Globalworth founder and CEO Ioannis Papalekas bought three million shares of the company, which he paid € 27.3 million, at a price of € 9.10 per share. Papalekas held 29.15 million shares in Globalworth, representing 15% of the total. According to the latest Globalworth market report, Globalworth’s largest shareholders are, alongside Growthpoint Properties with...Read more
97% of Romanians and 90% of Lithuanians live in their own apartments or houses, while more than half of the Swiss and Germans rent their residential properties. Here’s why. For many Europeans buying a home is the ultimate goal, along with a graduation from the university and family creation. For them homeownership equals stability and...Read more
Forte Partners wants to build three office buildings and homes in the Exhibition. Developer wants to build 20-storey towers on 9,300 square meters of land.
Forte Partners, the most active Romanian developer on the local office market, submitted to the City Hall the documentation for obtaining a Zonal Urban Plan (PUZ) for a future office project in the Exhibition area. The future complex will be located on the Boulevard of the Exhibition, between SNSPA and the future NIRO project, and...Read more