction work volume down by 9.5% in Romania

The volume of construction work decreased by 9.5% in the first 11 months of 2014 year-on-year, according to data of the National Institute of Statistics (INS).

Top of most attractive office projects in 2014, the buildings which attracted companies with 15,000 employees

Ten office projects in Bucharest, completed or in development, have attracted last year 50 new tenants which rented total spaces of 138,400 sq. m.

Real estate developers looking for EUR 250 million to continue projects

A series of real estate developers will be looking to attract this year bank financing of approx. EUR 250 million in order to continue the mall and office projects, the most important funds being necessary for the construction of the ParkLake Plaza mall in Titan and of the office tower Bucharest One in Calea Floreasca, according to ZF analysis.

Continental completed EUR 6.5 million building for its R&D centre in Sibiu

Continental Automotive Romania, the electronic parts manufacturing division of Continental, completed an investment of EUR 6.5 million in a new building on two floors within the research and development centre from Sibiu.

Bucharest and Constanta apartments post highest price drop in last six years

Apartments in capital Bucharest, as well as in Constanta and Ramnicu Valcea in Romania registered the largest price decreases in the past six years, of over 40%, according to data from imobiliare.ro, cited by local Mediafax.

Discreet investor to develop five floors office building near Charles de Gaulle Square

The new office building will be developed on a plot of land of nearly 1,500 sq. m, situated on the boulevard connecting Arcul de Triumf to Charles de Gaulle Square in Bucharest.

Andreea Păun, Colliers: Office request is double compared to the level of deliveries

The office stock in Bucharest will increase this year, same as in 2014, with approx. 100,000 sq. m, while the request level is double, has declared to ZF Live Andreea Păun, associate director in the office department of the real estate consultant Colliers.

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