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Articles - real estate developments

Industrial Market: the Effects of the Real Estate Spec Disappearance

The players on the industrial real estate market applied this year a safety policy, and the number of the speculative constructions was insignificant.

Tetapolis Scientific and Technological Park received the operating permit

The president of the Local Council Cluj, Horea Uioreanu, received the operating permit for the scientific and technological park “Tetapolis”, a press release shows.

Diaconu, Delta ACM 93: We’ve started giving ourselves Work

Businessman Florea Diaconu, who controls the Bucharest based construction company Delta ACM 93, with EUR 113 million turnovers last year, said he decided to involve in a residential project of EUR 40 million in southern Bucharest, on the background of construction works diminish on local market.

Skanska Breaks Ground on its First Krakow Office Building

Skanska Property Poland recently broke ground on its 42 Kapelanka office project in Kraków.

Last Mall to Open in Romania by the End of 2013

South-Africa’s investment fund NEPI will open next month the mall in Galaţi. This is the last project announced to be opened this year.

EUR 3 Million Investment in Botosani Shopping Center’s Extension

Belrom intends to extend in the following period the commercial centre Botosani Shopping Center with additional 5,000 sq. m and 500 parking places, the company’s representatives announced.

Tagor Develops another 200 Residential Units, although only 12 Units Sold in its First Project

Israeli developer Tagor, present on the Romanian market and supported by the British investment fund Patron Capital, will start in two weeks the construction works for two new residential projects.

Mrad Family to Invest EUR 20-25 Million in Residential Project near Orhideea Commercial Centre in Bucharest

Morad Group, controlled by the Mrad family, started this year the construction of a residential project including 456 apartments in the proximity of Orhideea Commercial Centre, a total investment of EUR 20-25 million, have declared Wall-Street.ro the company’s officials.

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