REAL ESTATE
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Romania Mulls Setting Up Real Estate Firm To Manage Assets Of Transport Companies
Romania’s Government is considering setting up a special real estate company to manage all properties of state-owned transport companies, hoping to improve their revenue generation and insta...
Romania Saw 11% Rise In Realty Deal Numbers In First 10 Months
The number of real estate transactions unfolded in Romania between January and October rose 11% on the year, to 526,558, the land registry authority ANCPI said Tuesday.
ZF Seminar: There Is Too Much Of A Need For Construction, Real Estate Market Will Definitely Rebound
Romania is too poor a country, too much in need of infrastructure, new homes, administrative buildings and even office and retail spaces not to see the real estate market return to growth ov...
The Story Of The Biggest Insolvency In Real Estate
In 2007, developers of the Asmita Gardens in Bucharest sold one apartment per day, although the seven towers were not finalized yet. However, in the last seven months, with the blocks finali...
Real Estate Transactions Without Energy Certificate May Be Challenged In Court - Bill
Real estate transactions may be later challenged in court by the signatories or by third parties, if the property exchange or rental contract did not come with the building's energy efficien...
KPMG: Romania Property Lending To Remain Prudent
The Romanian real estate market is still in a relative state of stagnation and lending in the sector is unlikely to pick up any time soon, due to the high level of non-performing loans, a su...
Former Debenhams Boss Recruited By Trigranit Development
Bogdan Macarie, the executive who ran for one and a half years apparel retailer Debro Retail, the operator of the Debenhams stores, is now the new development director of Trigranit Developme...
Banks Become Largest Owner Of Real Estate Assets
After the wave of foreclosures and real estate development bankruptcies in the last two years, local banks have come to hold office buildings, apartments and plots valued at nearly EUR1 bill...
Architecture Market Still Underperforms
The architecture and design market had its glory days between 2006 and 2008, simultaneously with the construction segment, and will not return to similar values in less than five years’ time...