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Tagor sold more than a half of the first phase of Adora Urban Village in more than a year since the project completion

More than half of the apartments in the first phase of Adora Urban Village project were sold in more than a year since the completion of the project.

Trust index for Romania’s economy declines in September

Trust in Romania’s economy dropped in September, reflecting the negative perception for the economy in the Euro zone and in the European Union.

Ioannis Papalekas found the first tenant for Globalworth Campus, the company’s largest project

Real estate investment fund Globalworth, founded by the businessman Ioannis Papalekas, found the first tenant for Globalworth Campus, the largest office project to be built in its portfolio.

Czech group to buy the largest logistic park near Bucharest, Europolis Logistic Park

Czech company PointPark Properties, which is controlled by investment funds TPG and Ivanhoe Cambridge, is currently negotiating the acquisition of Europolis Logistic Park, the largest logistic development near Bucharest, according to Ziarul Financiar.

Colliers: New entries on the market will stimulate the office request in the next year

The first half of the year registered a revival of the tenants’ interest for new office spaces, and the new entries on the market are bringing even more optimism on this real estate segment, according to a study of Colliers International Romania.

EY study 'Romanian entrepreneurs' Access to Funding'

Over half of the companies in Romania have received funding over the past year, but bank credit, although it remains the most important source of funding, has decreased below 50% of the companies' preferences, whilst the share of funding from European funds has nearly doubled to 26%, shows the EY study 'Romanian entrepreneurs' Access to Funding.'

Policolor reaches agreement to sell industrial platform in SE Bucharest

Policolor, one of the largest players on the Romanian paints and lacquers market, announced on Thursday it initiated procedures to sell the terrain on Theodor Pallady, nr 51, in the south-western part of the Capital, where it currently operates its industrial platform.

EU Funds Ministry doubled its leased area in Tower Centre

The Ministry of European Funds nearly doubled the surface it’s currently renting in Tower Centre International, the office building owned by Ioannis Papalekas. The ministry rented nearly 3,900 square meters last year for EUR 1 million per year.

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