News » December, 2010 » 29 December 2010
At Least 8 Romanian Retail Proj Scheduled For Delivery In 2011
29.12.2010, 16:27 | Real Estate | 901 views
Real estate developers scheduled for delivery in 2011 at least eight retail projects in Romania totaling a surface of over 230,000 square meters, 17% more than the total area of projects completed in 2009, according to property analysts. In 2009, developers completed retail projects totaling 195,000 sqm, according to CB Richard Ellis (CBRE) data. "In 2011, the stock of modern retail in Romania will increase by 230,000 sqm through projects as Palas Iasi, Maritimo Shopping Center Constanta, the first phase of Colosseum project in Bucharest and the expansion of Baneasa Shopping City," CBRE analysts said. Read more on Mediafax.ro
|
Latest news in category Real Estate
The Romanian Development Ministry significantly increases fines charged to homeowners and local authorities who fail to carry out technical inspections and start rehabilitation works on buildings considered to have a high seismic risk. read more...
Bankrupt shopping center City Mall Bucharest will be put up for sale for the fourth time on June 10, in an auction starting at EUR23.58 million, some 30% less than the initial price of EUR33 million. read more...
City Mall shopping center in Bucharest, currently bankrupt, might find a buyer at the third auction, for a price of at least EUR 26.2 million, considering Casa de Insolvenţă Transilvania, the project's liquidator, sold a document detailing the conditions of contract to an interested investor. read more...
|
|
