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Articles - real estate investments

Iaciu intends to grow on the office market in Iaşi, Romania

Gheorghe Iaciu, the entrepreneur controlling the real estate developer Impact Developer & Contractor, intends to expand its presence on the office market in Iaşi, a city which appears to be a new IT centre of Romania. The entrepreneur completed here EUR 15 million investment in the conversion of a commercial centre to an office building, Moldova Center.

German retailer Kaufland opens store at former beer factory in Bucharest

German retailer Kaufland will open a new store in Bucharest, on the site of the former beer factory Grivita.

European CRE investment increases 15 pct on Q2 2014

Investment into the commercial real estate (CRE) market totalled nearly €56 billion in the second quarter of 2015, up 15% on Q2 2014, according to the latest figures from global real estate advisor CBRE.

Beverages distributor invested in office building and service areas in southern Bucharest

The value of the investment in the building of 5,000 sq. m exceeds EUR 3 million.

Anchor Grup to invest EUR 20 million for the completion of Metropol office building in Bucharest

Turkish company Anchor Grup, the developer of the first two malls in Bucharest, decided to resume this year the construction of the office project Anchor Plaza Metropol, situated in Timişoara Blvd. in Bucharest, after more than five years since the construction works blocking.

Immofinanz Group to build 140,000 sqm project

LOG.IQ is an Immofinanz Group project in Mogosoaia, offering a gross leasable area (GLA) of 140,000 square meters, say company representatives.

Anchor: Romania is on an ascending trend. Real estate and retails to evolve positively

Affan Yildirim, new general manager of Anchor Grup, the developer of the first two malls in Bucharest, Bucureşti Mall and Plaza Romania, sees a positive evolution of the real estate sector, as well as of the retail on local plan, a reason for the company started in the last period several investments in Bucharest, estimated at approx. EUR 50 million.

Plaza Centers secures financing for Timisoara Plaza

Plaza Centers secured funding for 65 percent of the development costs for Timisoara Plaza. Construction could start by the end of the year.

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