REAL ESTATE
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TIMOn: Boutique Projects, The New Trend On Bucharest Residential Market
The new trend on the Bucharest residential market consists of boutique projects, namely, blocks with few apartments, architecture and special equipment, and 30 compounds of this type are to...
Law On Debt Discharge To Trigger Lower Apartment Prices, Higher Rents - Real Estate Brokers
Over 40% of real estate brokers consider that apartment prices will fall by over 20% if the law on giving in payment comes into force, while three quarters of them expect rents to increase b...
New Kopel Group Extends Operations To Real Estate Sector
New Kopel Group (NKO), the first operating leasing company in Romania, announced it wants to extend its operations to the real estate sector, searching for new business development opportuni...
RE/MAX: Real Estate Market Up 10% In 2015, Seen 5% Higher This Year
The Romanian real estate market rose 10% on the year in 2015, in terms of value and volume, while in 2016, it could increase by 5%, according to a study by real estate company Re/Max.
IKEA Expands On Three Fronts In Romania
Sweden’s IKEA only had one store in Romania for eight years, but last spring its strategy changed with investment reaching EUR300 million, according to ZF estimates. The group is pursuing th...
CBRE: Real Estate Deals Down 45% In Romania, Up 19% In CEE In 2015
Real estate transactions with office, retail and industrial spaces fell 45% in Romania in 2015, to EUR644 million, from EUR1.16 billion a year before, while in Central and Eastern Europe, ex...
SIF Moldova Develops Residential Complex In Bucharest
Regional investment fund SIF Moldova (SIF2.RO), which manages 1.5 billion lei (EUR337 million) assets, plans to start developing a residential complex on one of the plots of the former texti...
JLL: Real Estate Developers Mull Finalizing Investments Worth Over EUR88M In 2016
Real estate developers plan to finalize investments totaling 700,000 square meters in Romania in 2016, worth over EUR88 million, according to a report of real estate consulting firm JLL.
Drugmaker Sintofarm Wants To Become Real Estate Company
Shareholders of drugmaker Sintofarm (SINT.RO) will meet on December 21 to decide on the sale of equipment, brands and other assets except for buildings, and on renaming the company Imosint a...