developers
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Entrepreneur Dan Ostahie becomes one of the top mall developers in Romania
Dan Ostahie, chairman of the Altex Group, which opened the biggest shopping centre controlled by its real estate division (Cometex) in Buzau yesterday, said he brought forward the inaugurati...
Financial crisis puts developers' plans on hold
The international financial crisis will have effects on the retail market, as well, which has seen one of the most significant increases over the last few years, with both developers and ret...
Omilos Group manager: Retailers and developers revise plans downwards
The Romanian real estate market has been affected by the global financial crisis, which has lead to higher borrowing costs, and raises doubts among developers and retailers, which are re-eva...
AIG/Lincoln: We will evaluate financial risks even more carefully in the future
Representatives of real estate developer AIG/Lincoln, a subsidiary of American group AIG (which was just one step away from bankruptcy) and Lincoln Property, say the company will be affected...
Developers deliver fewer flats than promised for H1
Approximately 1,200 new flats that had been scheduled for delivery in the first half of this year have been delayed, as the construction market is experiencing a serious personnel shortage,...
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...
One sqm of mall/capita, a realistic target for developers
Cities such as Arad, Ploiesti and Iasi could all see five malls spring up in the coming years. Postponed projects, lower rents and yields, and conversion of existing space are several things...
Only 10 towns with over 50,000 inhabitants still untouched by mall developers
Mall developers have, over the past year, targeted cities with a population that ranges between 50,000 to 100,000 inhabitants, in their search for cities still untapped by their competitors....
BCR Leasing grants 70m euros to real estate developers
At the end of 2007, BCR leasing launched a product for funding construction projects. The projects can be office buildings, industrial buildings, commercial ones or residential complexes, wh...