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Articles

TriGranit sells Millennium Gate to International Medical Centers

TriGranit has sold its Millennium Gate scheme in Budapest to Dutch-registered International Medical Centers, which is expected to complete construction of the two towers and fit them out in order to provide healthcare services.

Dedeman reaches 40 units through EUR 12 million investments in Târgu-Jiu

DIY company Dedeman, controlled by the brothers Adrian and Dragoş Pavăl from Bacău, will reach on Friday a network of 40 stores by completing an investment of EUR 12 million in Târgu-Jiu, a city where the competitors from Praktiker opened a store last week.

Middle class is looking for housing in Northern Bucharest

In the residential market in Bucharest, approx. a third of the buyers are from the middle class, with monthly revenues between EUR 1,000 and EUR 3,000, working in sectors such as IT, banks, telecom or sales, according to a study of Coldwell Banker.

Lidl opens new store in Bucharest; network reaches 180 units

German retailer Lidl is opening its 180th supermarket in Romania Thursday, September 18, in capital Bucharest.

Foreign direct investments down at EUR 1.3 bln in Romania

Foreign direct investments totaled EUR 1.3 billion in the first seven months of the year, down 13.8% compared to the same period the previous year, according to data from the central bank BNR.

Leroy Merlin opens store in Craiova, following EUR 13 million investments

Leroy Merlin opened a store at the Electroputere Park shopping center in Craiova today. This is the French DIY retailer’s second location on the Romanian market since opening in 2011.

Israeli developer to exit Romanian real estate market, sells land in Tîrgu Mureş

Real estate developer Plaza Centers, in process of exiting the Romanian market, announced the sale of 31,500 sq. m land in Tîrgu Mureş, where intended to build a commercial centre. The land was sold for EUR 3.5 million.

Anchor Grup plans to resume works on Metropol office project

Real estate developer Anchor Grup, part of Turkish Fiba Holding, is in the process of selecting a contractor and could resume works on the 35,000 sqm Metropol office project in western Bucharest this autumn.

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