The controversy surrounding ‘Kushner Island’ and the €1.4B project
Demonstrations were held last weekend in Tirana and at the Vjosa–Narta Lagoon, a protected wetland on Albania's Adriatic coast that environmental organizations regard as one of the Mediterranean's mos ...
Turkish investors reduce overseas real estate purchases
According to balance of payments data from the Central Bank of the Republic of Türkiye, overseas real estate purchases fell by 18% year-on-year in March, reaching $187 million—the lowest level in the ...
Leroy Merlin invests in new regional logistics hub
The agreement concerns the expansion of the existing logistics hub at CTPark Bucharest West, which will reach a total area of 48,500 sq. m., confirming the facility’s role as one of the most significa ...
EU wealth rankings: Athens missing from the top tier
The wealth ranking is based on data from Eurostat, processed by DataPulse, where EU regions are ranked according to GDP per capita in purchasing power standards (PPS), an indicator that takes into acc ...
Baseline office fit-out costs in Athens at €850 per sqm
According to data from Cushman & Wakefield Echinox, based on the Office Fit-Out Cost Guide 2026, the average total cost of office fit-out reached €1,150 per sq.m., with the highest costs rising to ...
Bucharest positioned as a key luxury retail hub in CEE
As noted by the real estate consultancy Cushman & Wakefield Echinox, the Romanian capital is steadily strengthening its position on the luxury retail map, supported by rising consumer purchasing p ...
A. Exarchou: U.S. LNG long-term contracts essential for Europe’s energy stability
Alexandros Exarchou, President and CEO of AKTOR and CEO of Atlantic SEE LNG Trade, emphasized that the European Union risks facing an extremely challenging energy reality if it does not swiftly move t ...
Romania sees rise in real estate transactions in February
Bucharest remains the core of the country’s real estate market, recording 8,290 transactions. It is followed by Ilfov County with 3,520 transactions and Cluj County with 2,101. In practice, the Buchar ...
NBI and HILS Development partner on HILS nord residential project
According to the company, through its collaboration with HILS Development, the HILS Nord project has been incorporated into North Bucharest Investments’ portfolio, strengthening its presence in the re ...
EBRD backs 190 MW solar power projects in Romania
The project is co-financed by the European Investment Bank (EIB) with a loan of up to €34 million and by Banca Comercială Română (BCR) with financing of up to €17.5 million.The three companies are ...
TERNA secures €1B in Romanian railway contracts
The construction arm of the GEK TERNA Group, in a joint venture with Alstom Romania, has been confirmed as the winning bidder for two sections of the Craiova–Drobeta Turnu Severin–Caransebeș railway l ...
EBRD extends €20M credit facility to Assan Alüminyum
Investments include, among other initiatives, the installation of a filtration system on the casting line, enabling the cleaning and reuse of materials used in aluminum production. In parallel, a new ...
Modern retail developments in Romania exceed 5M sq.m.
Romania’s modern retail space market continues its robust growth, exceeding the five-million-square-meter mark for the first time in 2025, according to data from Colliers.
Η Virgil Calina ανοίγει το Crowne Plaza Constanta – Mamaia
Η Virgil Calina, ιδιοκτήτρια εταιρεία του ομίλου De Silva ανοίγει την ξενοδοχειακή μονάδα Crowne Plaza Constanta – Mamaia Beach, σε συνεργασία με την IHG Hotels & Resorts (InterContinental Hotels Grou ...