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Articles - real estate developments

Adamescu to add cinema and skate-rink to Brasov mall with BCR loan

Unirea Shopping Center Bucureşti (SCDM), controlled by Adamescu family has mortgaged a plot of land in Braşov to BCR, where intends to expand the mall. The investment in doubling the mall’s capacity will be EUR 50 million, according to Carmen Adamescu.

Ion Sturza Completed First Phase of Liberty Technology Park Cluj

Ion Sturza, former prime minister of the Republic of Moldova and former partner of Dinu Patriciu in Rompetrol, inaugurated yesterday the first two buildings of the project Liberty Technology Park Cluj, a total investment of EUR 25 million.

Kaufland Opens New Store in Bucharest

German retailer Kaufland, the biggest food retailer in Romania has opened this week in Pantelimon district, the network’s sixth store in Bucharest.

How Much Money the Biggest Real Estate Projects Owners are making in Bucharest

The office buildings and commercial centres owners in the main Bucharest areas such as Piaţa Victoriei, Băneasa, Dimitrie Pompeiu or Militari, are annually cashing out from rents more than EUR 340 million.

IGD: We are not aiming new projects in Romania

Italian company Immobiliare Grande Distribuzione (IGD), the owner of the Winmarkt commercial centres network, will focus on the improvement of its current portfolio on the local market, aiming to attract new tenants and prepare for the moment when the investment market will recover.

Skanska makes first Romanian Investment

ROMANIA Skanska has made its debut on the Romanian market with the purchase of a 15,000 sqm plot on Strada Gara Herăstrău in Bucharest.

K29 construction started in Lithuania

The construction of the 14,250 sqm K29 business centre in Vilnius, Lithuania has been officially started.

Con-A to Build New Kaufland Store on EUR 5.7 Million Plot

The publishing house Polsib in Sibiu (Pols) sells for EUR 5.73 million excluding of VAT a plot of land of nearly 30,000 sq. m in the city to the construction company Con-A, where a Kaufland hypermarket and retail park will be built.

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