REAL ESTATE
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Alpine Changes Focus From Private To Public Projects
Alpine Romania, the local subsidiary of Austrian construction group Alpine, which built one of the most expensive office projects in Romania, Petrom City, has in the past year changed its fo...
C&W: Realty Transactions In Romania Rise To EUR99M In 1Q
The value of real estate transactions concluded in the first quarter of the year in Romania amounted to EUR99 million, but the overall real estate activity remains modest as the number of re...
Mortgage Lending Growth Slows Down In February
The mortgage lending growth pace in February was half the monthly average of 2011, because not even government-secured loans are drawing customers to banks.
C&W: Industrial Space Rental In Romania May Widen By 15%-20% In 2012
The overall surface of industrial space rented in Romania could grow by 15%-20% this year, from 150,000 square meters in 2011, according to realty advisors Cushman&Wakefield Romania.
Romania To Resume Government-Owned Property Auctions
The Romanian authority that administers government real estate properties, or RA-APPS, will resume procedures to auction off the assets that have not been sold in a first stage, Attila Dezsi...
Closure Of Baneasa Airport Reveals EUR1B Real Estate Treasure
As of March 25, all 70 flights operated from the Baneasa Airport will move to the Otopeni Airport. What will happen to the 200 hectares of airport land worth one billion euros?
Investors May Soon Start Developing Hotels, Stores On Bucharest Plots - CBRE
Some of the investors who bought land in 2006-2007 with the intention to develop residential projects, are thinking of building hotels or retail projects on the lots, as the residential mark...
CBRE: Bucharest Land Market To See Upturn In 2012
Bucharest land market will mainly include property held by financial institutions, and transactions concluded this year could see a low in terms of prices, with investors seizing this opport...
Constructor Bog’Art Wants To Build Wind Farms, Tap African Markets
Romanian constructor Bog’Art, owned by businessman Raul Doicescu, has over the years built some of the top office projects in Bucharest and plans to take on building wind farms and enter the...