Real estate | 15 May, 2025 at 5:12 PM
Iulius delivers extension of shopping mall in Suceava
Iulius and Atterbury Europe have completed a €40 million investment in the expansion of Iulius Mall Suceava.
Iulius and Atterbury Europe have completed a €40 million investment in the expansion of Iulius Mall Suceava.
Romanian developer Iulius will start this month a remodelling of its mixed-use project Palas Iași, based on a concept by architecture firm Foster + Partners.
Romanian developer Iulius has comissioned UK-based Foster + Partners architecture studio to work on two projects in Romania.
Romanian developer Iulius says its entire portfolio holds green certifications or is pending certification, with more than 500,000 sqm being included in the LEED standard for green buildings.
The lease renewal is one of the most significant transactions this year, both in the Cluj-Napoca market and in the office market overall.
Romanian developer Iulius is investing €40 million in the expansion of Iulius Mall Suceava that will increase the leasable area of the project to 60,000 sqm.
Romanian developer Iulius has obtained the urban zoning plan (PUZ) from the local council for a new urban regeneration project in Cluj-Napoca that will have a planned investment of more than €500 million.
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.