Real estate transactions from Romania in the top for Europe, Middle East and Africa

Romania is present in five real estate transactions in the top of the countries from Europe, Middle East and Africa (EMEA), where the biggest transactions were achieved in the first half of the year, informs Mediafax. The total ... More

GTC Romania pays EUR 11 million for real estate project

Globe Trade Center Romania (GTC) bought 66.7 percent of the GML Pipera, the developer of a real estate project, for EUR 11.1 million. GML Pipera has 55,000 sqm of land in Pipera. The project comprises the developing of 130,000 ... More

MAGNAT Real Estate Opportunities GmbH enters Bulgarian market

MAGNAT Real Estate Opportunities GmbH & Co. KGaA, a real estate company with a focus on real estate development in Eastern European countries, has announced its first investment in Bulgaria. MAGNAT, through a local project ... More

Lar invests in real estate projects

Spanish group Lar will invest in real estate projects in Romania with an estimated selling price of EUR 110 million. The three projects will have 645 buildings and will be located in Bucharest. One of the projects, already ... More

CTP allocates EUR 19 million for logistic park in Bors

CTP Invest plans to invest EUR 19 million in a logistic park located in Bors. The Czech company has already leased two plots from the Bors City Hall with a total surface of seven hectares. The contract will be signed for 25 years ... More

Polish Co. To Build EUR 77 M Mall in Bulgaria

Polish company Globe Trade Center (GTC) will enter the Bulgarian real estate market with the construction of a EUR 77 M mall in the Black Sea port of Varna. The Galeria Varna mall would be built in the Mladost district of the ... More

Olympic Properties signs lease for Palaio Faliro

The Greek company Olympic Properties SA today signed a contract with S.K.Pazaropoulos for the long-term lease of Beach Volley sport facilities in Paleo Faliro. Under the contract, as ANA-MPA reports, Pazaropoulos will pay a total ... More

Liebrecht & WooD to invest EUR 120 M in shopping centre in Bucharest

The Belgian real estate developer Liebrecht & WooD yesterday launched the project of one of the largest shopping centres ever built, in the vicinity of Bucharest, called West Park, with an investment of EUR 120 M. The centre will ... More

EUR 130 M invested by GTC Group

The FeliCity residential development, the second of the Globe Trade Center (GTC) is building in Bucharest, is bringing 1,300 new apartments in the northern part of the Capital City, with an estimated investment of EUR 130 M, ... More

Meinl puts EUR 700 million in nine commercial centers

Real estate company Meinl European Land will invest some EUR 700 million to develop nine commercial centers in Romania. The first project will be developed in Arad with an investment of EUR 70 million. The project will be ... More

Neocity Group invests EUR 160-180 million in real estate project

Neocity group managed by Israeli investors will develop in partnership with another company a real estate project with residential, commercial and entertainment spaces, near Sutghiol lake in Constanta county, with an investment ... More

PPF Investments takes over 28 percent of Continental Hotels shares

Investment fund PPF Investments entered indirectly the hotelier chain Continental shareholders following the signing of a partnership with Continental Hotels owners. PPF Investments took over 28.14 percent of Conti Hotels ... More

Nicolae Ratiu invests EUR 30 million Bucharest property

Businessman Nicolae Ratiu has invested some EUR 30 million to develop near Carol park in Bucharest a residential project which consist of 154 apartments. Also, Ratiu has invested EUR 15 million in commercial center in Turda, ... More

Alpha Bank and Raiffesen grant EUR 40 million for residential project

Alpha Bank Romania and Raiffesen Bank signed an agreement to finance the development of the Ibiza Sol residential project. The total costs are estimated at EUR 57 million, from which the finance from the two banks represents EUR ... More

IDLC to build commercial center in Ploiesti

Israel Land Development Corporation ILDC signed an agreement to take over of 50 percent of a company which owns plots in Ploiesti to develop a commercial center. The acquisition price was of EUR 6.25 million. The targeted plot ... More

ProConfort invests EUR 50 million in mall and office spaces

ProConfort group will invest some EUR 50 million to develop a real estate project which will include a commercial center and office spaces with a total surface of 125,000 sqm in south of the capital. The mall will have a surface ... More

Habitania to invest EUR 100 million in golf ground

Spanish Habitania will invest EUR 100 million in a golf ground with a total surface of 80 hectares, developed in Ocna Sugatag, in Maramures county. The company will also develop a hotel near the golf ground. The works will be ... More

Bulgaria BTL to invest in villa communities near Sofia

Bulgaria Buy to Let, the local property investment company, said will invest an undisclosed amount in two villa communities near Sofia. The company said the single-family homes will be marketed to high-income earners looking ... More

Plaza Centers adds EUR 40 million to initial investment in Timisoara

Israeli company Plaza Centers increased from EUR 60 million to EUR 100 million the value of the investment for the real estate project it develops in Timisoara. The company decided ad residential and office spaces to the ... More

Fabian purchases EUR 4.9 million building

British investment fund Fabian Romania Property purchased the office building Evocenter in the Pipera-Voluntari area for EUR 4.9 million. The investment yield is estimated to 9 percent. Adama Group has already signed a lease ... More