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Articles - real estate investments

Office building Sky Tower in Bucharest gets EUR 10 million from shareholder for new investments

The company SkyTower Building, the administrator of the highest office building in Bucharest, has received a capital increase of nearly EUR 10 million from Sky Tower Ingatlan, registered in Budapest.

Secure Property Development & Investment continues real estate investments in Romania

Investment fund Secure Property Development & Investment intends to continue this year the investments in properties with revenues growth potential, after the real estate assets managed by the company mostly in Romania reached EUR 126 million value.

Local businessman gets EUR 9 million loan for real estate project in Cluj-Napoca

Family of Romanian businessman Vasile Pușcaș gets a loan up to EUR 9 million from Libra Bank, in order to finance the construction of a residential project in Cluj-Napoca. The project is developed on a part of the former Ursus beer factory platform, demolished in 2012 by SABMiller group.

Real estate transactions registered EUR 800 million last year, below the level of 2014

Romania attracted in 2015 real estate transactions with a total value of nearly EUR 800 million, down compared to 2014, when EUR 1.15 billion real estate projects were transacted, including offices, retail, and industrial properties.

Nusco to develop luxury residential project downtown Bucharest

Italian Nusco group, with businesses in real estate and in doors and windows industry, is developing a luxury residential compound downtown Bucharest, named Premio Exclusive City Center, representing the company’s second residential development, as the developer was mainly involved in the office segment.

Dedeman interested to buy a land in Bucharest from Industria Iutei

Construction retailer Dedeman, owned by Adrian and Dragoș Pavăl brothers, is interested to buy a 2.7 ha land in the area Trafic Greu in Bucharest from the manufacturer of woven flax and hemp Bucharest for a price of EUR 230 / sq. m, totalling more than EUR 6 million.

Immochan launches residential phase of Coresi Brasov

Immochan continues the third phase of its Brasov project, Coresi, a residential area with a potential for 3,000 apartments, spanning 46 hectares, company representatives inform.

Romanian real estate market sees positive development in 2015, says DTZ Echinox

Office, retail and industrial property projects all saw ascending trends during 2015, while yields compressed across the whole market, with logistic spaces seeing the best evolution, according to a study by DTZ Echinox.

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