Land - Business Review


Bucharest’s mayor: 7-ha of Herastrau Park must return to the City Hall

Land February 13, 2015 13:52 0 comments

Bucharest's mayor Sorin Oprescu said on Thursday that seven ha of Herastrau Park must return under the municipality’s ownership, Agerpres reports. “On Tuesday, the Bucharest Court of Appeal will decide whether Bucharest residents get back…more »

Dedeman buys plot of land in Hunedoara for EUR 1.2 mln

Land December 02, 2014 16:36 0 comments

Real estate developer Plaza Centers has sold a 41,000 sqm plot of land in Hunedoara, center-west Romania, for EUR 1.2 million to local DIY retailer Dedeman, according to Mediafax newswire. The selling price is only…more »

Dedeman buys plot from Rosal Group for EUR 5.9 million

Land October 28, 2014 17:51 0 comments

DIY retailer Dedeman bought a 3 hectares plot from Rosal Group for EUR 5.9 million, Mediafax reports. The land is located in the third district of Bucharest. It covers a surface of 29,700 sqm, where…more »

BCR successfully bids EUR 50 mln for Silver Mountain project

Land May 26, 2014 15:51 0 comments

The real estate project Silver Mountain based in Poiana Brasov along with a piece of land near Snagov lake were acquired by BCR for around EUR 52 million in a tender organized on May 23…more »

2014, the year of the developers’ comeback, says Colliers International Romania

Land March 24, 2014 17:00 0 comments

The Romanian land market is steadily growing in activity, fueled on one hand by the development of new large scale projects and ‘potentially last minute discounted land plots available’, on the other hand, according to…more »

JLL Romania: A new real estate cycle is beginning

Land March 24, 2014 14:35 0 comments

After Romania experienced the end of a 10-year real estate cycle last year, a new one is about to start, thinks Attila Peli, the head of  development & land at JLL Romania. “It is very…more »

Bloomberg: Harvard selling Romanian forest land amid agent bribery case

Land February 14, 2014 09:06 0 comments

Harvard University is selling forest land in Romania amid revelations that an agent it hired to help make the investment was arrested for taking bribes, writes Bloomberg. Scolopax, a company controlled by the university, has…more »

Farmland market liberalization kicks in with no restrictions for foreigners

Land January 20, 2014 16:38 0 comments BR Exclusive

Average farmland prices have almost tripled in Romania since 2007, and not only is the rise showing no signs of abating, but it hasn’t sated investors’ appetite either. The January 1 liberalization will further boost…more »

Dedeman to build store in Galati on plot of land bought from GTC

Land January 22, 2013 13:55 0 comments

Romanian DIY retailer Dedeman has purchased a 3.2 ha plot of land in Galati from real estate developer GTC, according to The Advisers/ Knight Frank, the real estate advisory which acted as intermediary. GTC was…more »

Brownfield developments still waiting for green light

Country Investment Reviews April 23, 2012 09:41 1 comment BR Exclusive

Legal uncertainties and costly clean-up procedures have so far prevented a boom in brownfield redevelopments in Romania by discouraging investors, who continue to prefer greenfield projects. However, the situation could well change in the not…more »