projects
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Anchor Grup focuses on office and housing projects
The value of projects being developed by Anchor Grup in Romania will reach 800m euros in the coming years, with half of these investments underway or already finalised. The real estate devel...
Interest rate increases affect real estate projects
Real estate projects are the most sensitive when it comes to interest rates increases, particularly the office segment, which relies on the rent flow, according to Rasvan Radu, CEO of UniCre...
Euroclinic targets greenfield projects and acquisitions
Euroclinic, Bucharest's first private hospital, has earmarked a budget of at least 5 million euros to directly enter the sector of private clinics. "We are open to any opportunities. We have...
Mota Engil interested in road infrastructure projects, too
Portuguese Mota Engil group, which operates in Romania through Martifer, its energy division and is developing the Romfelt Plaza residential complex as part of a consortium, will participate...
Aura Investments buys stakes in three Plaza Centers developer projects
Israeli company Aura Investments has purchased a plot in Craiova, for 10.5 million euros, where it will build a mall, and has taken over stakes in three projects of the Plaza Centers develop...
Cluj real estate projects boost construction materials sales
A boom in real estate projects in Cluj county has encouraged the sales figures registered by construction material producers by as much as 60% in the first 9 months of this year against the...
Bermo Group Arad: residential projects worth 80m euros
Bermo Group Arad, one of the leading real estate developers in the West of Romania, has real estate projects worth 80 million euros underway, in Arad and Brasov. "Having acquired land in Bra...
Tougher financing terms for shopping centre projects
Banks have become more reluctant to grant financing for shopping centre projects amid turmoil on the US subprime market, which is having an indirect effect on domestic developers. "Companies...
Concefa to develop over 300m-euro residential projects
Horatiu Cercel, who controls Concefa, a constructions group with business worth 50 million euros, intends to develop several residential projects within the next few years, which are estimat...