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Articles - real estate investments

The Greeks bringing Nike in Romania to invest EUR 5 million in Bucharest downtown building

The company Elmec Romania, which changed its name to FF (Folli Follie) Group Romania in the beginning of this year, will complete early next year the reconstruction of the historical building owned in Universitatii area in Bucharest, intended to be equipped for offices and retail.

EUR 18 million investments in Cosmopolis residential project

Opus Land Development, the developer of Cosmopolis, one of the biggest residential projects in Romania, will complete this year at least 400 new units in the residential complex, the investments scheduled for 2014 reaching EUR 18 million.

S-Immo: We will wait one year or two until a new investment in Romania

Austrian company S Immo, the owner of Sun Plaza mall in Berceni district of Bucharest, will wait one more year or two until making a new investment in Romania, considering the macro-economic situatopn has declared for MEDIAFAX Friedrich Wachernig, a member of S Immo board.

Broadhurst reduced with 40% the price of the plot near AFI Palace Cotroceni

The price of the 4.5 ha land put on sale last year by the investment fund Broadhurst Investments has decreased with almost 40%.

Lidl disburses EUR 14 M for 14 new stores

German retailer Lidl, which formally entered the local market in 2011 by taking over the Plus network, will open 14 new stores this year, with an investment of about EUR 14 M, according to the estimations of zf.ro.

The Most Important Real Estate Events in 2013

The main players on the real estate market in Romania were the investment fund NEPI and the businessman Ioannis Papalekas.

Real estate acquisitions made by NEPI cover more than 60% of the total volume of the transactions

The total value of the real estate transactions reached in 2013 EUR 335 million, with 10% increase compared to last year. The acquisitions made by New Europe Property Investments (NEPI) fund represented more than two thirds of the total value of the transactions, Mediafax informs.

Spectacular Growth of Industrial and Logistic Facilities Transactions

The area of the industrial and logistic facilities transacted in 2013 totalized 150,000-170,000 sq. m, with a spectacular growth compared to the previous year, the production companies being the most active, has declared for Mediafax Marian Orzu, the head of the industrial department within CBRE.

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