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REAL ESTATE

Mindspace opens new coworking space in Piața Victoriei, in the Bucharest Tower Center building

Mindspace European boutique workspace provider opens its second venue in Romania at the Piața Victoriei area, on 15-17 Ion Mihalache Boulevard, in Bucharest Tower Center. The space is conveniently located next to Victoriei Square Metro Station. Spanning approximately 2,000 sqm. ...

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CBRE takes over the operations of NEPI Rockcastle’s office portfolio in Bucharest

CBRE real estate consultancy company was mandated with the property management of NEPI Rockcastle’s office portfolio in Bucharest, consisting of three buildings: Floreasca Business Park, The Lakeview, and Aviatorilor 8 (former Victoriei Office). The total surface of these projects is ...

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New real estate market milestone to be reached, Dunwell says

Industrial sector is about to exceed 4 mln. sqm of A-class warehousing space. New developments in Craiova, Constanta or Iasi. The Industrial sector could reach out up to 750,000 sqm of logistic projects by the end of this year, leading ...

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BCR puts up its old head office for sale

The Romanian Commercial Bank (BCR) is putting up for sale its old head office, the one located in the Universitate Square in Bucharest. The building, built in 1906, currently considered a historical monument, used to serve as the BCR’s headquarters ...

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The modern retail stock in Bucharest is higher than in Transylvania and twice higher than in Moldova

The modern retail stock in Bucharest remained stable in 2018, at 1.2 million square meters, a level which is 7% higher than in the Central-West region of the country (16 counties in Transylvania and Banat areas), which reached 1.18 million ...

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Neogen invests EUR 500,000 in real estate classifieds platform

Neogen, owned by local entrepreneur Calin Fusu, and which has BestJobs, Vivre or Zumzi in its portfolio, is investing EUR 500,000 in setting up a real estate classifieds platform, Casta.ro, which aims at replacing the percentage commission out of the ...

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The local real estate market, in the sight of Asian investors

Major Asian investors, like groups from China and South Korea, have set eyes on the local real estate market, exploring the potential to invest directly in the primary commercial markets. It is feasible that the first transaction could occur by the ...

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AFI Europe’s parent-company, AIP, acquired by two Israeli real estate investors

Africa Israel Investments, international holding and investments company based in Israel, sold the controlling stake in Africa Israel Properties (AIP), the parent-company of AFI Europe. AFI Europe is present on the local market through AFI Europe Romania, one of the ...

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Romanian investors on the local real estate market in 2018: Record investments of nearly EUR 200 million

2018 ended with a significant premiere on the local real estate market: Romanian investors ranked second in the generated volumes top, by nationality. Almost EUR 200 million were paid to buy commercial properties (about a quarter of the total volume), ...

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