Property - Business Review


Bucharest office supply

JLL: EUR 12.56 bln put into CEE-based property in 2016; Romania – EUR 890 mln

Featured January 18, 2017 15:56 0 comments

The property investments in Central and Eastern Europe amounted to EUR 12.56 billion in 2016, representing a 42 percent increase compared with 2015 and the third highest CEE regional investment volume since 2007, when they…more »

afi palace

AFI Europe Romania leases 5,200 sqm in AFI Cotroceni to Peek&Cloppenburg

Commercial January 17, 2017 16:00 0 comments

AFI Europe has announced the signing of the most recent lease agreement with Peek& Cloppenburg, which will open a new location in AFI Cotroceni shopping mall in Bucharest. The store will be opened this autumn…more »

residential construction

Romania’s constructions works volume falls 13.3 pct in November, says INS

Constructions January 13, 2017 10:57 0 comments

The constructions works volume dropped by 13.3 pct in November 2016, compared with the same period of 2015 and as adjusted series according to the number of working days and seasons, it dropped by 9.9…more »

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Romanian industry production up by 5.3 pct in November 2016

Industrial January 12, 2017 13:00 0 comments

Romania's industrial production went up by 5.3 percent in November 2016 compared with the same month of 2015, an increase supported by the key-sector of manufacturing, shows the most recent data of the National Institute…more »

Marcel Barbut Adeplast

AdePlast turnover up 13 pct to RON 346 mln in 2016

Constructions January 12, 2017 07:30 0 comments

AdePlast, the Romanian constructions materials makers, registered a turnover growth of 13 percent to RON 346 million in 2016 compared to the previous year. „At the end of the last year we announced a growth…more »


Mulberry Development to start first development phase of ISHO project in Timisoara

Offices January 11, 2017 15:18 0 comments

Mulberry Development is to start the first development phase of the ISHo project in Timisoara's Take Ionescu area. The developer received the first building permissions and will soon start building the largest real estate project…more »


Commissioner Cretu approves the continuation of 11 infrastructure projects in Romania backed by EUR 500 mln

Constructions January 11, 2017 14:25 0 comments

The European commissioner for regional policy, Corina Cretu, approved the continuation of 11 projects from several Romanian regions, with financing of over EUR 500 million from the European Union. The projects are part of a…more »

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APS Holding becomes creditor of Armonia shopping center in Braila

Business January 09, 2017 13:55 0 comments

APS Holding, together with other international investors, has become creditor of the commercial center "Armonia” from Braila, after taking over a package of non-performing loans (NPLs) from a bank, following negotiations concluded at the end…more »


Teraplast Bistrita opens subsidiary in Serbia to boost exports

Constructions January 06, 2017 15:00 0 comments

Teraplast Bistrita, the producer of materials for installations and constructions, has opened a subsidiary in Serbia, in a move designed to increase the value of exports in this country. Th Administration Council approved the setting…more »

"mariana stamate jll"

JLL named property manager of Swan Office & Technology Park

Offices January 06, 2017 14:38 0 comments

Real estate consultancy firm JLL will be the property and asset manager of Swan Office & Technology Park, the insolvent office project that was acquired last year by Smartown Investments for EUR 30.3 million from…more »