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Articles - real estate developments

AFI Europe’s Retail Assets Market Value in Romania

The two malls in Romania of the Israeli developer AFI Europe, situated in Bucharest and Ploiesti reached a total market value of EUR 433 million.

Adama to Develop New Residential Building in Iasi, with EUR 1.7 Million

Real estate developer Adama, fully owned by Immofinanz Group, started the construction works for the last development phase of the residential complex Copou Bellevue in Iasi.

Romanian Businessman Invests EUR 35 mln in Eco-residential Complex near Bucharest

The first stage of the Casa Vlasia residential complex developed by Romanian businessman Valentin Bitoiu was opened this week.

The Way Developers Capitalize the Hundreds Millions Euros Invested in Former Communist Factories Plots

Real estate developers paid hundreds million Euros for the plots of the former factories in Bucharest and in the country.

New Development Speed Record: First Mall in Galaţi, to Open in 6 Months since Beginning of Works

South-Africa’s group NEPI, which has bought last year in Galati a plot of 12.7 ha, started in May the construction works for Galaţi Shopping City, with a rentable area of 27,000 sq. m and after only 6 months will open the commercial centre with retailers such as Carrefour, New Yorker, Altex, Intersport or KFC.

Vista Development Enters Luxury Segment with Residential Complex in Voluntari

Following the launching of the complex Vista Rezidential Concept in Bucharest’s district Berceni, Vista Development enters the luxury segment with an exclusive project developed in Voluntari, involving an investment of EUR 2.5 million.

Cora Looks For Association to Develop Commercial Centre in Braşov

Belgian retailer Cora, part of the group Louis Delhaize, intends to sign a partnership with a commercial centres developer to ensure the construction of a mall in Braşov, on the plot the hypermarkets network owns in the centre of the city.

Immochan Started the Construction of Coresi Braşov Commercial Centre

Immochan, the real estate division of the Auchan group, started in Brasov the construction of the commercial centre Coresi, to include 130 stores, 6,000 sq. m entertainment area and the biggest Auchan hypermarket in Transylvania, with an investment of EUR 60 million.

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