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Articles

Approx. 28,500 sq. m Industrial Spaces Rented in 3Q in Romania

Approx. 28,500 sq. m industrial spaces were rented in 3Q 2013 in Romania according to a research conducted by Jones Lang LaSalle, AGERPRES informs.

Real Estate Transactions, Increasing in Romania

The number of the real estate transactions has increased with more than 87,000 in the first nine months of the year compared to the similar period of 2012, reaching 598,734.

New Business Center in Craiova, 5 Million lei Investment

A new business centre with more than 1,000 sq. m usable area and office area for ten companies will be built in Craiova, the mayor Lia Olguta Vasilescu has announced.

Special Property Tax – 1.5% of the Construction Value

The special properties tax will be 1.5 % of the construction value, to be calculated, for the roads infrastructure, depending on the sidewalks and road signs, also being applied on gutters and pillars for telecommunication antennas.

Record Lease Transactions on the Office Market in 3Q

Bucharest’s total office area subject to rental transactions in the third quarter reached over 84,500 sq. m, the highest level registered in the last two years, according to CBRE report.

Parklake Mall to Begin Construction in Bucharest’s Titan District

The construction of the commercial centre Parklake Plaza in Titan district of Bucharest, postponed for years, will start in December this year, with an estimated investment of EUR 180 million.

Atrium Center Arad, Took Over by a Company Owned by Hungarian Businessman Sandor Demjan

Demján Group, owned by the Hungarian businessman Sandor Demjan, took over the commercial centre Atrium Center din Arad, which will be managed by one of the companies of the Hungarian group, TriGranit Management Corporation.

World Trade Center complex in Bucharest Registered 3 pct. Revenues Growth

World Trade Center (WTC) in Bucharest, in insolvency since 2011, ended the first nine months of this year with revenues of EUR 6.43 million, 3% increase compared to the similar period of last year, according to the company’s officials.

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