REAL ESTATE
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Adama Starts Work On Two Apartment Buildings In Bucharest
Real estate developer Adama, acquired in full by Austria’s Immofinanz last year, has begun work on two buildings with 160 apartments part of the Optima and Edenia compounds in the Titan dist...
DB Schenker Expands In Bucharest Phoenix Logistics Center
German transport and logistics operator, DB Schenker, leased a second unit of 5,200 square meters in Phoenix Logistics Center nearby capital city Bucharest, currently occupying half of the w...
Bucharest Office Offer Increased, Few Projects Catch Investors’ Eye
Shortening the duration of rental contracts from five to three years rendered Bucharest office spaces less attractive to investors, according to real estate consultancy firm Colliers.
Over 40,000 Homes Put Up For Sale At Realty Fair In Bucharest
Over 40,000 new and old homes in Bucharest and in the city’s suburbs will be put up for sale at a real estate fair organized between September 14 and 16 in the capital.
ZF Real Estate Index Down Again
The average asking price for old three-room apartments in Bucharest reached EUR76,350, more than EUR1,700 less than at the end of last year, according to the real estate index calculated by...
Real Estate Manager Surprisingly Dominates Ranking Of Best Salaries In Romania
The highest-paid executive in Romania last year was, surprisingly, a manager in the real estate sector, who is likely to have concluded several major transactions and earned EUR1.27 million,...
Another Bad Year For Real Estate Investors
It looks like 2012 will be another bad year for investments in shopping malls, office buildings and residential compounds, considering that only four major projects requiring investments of...
Bucharest Residential Building Verdi Park Auctioned Off For EUR4M
Bucharest-based luxurious real estate compound Verdi Park, under bankruptcy, will be auctioned off by its liquidator September 10, at a starting price of EUR4 million.
DTZ: Romania’s Investment Volume Seen Falling In 2012, At Less Than EUR300M
Romania’s investment volume was revised down for the whole 2012, to between EUR250 million and EUR300 million, compared with the original EUR400 to EUR450 million estimation, considering the...