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Articles

Raiffeisen’s H-Park opens in Brno

Tenants have started moving into the first phase of H-Park, which is currently under development by Raiffeisen Leasing in Brno. Cushman & Wakefield is in charge of leasing the retail park, located on Heršpická street.

DTZ: The request for industrial plots will increase

Direct foreign investments represented the most important factor in the development of the industrial segment in the last six months according to DTZ Echinox, which estimates an increase of the request for lands for such projects both in Bucharest and countryside.

Tagor started its second local residential project in Arad

Israeli developer Tagor started a month ago the construction works for its second project in Romania.

Cosmopolis’s developer sold 125 apartments in 2013 and is ready to build another 100

Opus Land Development started the construction of another 100 apartments in the residential project Cosmopolis, in Ştefăneştii de Jos, near Bucharest.

Bosch to invest EUR 120 million in Romania this year

German company Bosch will open this year two new production centres in Romania, in Blaj and Cluj Napoca, following a total investment of EUR 120 million, according to a press release of Bosch Romania.

Iasi, the 12th place in a global market top regarding new entered retailers

Iasi occupies the 12th position from 208 cities in a global top realized regarding the new retailers entered on the market last year, made by the real estate consultant CBRE, a performance registered on the background of Palas mall opening, with an area of 55,000 sqm.

Tetarom I industrial park in Cluj extends with EUR 15.7 million investments

Local Council in Cluj has started a European project with a total value of EUR 15.7 million, from which EUR 7 million represents the financial assistance grant for the extension of the industrial Tetarom I with an area of 168,000 sqm, where several warehouses and offices are to be built.

Holcim on loss for the first time after 2000

Cement producer Holcim Romania, the local subsidiary of the Swiss group Holcim, went on loss in 2012 for the first time in over a decade, after having registered a negative result of EUR 8.5 million. The company’s turnover reached last year approx. EUR 213 million, a level similar to previous year.

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