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Articles

Real estate developers invest EUR 250 million in offices to be completed within a year

Six foreign real estate investors will open within a year offices on 140,000 sqm, with EUR 250 million investments, according to ZF analysis.

Gheorghe Iaciu lent Impact EUR 1.1 million

Gheorghe Iaciu provided the loan for one year period, with 6% yearly interest and could be converted in new shares within a new capital increase that could be decided in a General Assemble scheduled for 16 of September.

Autovit to sell a luxury residential building in Bucharest for EUR 12 million

The company Autovit, the owner of the auto fair Vitan Bârzeşti, is selling by public auction, a luxury residential building near Alba Iulia Square in Bucharest, aiming to obtain at least EUR 12 million in the transaction.

Adamescu doubled the profit for Unirea Shopping Center in H1

Unirea Shopping Center (SCDM), the company that owns the commercial centres with the same name in Bucharest and Brasov ended the first semester with 38.3 million lei turnover, with 7.6% down, and a profit of 3.7 million lei, the double of the result registered in the same period of 2012.

Esop started the collaboration with an architecture company for space-planning projects

Real estate consultant Esop started the collaboration with the architecture company CUB Arhitecture for „space-planning” projects, including the office space evaluation, the work units design, ensuring easy access to documents and equipments and the furniture layout.

Strabag business – 2% decrease, to EUR 137.6 million: Few projects undergoing assignment

Austrian group Strabag, local construction market’s leader considering 2012’s turnover, has ended H1 2013 with incomes of EUR 137.6 million, with 2% decrease compared to the same period of previous year, according to company’s financial report.

Real estate transactions number – 20% increase in seven months

The number of the real estate transactions has increased with almost 20% in the first seven months of this year compared to the same period of 2012, reaching 462,743, has announced the National Agency of Cadastre and Real Estate Publicity (ANCPI).

Romania to take part in the Expo Real Munich property trade fair this October

The German-Romanian Chamber of Industry and Commerce (AHK Romania) will organize Romania’s exhibition stand at the Expo Real Munich property trade fair which will be held between October 7 and 9.

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