Bucharest's
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Developers of Bucharest's biggest mall seek 400 million euros
Portuguese real estate developer Sonae Sierra and the Irish at Caelum Development, co-developers of the Parklake Plaza project in Eastern Bucharest, have started to seek the funds they need from banks - over 400 million euros, to begin construction on the bigg...
City Hall official suggests building malls on Bucharest's outskirts
Gheorghe Udriste, head of the infrastructure and public services department at Bucharest City Hall, has suggested real estate investors develop shopping centres on the outskirts of Bucharest...
Bucharest's Intercontinental Hotel worth 70.7 million euros
Intercontinental Hotel, the five-star located in the heart of Bucharest, has been appraised at 70.7 million euros by DTZ Echinox. The land alone on which the hotel sits is worth 30 million e...
Bucharest's cheapest apartments: 1,500 euros/sqm
The prices of old apartments in Bucharest range from 1,500 euros / square metres for the cheapest apartments in Pantelimon, and 3,500 euros / square metre in Primaverii (the top residential...
Piata Presei Libere to become Bucharest's second hotel pole
Parc Hotel group, controlled by businessman Gabriel Popoviciu, will consolidate its presence in the area of Piata Presei Libere after it opens Ramada Plaza hotel and brings neighbouring hote...
Holcim's Campulung plant to become Bucharest's largest supplier
Holcim Romania, which last year generated turnover worth 290 million euros, up 28% on 2006, will finalise an investment worth 185m euros in order to increase the production capacity of its C...
Bucharest's first underground car parks, ready in 2 years
The first underground car parks built by the Bucharest City Hall (PMB) will become available in two years' time at the earliest, with works due to start on the car park close to Gara de Nord...
Bucharest's modern retail market still unsaturated
Bucharest's food retail market is still a long way off becoming saturated, as indicated by the level of coverage from major networks, which opened one store per 25,600 inhabitants. On a nati...
New Year's Eve at Bucharest's five-star hotels
Bucharest's five-star hotels are expected to register a 100% occupancy rate for events hosted over the Christmas period. Price is no object, despite the around 5,000 RON (1,515 euros) New Ye...