REAL ESTATE
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DTZ: Romania Might See Increased Number Of Realty Deals After Elections
The Romanian real estate market has become more stable, meaning that both rentals and acquisitions are made at realistic prices, and the number of transactions might increase in the next six...
Law Firm: Banks Will Get Rid Of “Skeletons” When New Projects Turn Profitable
Francisc Peli, founding partner of law firm PeliFilip and one of the most respected lawyers on the real estate segment, says management activities currently occupy 80% of his time.
Modern Retail Space Delivery In Romania Seen Down 40% In 2012
New supply of modern retail space in Romania will total 187,000 square meters in 2012, down 40% on the year, while next year’s delivery is currently estimated at about 150.000 square meters,...
JLL: Office Deliveries In Bucharest Fell To 44,000 Sqm In First Nine Months
Developers completed in Bucharest office projects totaling 44,000 square meters in the first nine months of 2012, down 14.4% on the year, while rentals fell 21% to 140,000 square meters, acc...
Barbu Vacarescu-Floreasca: Bucharest’s New EUR1B Real Estate Hub
The development of Bucharest’s new real estate hub has started for several years on an about 500-meter radius around Aurel Vlaicu underground station, which could attract investments estimat...
Third Departure From Jones Lang LaSalle In Three Months
The Romanian unit of Jones Lang LaSalle (JLL), one of the leading real estate consultancy firms, has seen its management shaken up in the past three months, after three executives left the c...
Real Estate Developers To Launch Three New Housing Projects At Bucharest Fair
Real estate developers will launch three new Bucharest residential projects worth a total of EUR40 million at the National Realty Fair (tIMOn) to take place between October 25 and October 28...
IT Sector Accounts For Half The Transactions Involving Office Space This Year
Half of the largest transactions signed this year on the office segment were concluded by IT&C companies, after in the past few years banks and companies in the medical services industry had...
Italian Nusco To Construct EUR17M Office Building In Bucharest
Michele Nusco, CEO and one of the shareholders of Italian group Nusco, said the company will start the construction of a new office building in capital Bucharest at the end of the year.