Owner of Bucharest City Mall Borrows EUR 44 mln
06-01-09, 10:04, (Property Xpress) - Australian firm APN Funds Management, owner of the shopping center City Mall in Bucharest, will sign a ...   read more

EUR 180 Residential Project Planned for Romania
06-01-09, 8:38, (Property Xpress) - About EUR 180 mln will be invested in a residential project in Romania in cooperation between Israeli-based ...   read more

ARED to Invest in New Projects in Romania
05-01-09, 12:11, (Property Xpress) - Arad Real Estate Development (ARED), a group with Romanian capital and majority owned by Codlea Arctic ...   read more

Israeli Firm Adds Romania Land to Home Package on Sale
05-01-09, 11:00, (Property Xpress) - An Israeli firm has tasked its Romanian subsidiary to sell a local site it owns as part of a package of assets ...   read more

15,000 sq. m Retail Center under Development in Giurgiu, Romania
30-12-08, 13:11, (Property Xpress) - The first retail center of mall type in Giurgiu, Romania, is expected to become operational in September, next ...   read more

Former Rulmentul Brasov Plant Sold to Resort Tampa in Romania
22-12-08, 13:02, (Property Xpress) - The former factory Rulmentul Brasov, that went into bankruptcy in October last year, has been sold after the ...   read more

Fabian Romania Accepts Cash Offer of BSGP
19-12-08, 15:15, (Property Xpress) - The board of Black Sea Global Properties Limited (BSGP) and Fabian Romania said in a joint statement they have ...   read more

Management Contract Signed for Five Star Hotel in Romania
19-12-08, 12:40, (Property Xpress) - A management agreement has been signed for a five star hotel, scheduled to open by 2012 in the Romanian city ...   read more

Immoeast Abandons EUR 2.4 bln Projects in Romania
19-12-08, 10:21, (Property Xpress) - One of the most active investors on the Romanian market in the last two years, Austrian investment fund ...   read more

Buzoianu Brothers Delay EUR 35 mln Project in Romania
19-12-08, 9:54, (Property Xpress) - Businessmen Octavian and Calin Buzoianu, owners of the only five-star hotel in the Romanian city of ...   read more

Folli Follie Aims Crisis Adaptation by Investment Reduce in 2009
18-12-08, 15:14, (Property Xpress) - Folli Follie Group, a Greek-based jewellery retailer, will keep its investment budget at the 2007level, ...   read more

Nokia to Purchase 90 ha Site in Jucu, Romania
18-12-08, 13:05, (Property Xpress) - SC Tetarom SA, 90 pct held by the Cluj County Council, will sell the 90 ha site to Nokia Romania in the ...   read more

Avrig 35 Opens Third Phase of Shopping Center in Romania
17-12-08, 11:31, (Property Xpress) - Avrig 35 has recently opened the third phase of the 7,000 sq. m Galeria Iris Shopping Center. The next phase ...   read more

Sonae Sierra in Talks on Property Acquisitions in Romania
17-12-08, 9:37, (Property Xpress) - Portuguese developer and shopping mall operator Sonae Sierra, owner of River Plaza Mall in Ramnicu Valcea, ...   read more

Mobexpert and Anturia Extend Networks in Romania
16-12-08, 12:48, (Property Xpress) - Romanian furniture producer and retailer Mobexpert Group has opened its first outlet store, inside Fashion ...   read more

Kardan Adopts Merger with GTC
16-12-08, 11:47, (Property Xpress) - The extraordinary general meeting of Dutch Kardan N.V. shareholders on December 11, approved the proposal to ...   read more

DIY Operators Ready to Complete EUR 250 mln Investments in Romania
16-12-08, 10:00, (Property Xpress) - International DIY store chains in Romania, have announced their intention to complete cumulated expansion ...   read more

Conarg Postpones Residential Projects in Romania
16-12-08, 8:59, (Property Xpress) - Conarg Real Estate will postpone development of residential ensembles like ‘Sunset Residences’, ‘Sigma ...   read more

RSK to Develop EUR 68 mln Residential Project in Romania
12-12-08, 15:42, (Property Xpress) - RSK Group, controlled by Israeli firms, started its first Romanian residential project in Brasov in the autumn ...   read more

New Shopping Scheme Extension Completed in Bucharest
12-12-08, 11:49, (Property Xpress) - One of Central and Eastern Europe’s leading real estate companies focused on shopping center investment, ...   read more

Public Discussion on 16-story Office Project in Bucharest
12-12-08, 10:19, (Property Xpress) - On December 16, Bucharest General Council will put up the zonal urban plan for public debate, over a plot on ...   read more

Banca Transilvania Opens New Headquarters in Baneasa, Romania
11-12-08, 13:05, (Property Xpress) - ‘Banca Transilvania’ has invested more than EUR 10 mln for construction, power equipment and arrangement ...   read more

Leisure Retailers to Continue Penetrating Romanian Market
11-12-08, 11:39, (Property Xpress) - Atlantic Restaurant, the Burger King franchisee for Romania, opened the fifth restaurant of the chain in ...   read more

Design Company to Spend EUR 15 mln for New Headquarters in Romania
11-12-08, 10:31, (Property Xpress) - A Romanian company, specializing in architectural and design services, will invest more than EUR 15 mln for ...   read more

BCR Allocates EUR 90 mln for Resort Hotel Project in Romania
11-12-08, 8:52, (Property Xpress) - BCR Romania will allocate around EUR 90 to a local developer to implement the first phase of a EUR 350 mln ...   read more