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Articles - real estate investments

Real estate developer Maurer Imobiliare is looking for partners in order to expand in Romania

Real estate Maurer Imobi­liare, founded by the businessman Simon Maurer, has appointed the investment the investment adviser Capital Partners to find a strategic partner to sustain the company’s intention to expand in all Romania.

Alpha Bank and Ali Ergun Ergen increased with 40 pct. Timișoara Centrum’s project area, investment to reach EUR 90 million

Alpha Group Investments, a division of Alpha Bank group, and the company TBE Business Solutions, controlled by Ali Ergun Ergen, will invest EUR 90 million in the real estate mixed-use project Timișoara Centrum, with a rentable area of nearly 70,000 sq. m, modifying the initial concept which involved 40 pct less area and EUR 80 million investments.

Skanska Romania acquires land in west-central area of Bucharest

Skanska Romania announced the completion of a transaction for a new plot of land in the west-central area of Bucharest.

Romanian investor builds 100 apartments in Cluj with EUR 5 mln

Local investor Octavian Buzoianu wants to borrow EUR 4.5 million from the state-owned lender CEC Bank to build 100 houses in Cluj-Napoca.

Romanian commercial real estate investment volume up 15 pct. to EUR 900 million

Romanian commercial real estate investment volume has increased with 14.9 pct. to EUR 900 million in the a 12 months period which ended in the second quarter, while in Europe the market is 29 pct. up in the first semester, to EUR 104.9 billion, according to Knight Frank.

Co-founder of Cellini stores invests in a residential building downtown Bucharest

Businessman Marian Mihart, co-founder of the jewellery and watches stores network Cellini, is developing a residential building on Unirii Blvd., near Bucharest Court, on a plot which was put on sale for several years.

Czech developer plans new developments in Bucharest

Czech developer S Group Holding, which completed the Green Gate office project in Bucharest last year, is interested in developing a new office building in the central-west area of the capital and a residential complex with 2,500 – 3,000 apartments in northern Bucharest.

Radu Dimofte brought EUR 1.5 million capital to Wellkept Imobiliare, office and residential developer

Businessman Radu Dimofte increased with 66.6 million lei (EUR 1.5 million) the capital of the company Wellkept Imobiliare, the developer of an office building in Piața Universității, Bucharest.
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