IGD sells building in Turda to municipality
IGD – Immobiliare Grande Distribuzione has completed the sale of an asset in Turda through its subsidiary Win Magazin.
IGD – Immobiliare Grande Distribuzione has completed the sale of an asset in Turda through its subsidiary Win Magazin.
Alpha Bank Group has provided a €175 million financing to the British M Core for the acquisition of several shopping centres in Romania.
NE Property BV, part of the NEPI Rockcastle Group, has obtained a €190 million sustainability-linked revolving credit facility from a banking consortium in Romania.
Immobiliare Grande Distribuzione (IGD) has sold the Winmarkt Crinul Nou shopping centre, located in Alexandria, southern Romania, to a private Romanian investor, for €3.3 million.
Electrica has signed a syndicated loan agreement worth RON 3.1 billion (€620 million), in a deal coordinated by BT and BCR, with Raiffeisen Bank acting as Sustainability Agent.
Italian real estate group IGD has announced the sale of its Winmarkt Someș shopping center in Cluj-Napoca to a private Romanian investor for €8.3 million.
Bogdan Papandopol, Partner and Head of Dentons' Global Real Estate Group in Bucharest, talked to Property Forum about the growing investments in green property projects and the reduction of lease terms in the commercial sector.

Cushman & Wakefield Echinox has been appointed to sell Joyson Safety Systems' industrial property in Ribiţa, Hunedoara County, as the automotive safety components manufacturer consolidates operations at its Arad hub.
Romanian authorities are making over €8 billion available this summer in EU funds and state aid for businesses and local public authorities, according to REI analysis, a consultancy group specialising in attracting non-reimbursable financing.
The National Road Investment Company (CNIR) has capitalised on European financial frameworks by signing the first two infrastructure contracts for the A8 Unirii (Union) Motorway.
Christian Tour, one of Romania's largest tour operators, has successfully completed its initial public offering (IPO), ahead of its listing on the BVB.
A Russian Geran-2 combat drone breached Romanian airspace and crashed into a residential apartment block in the eastern city of Galați early on 29 May, intensifying security concerns along NATO's eastern flank.