REAL ESTATE
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Strongest Real Estate Players In Romania, EUR315M In Revenue In 2013
Seven real estate groups, three of which are Romanian-held, in 2013 generated revenue of almost EUR315 million from operating the malls or office buildings they own, up 12.3% year-on-year, a...
Greek Investor Shifts From Furniture Making And Real Estate To Snail Farming
Nikos Chlepas, a Greek investor who was involved in the Neoset furniture business five years ago, as well as in several real estate projects, last year switched to snail farming with a 10-he...
PwC Sees Real Estate Deals In Romania Rising This Year Especially On Office Space Segment
Real estate transactions in Romania will grow slightly in volume this year, especially on the office space segment, while Dublin, London and the main cities in Germany are the most attractiv...
JLL: Central-Western Part Of Bucharest Has Huge Potential, Floreasca Area Becomes Risky
The central-western part of Romania’s capital city Bucharest has the highest potential for office developments, due to good infrastructure, low office stock and low vacancy rate, real estate...
Number Of Real Estate Deals Up 17% In 2013, To 825,000
The number of real estate deals rose by 17% on the year in 2013, to 824,989, most of them closed in the capital city, Bucharest, according to the data of the national cadastre agency ANCPI.
What Insolvent Real Estate Projects Can Be Bought For EUR230M
Ten of the most important real estate projects gone insolvent or bankrupt in Romania can be had for about EUR230 million, according to a ZF analysis of the assets put up for auction in the f...
Jones Lang LaSalle Expands Romania Operations With Land Unit
Real estate consultancy firm Jones Lang LaSalle (JLL) will expand its Romanian operations with the launch of its Development and Land Department, which will be managed by Attila Peli, ex-hea...
Bucharest Starts Year With 15% Of Its Offices Still Unoccupied
Bucharest went beyond the mark of two million square meters of offices last year, and brokers say the market fared better, with rentals of around 280,000 square meters. However, not all owne...
CBRE: Romania Ranks 5th In CEE By Real Estate Deals In 2013
Real estate deals in Central and Eastern Europe (CEE) increased 31% on the year in 2013, to over EUR10 billion, and Romania ranked fifth out of nine countries by realty deal volumes, accordi...