REAL ESTATE
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Foreign Real Estate Investors 1H Inflow To Romanian Units Halves At EUR86M
The inflow of foreign real estate investors to the share capital of their Romanian units halved at EUR86 million in the first half of 2012, compared with EUR150 million during the same perio...
CBRE: Some Companies Offered As Little As EUR5/Sqm For Office Space
It is still a renter’s market out there, office landlords learn when negotiating with companies seeking space to rent, which are now offering as little as EUR5/sqm a month. This is the usual...
Property Investment Volumes In Romania Touch 7-Year Low In 1H, At EUR55M
Overall commercial property investment volumes in Romania registered a steep decline in the first half of 2012, to a EUR55 million seven-year low, according to consultancy company CBRE.
JLL: Romania Scores Improvement In Real Estate Transparency
Romania ranked on the 40th position in a Global Real Estate Transparency classification, from 32 in 2010, according to a survey of consultancy company Jones Lang LaSalle.
How Cocor Went From Making Profit To Falling Behind With Its Loans
Four years ago, when the old Cocor store closed for an extensive upgrade program, it was over 90% rented and the average rent stood at EUR47 per square meter. Cocor Bucuresti (COCR.RO), whic...
Holcim Romania: Cement Market Growth Still Relies On Infrastructure Projects
Holcim Romania, one of the largest cement producers on the local market, estimates the cement market will increase by 2% to 3%, with company officials still relying on infrastructure project...
Real Estate Financing: Harder To Get, More Risks To Take
Banks are still reluctant to lend to real estate investors, so developers have to take more risks if they want to continue their projects and remain on the market, according to information p...
DTZ: Investors More Cautious Regarding Property Acquisitions In Romania Following Political Unrest
Real estate investors have become more cautious regarding their acquisition plans in Romania due to the recent political turmoil, according to DTZ Echinox, which estimates a moderate increas...
Real Estate Developer Redevco Prepares Exit From Romania
Real estate developer Redevco, controlled by Cofra, which also owns the C&A store chain, has put up for sale the only plot it has in Romania, in Tulcea, where it had planned to build a mall.