Analysis
CBRE: Bucharest Property Investment To Rise By Yearend
Real estate investment activity in Bucharest and Budapest should increase towards the end of the year, according to a report compiled in June by real estate consultants CB Richard Ellis.
A Better Year For Food Retail
Romania’s retail market is expected to rise to EUR26 billion by 2020, from the current EUR16 billion, and the upbeat expectations fuel the store networks’ plan for new openings, which are se...
Four Mutual Super-Funds Raised EUR1B From Investors
BCR Obligatiuni is the latest entrant in the league of the largest mutual funds, also called super-funds, with assets of more than 1 billion lei (EUR240.5 million).
“First Home” Remains An Option Only For Clients Who Cannot Afford A Higher Down Payment
“First Home” state-guaranteed mortgage loans remain an option only for clients who cannot afford to pay a 10% or 15% down-payment on the value of the purchase, since there is almost no price...
Hot Autumn For Retailers: EUR500M Malls Set For Opening
This autumn is set to be much more “prolific” in terms of shopping center openings compared with 2010, as projects totaling 250,000 square meters and almost half a billion euro in investment...
Wave Of New Hotels To Be Opened This Year
Investors on the hotel market have seen the last two years as an opportunity to develop new hotels, despite the drop in demand.
BNR Survey: Consumers Will Find It Easier To Take Out Loans This Summer
Individual clients could borrow more easily from banks this summer because lenders are set to ease access to both consumer and real estate loans, according to a survey conducted by the Natio...
GfK: Only 4% Of Romanians Use Internet Banking
Romania has one of the lowest penetration rates of Internet banking services in Central and Eastern Europe, just 4%, compared to 42% in the Czech Republic, 34% in Austria or 13% in Croatia,...
Unpleasant Surprise: Household Overdue Loans Up By EUR75M In April
Individual customers' overdue payments on bank loans unexpectedly jumped in April, overshooting the 6 billion lei (EUR1.4 billion) mark for the first time, central bank data revealed.