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EUR 9 mln residential project to be built near Bucharest

Kape Premium Imobiliare – a residential developer active in France and Italy – is investing approximately EUR 9 million in building 100 villas in Frumusani, south-east of Bucharest, according to Premier Estate, the project’s agent.

Secure property successfully completes the EUR 5.85 million acquisition of Danone building in Bucharest

SECURE Property Development & Investment PLC announces that, further to its announcement of 29 August 2014, it has completed the acquisition of the EOS Business Park, a fully let income producing office building in Bucharest, Romania, which is the Romanian headquarters of Danone, the French multinational food company.

Romanian analysts say local shares and real estate are the best bets for 2015

Romanian financial analysts believe shares are the best investment next year, followed by real estate assets, according to a survey during the Chartered Financial Analysts (CFA) Forecast Dinner, quoted by local Wall-street.ro.

Impact invests EUR 14 mln in expanding Greenfield with 252 apartments

Romanian company Impact Developer & Contractor will deliver this December three apartment blocks part of the Greenfield housing project in Baneasa and another six will be completed in February, according to Mediafax newswire. Construction works started five months ago.

Re/Max resumes expansion in Romania, wants to grow to 27 agencies

US based real estate company Re/Max presently runs a network of seven affiliated real estate agencies in Romania but plans to expand the franchise to 12 agencies by the end of this year and 27 by the end of 2015, Razvan Cuc, a local businessman who together with his wife owns the master-franchise for Romania, told a press conference on Wednesday.

Office transactions top in nine months: Renault, Vodafone and Orange signed biggest leases in Bucharest

The office request in Bucharest determined the vacancy drop from 15 pct to 14 pct.

More Romanian companies try to get green building certificates

The number of building for which owners have applied for a green certificate has increased from 2 to 200 in the last five years in Romania, said Steven Borncamp, CEO of Romania Green Building Council (RoGBC), quoted by local wall-street.ro.

Hotel chain owner builds apartments in Bucharest

Hotel owner Mohammad Murad has invested some EUR 4 million in a residential compound in Northern Bucharest, called Green Residence, according to Wall-Street.ro.

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