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Articles

Sebastian Mahu, new centre manager of Promenada mall

South-African investment fund NEPI (New Europe Property Investments), one of the largest real estate investors on the local market, the owner of Promenada mall, appointed Sebastian Mahu as centre manager.

Jobless rate reaches 5.51% in Romania

Romania’s unemployment rate reached 5.51% at the end of February, up 0.05% over January. The rate decreased by 0.33% year-on-year.

Most important aspects for companies when choosing their office space

The main elements which determine the signing of contract for an office spaces in Romania are the budget and the building’s location, which should also offer a large palette of connected services, according to the real estate consultant RE/MAX.

Romania, second highest construction work increase in EU

Romania registered the largest decline among EU countries in construction work in January compared to the previous month, but it rose by 12.8% year-on-year, according to EU’s statistical office Eurostat.

Almost 300 residential projects for sale in Northern Bucharest

The northern central area of Bucharest has 291 residential compounds available for sale. These are completed or ready to be delivered.

City Park Mall Constanta to be extended by December 2015

South-African investment fund NEPI (New Europe Property Investments) started working on the extension of City Park Mall Constanta (South-Eastern Romania).

Tagor delievers first phase of Adora Pipera project

The first phase of the residential complex Adora Pipera, an investment financed by the British fund Patron Capital, with assets worth billions of Euros, was completed and handed over to the developer, Tagor, which started the sale process.

Real estate consultants started to recruit again on the background of the market’s revival

Part of the largest real estate consultancy companies, which were affected by the crises in the sector six to seven years ago, started again to enlarge their teams on the background of the market’s revival and of the diversification of the range of services.
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