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Articles - dezvoltari imobiliare

Immochan considers acquiring three plots for malls in Romania

French real estate developer Immochan ponders acquiring three pieces of land to build new shopping centers on the local market, and the investments could amount to EUR 300 million, reports local Economica.ro.

Residential building permits down by 1.2 pct in 2016, after a 12 pct drop in December

In 2016, the number of building permissions for residential buildings decreased by year-on-year by 1.2 percent up to 38,653, on the background of a drop recorded in Bucharest, in Moldova and Walachia, data published by the National Institute of Statistics (INS) shows.

Study: 2016 – best year for Romanian real estate market since 2008, with 1 million sqm delivered

Deliveries of retail, logistic and office spaces stood at 956,000 square meters this year, up by 88 percent compared to 2015, marking the best year for the Romanian real estate market since 2008, a study by DTZ Echinox shows.

Belgian and Romanian investors develop office and residential project in Northern Bucharest

Local real estate developer Millstone Developments will build a residential project with 200 apartments located near Petrom City, in Northern Bucharest and an office building near the Otopeni Airport. The market value of the two projects is estimated at some EUR 34 million.

Impact signs a contract to build six properties worth EUR 5.24 mln

Impact Developer & Contractor has closed a contract with Devbon SRL on December 16 to build in Bucharest six properties worth EUR 5.24 million, according to a release of the company to Bucharest Stock Exchange (BVB) where the company is listed.

NEPI will start building new mall in Ramnicu Valcea next year

South-African real estate developer NEPI wants to start the construction of a 28,000-sqm commercial center in Ramnicu Valcea next year.

Romanian senators vote tax exemption for real estate developers

Romanian senators approved on November 1 a draft project providing that real estate developers, both companies and individuals, are exempted from paying taxes for projects that are destined for commercial use, reports local Profit.ro.

Developer of Cosmopolis residential complex in Romania invests EUR 2.2 mln in strip mall

Turkish group Opus Land Development, the developer of the residential complex Cosmopolis, will open a strip mall within the project at the end of November. The investment amounts to EUR 2.2 million.
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