30Apr
Last year was still a good one for office furniture in Romania despite delays in delivering scheduled construction projects, local daily Ziarul Financiar reported. The total market for office furniture in Romania exceeded 80 million euro last year. According to Ziarul Financiar, an increase of 15 per cent was expected this year but the market had the potential to reach 100 million euro by 2011.
30Apr
Romanian daily Ziarul Financiar reported that several foreign investors in Romania who had bought apartments in early stages of development, were putting those apartments up for sale at a significant profit even before construction had finished.
25Apr
ECE Projectmanagement Bulgaria, the Bulgarian arm of German developer ECE, will shortly launch construction on its 40storey Europe Tower, company manager Plamen Ilchev told Mediapool.bg.
25Apr
Turkish developer Kayi was named as the main contractor of Serdika Centre commercial and business complex, Investor.bg reported. The site cited a news release from Sparkassen Immobilien AG, the real estate investment trust of Erste Bank, and the German investor and developer ECE Projekmanagement Bulgaria, the two investors in the project.
23Apr
Buildings account for 37 per cent of overall energy consumption. In fact, buildings and transport collectively emit 50 per cent of overall green emissions, participants in the Building Green CEE Energy Efficient and Ecological Design for the Region conference concluded at the opening panel on April 23. The twoday conference, ending on April 24, is taking place in Bucharest, Romania.
23Apr
With some exceptions, design, construction and operation of energy efficient buildings is a costly undertaking. Yet it will drive market transformation and become the norm in the future. This was the message of the second panel of the Build Green CEE conference in Bucharest.
22Apr
ING Real Estate Development ING RED, the real estate branch of the ING group, was planning to start a largescale real estate project in the centre of Bucharest, Investor.bg said.
22Apr
The proposal for construction of a building immediately behind the Russian Church in the centre of Sofia was withdrawn on April 22 by the same person who entered the proposal, Sofias chief architect Petar Dikov.Dikov said he annulled the proposal because he had not seen the drawing for the project, Bulgarian daily Dnevnik said.
18Apr
Evromarket Group plans to invest 160 million euro in eight industrialcommercial parks that would be built over the next two years, Dnevnik daily reported on April 18 2008.
18Apr
Balkan real estate expo BalPEx, one of the largest of its kind in SouthEastern Europe, opened its doors on April 18. For three days, the event will showcase more than 150 urban and vacation developments, office, commercial and industrial space worth in excess of two billion euro.
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