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Articles - real estate investments

New business district in Bucharest

Bucharest City Hall intends to develop a “justice district”, a concert hall and administrative spaces.

Gheorghe Iaciu bought Moldova Mall in Iaşi and plans partial office reconversion

The businessman Gheorghe Iaciu, who has strongly invested in stock in latest years, taking over important shares in SIF Muntenia and in real estate developer Impact, also has bought early this year the commercial centre Moldova Mall in Iaşi with the intention to reconvert half of the project to office spaces.

Neocity, following City Park Constanta sale: We are looking for lands for residential projects in Bucharest

The residential segment has a large potential on the background of “First House” program, and the company Neocity Group is currently looking for lands suitable for residential developments in Bucharest, said Nimrod Ben-Ami, CEO Neocity Group Romania.

The `Canary Wharf` of Bucharest, the zone where the investors are pumping one billion Euros

The former industrial platforms in the area Barbu Văcărescu – Pipera in Norhter Bucharest have been sold for years to the real estate developers, and their investments have radically changed the image of a region the real estate consultants believe to have potential to become Bucharest’s “Canary Wharf”.

Eminescu 220 looking for new investor

Eminescu 220, an unfinished luxury residential project in Bucharest, is looking for a new investor.

PwC: Real Estate set to rise this year in Romania especially on the office segment

Real estate transactions in Romania will grow slightly in volume this year, especially on the office space segment, while Dublin, London and the main cities in Germany are the most attractive markets to investors, according to a PwC report released Thursday.

EY: Romanian real estate to become attractive for investment funds in the next 18 months

The confidence of the investors in the real estate market recovered in most of the European countries, including those severely affected by the financial crises, such as Spain and the Netherlands, according to a research of the consultancy company EY, whose analysts consider the positive feeling could also affect the local market.

Impact asks for 80 million lei from shareholders to finance projects

The Administration council of Impact Developer & Contractor (IMP) is proposing its shareholders a capital increase of 80 million lei, to 277.8 million lei, through cash contribution, in order to finance the real estate developer’s projects.

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