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Articles - real estate investments

Spanish developer builds nine apartment blocks in Bucharest

Spanish real estate developer Gran Via will build nine apartment blocks with over 1,100 homes near the Plaza Romania shopping center in western Bucharest.

Big city ‘satellites’ top residential development, says DTZ Research

Four localities (Selimbar, Floresti, Giroc and Miroslava) and three cities in Ilfov (Popesti Leordeni, Otopeni and Bragadiru) are in the top 15 deliveries of new homes in 2014, surpassing large cities such as Iasi, Ploiesti, Galati or Sibiu, according to a study by DTZ Research.

EUR 5 mln residential project to be delivered in August 2016 in Cluj

A EUR 5 million residential project called Contemporano will be developed in the semi-central area of Cluj-Napoca, Coldwell Banker announced. The project is developed by EBS Real Estate Investment in partnership with local construction company Coratim Group and will be completed in August 2016.

First phase of Timpuri Noi Square to finish in 2017

Real estate developer Vastint announced the first phase of Timpuri Noi Square, a mixed-use project, is programmed to be finished at the beginning of 2017.

Bucharest’s future justice headquarters to cover 150,000 sqm

The justice headquarters in Bucharest, which will be developed in the Unirii area, will cover almost 150,000 sqm worth of office buildings for courts, higher education institutions, as well as a multifunctional cultural centre, according to a Government draft project.

Biggest mall owner in Romania plans to build mall in small city

South-African real estate developer NEPI plans to build a shopping center in Ramnicu-Valcea, after signing a pre-contract for the purchase of a 12-ha plot in the city. The plot belongs to Belgian real estate developer BelRom.

Turkish investors build residential project on former industrial site in Bucharest

Several Turkish businessmen will invest EUR 48 million in a residential project with 1,300 homes in Bucharest.

DeSilva Properties builds three residential projects in Romania

Real estate developer DeSilva Properties will build three residential projects in Romania with over EUR 20 million.
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