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Futureal’s Cordia to develop 400-unit residential project in Bucharest

News July 10, 2017 12:13 0 comments

Cordia, part of Futureal group, plans to develop a residential project with 400 units in Bucharest, near Romexpo Exhibition Center. The developer has acquired 15,336 square meters of land in this area from Alpha Bank,…more »

Finance Ministry allocates RON 500 mln for Prima Casa program

Finance June 16, 2017 08:30 0 comments

The Public Finance Ministry allocates another RON 500 million for guarantees under the state-backed for Prima Casa program, at the request of the National Guarantee Fund of Loans for SMEs. The fresh guarantees were allotted…more »

M&A alert. Argo Group sells Shopping City Sibiu to NEPI for EUR 100 mln

Commercial June 28, 2016 14:30 0 comments

Investment company Argo Group has sold retail park Shopping City Sibiu to NEPI for EUR 100 million. JLL, the real estate consultancy which worked with the seller, dubbed this as the biggest deal to date…more »

Matei Malos (Directimo.ro): Real estate market is moving from intermediation to representation

Online June 24, 2016 16:02 0 comments

Matei Malos, co-founder of directimo.ro, the real estate portal launched this week, says that this online project aims to make it easier for people to buy property in Romania. The offering of the platform is…more »

Liebrecht & wooD Sorin Ioan Blaga

Liebrecht & wooD to start work on Frumusani residential project next spring

Residential April 12, 2016 16:22 0 comments

Belgian developer Liebrecht & wooD plans to start next spring building the first houses part of its EUR 300 million residential project in Frumusani, some 30 km from Bucharest, Sorin Ioan Blaga, the general manager…more »