The German company Kromberg & Schubert, a well-known producer of automotive components for more than 110 years, servicing mainly the German premium car manufacturers, has decided to buy the property they leased from Solvency Project...
Dentons’ Global Real Estate team acted for AFI Europe on the €220 million refinancing of AFI Palace Cotroceni located in Bucharest. The negotiations of the transaction, which may be the largest scale financing transaction in...
Wealthy Romanian entrepreneur and former tennis player Ion Tiriac recently sold his 45 percent stake in lender UniCredit Tiriac Bank to the majority owner of the bank, the Italian group UniCredit. This was part of...
The Q1 2014 RICS Global Commercial Property Monitor for Romania confirms the gathering strength of the occupier and rental markets, following the downward correction of the real estate markets over the last three years. At...
When asked which they think is the most attractive country to establish operations in Central and Eastern Europe (CEE), 9 percent of a survey’s respondents answered Romania, according to EY’s 2014 European attractiveness survey. This...
Romanian do-it-yourself retailer Dedeman has recently announced it will invest €30 million for expanding its business to the neighbouring Republic of Moldova. Dedeman plans to open two stores in Chisinau, Moldova’s capital, which is a...
The Romanian branch of the Liebrecht & wooD Group, a European commercial real estate developer, is accelerating its growth on the local market with over 94,000 sqm of commercial space currently under construction or in...
Raiffeisen Bank, one of the largest banks in Romania, has made a successful five-year unsecured bond issue of RON 500 million (€112 million). The bonds carry a 5.35 percent fixed interest rate and reach maturity...
Immpuls Real Estate Solutions recently gathered a relevant pool of local and international experts for its third event of the series “The Truth behind the Façade”. This year’s conference, “The Future of Shopping Centers in...
With a monthly tariff of €200 per person, Romania is one of the cheapest countries in Europe for renting short term offices, according to a statement of Flash Office Solutions. “The short-term offices services are...
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