SIF Hoteluri (CAOR.RO), a company almost entirely held by regional investment fund SIF Banat-Crisana (SIF1.RO), on Wednesday reported a net loss of almost RON760,000 for the first three months of 2022, as compared to a net profit of RON4.6 million in the first quarter of 2021.
The residential sales market is expected to go through a period of stagnation and correction, as harsher lending conditions, inflation and rising construction costs will change consumption consumer bahavior and moderate major acquisitions, according to JLL analysts.
French real estate group Catinvest has completed the second phase of the Electroputere Parc development and it will soon finalize expansion works on the Electroputere Mall which will enable the opening of new stores, restaurants and a playground.
Real estate company One United Properties, which develops residential, mixed-use and office real estate in Romania, on Wednesday said the One Herastrau Office office building has reached an occupancy rate of 100%.
Healthcare for 1.9 million people living in south-western Romania will be transformed following construction of a new regional hospital in Craiova backed by a 368 million Euro long-term EIB loan.
The Bucharest Stock Exchange announced that SMTLR01 pre-emptive rights issued for the share capital increase carried out by Simtel Team (SMTL) will start trading on Wednesday (May 18).
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has increased to 5.57% a year on Wednesday (May 18) from 5.53% a year on Tuesday (May 17), as per central bank data.
Grup Serban Holding (GSH.RO), a Romanian entrepreneurial company active in several fields in agriculture, on Wednesday said it received the approval for a project with European funds for Fabrica de Paine Serban SRL, part of Grup Serban Holding.
In the first quarter of 2022, Belgium’s WDP posted rent income worth EUR14.6 million related to the 60 properties it owns in Romania.