REAL ESTATE
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No Clear-Cut Winner In This Fall’s Mall Battle
The newest “battles” on the Romanian retail market will be fought in Arad, Oradea and Constanta this autumn, where new malls are set to be opened. Four consultants inquired by ZF say, though...
Capital Property Advisors Eyes EUR50M Deals By Yearend
Romanian real estate consultancy firm Capital Property Advisors, held by the founders of investment boutique Capital Partners, Wednesday said they could conclude two realty transactions this...
Real Estate Market Shows Revival Signs After Two Years
A large construction site stands in Floreasca, where the tallest building in Bucharest is being constructed; another site, next to the Polytechnic University, will host an office building. S...
Capital Property Advisors Appoints Radu Lucianu As General Manager
Realty consultants Capital Property Advisors appointed Radu Lucianu, former head of consultancy firm CB Richard Ellis (CBRE) Romania, as general manager.
Bucharest Retail Property Market Seen As “Hot” In “Fair Value” Index- DTZ
Realty investors find the Bucharest retail segment one of the most attractive in Europe, as compressed yields and higher rents bring substantial capital increase in the medium term, accordin...
Fund With EUR14M Capitalization Becomes Largest Shopping Center Owner
London-traded Argo Real Estate Opportunities Fund (AREOF) has a capitalization of just EUR15 million, but is about to become the largest owner of shopping centers in Romania, after acquiring...
Banks Have 2,000 Properties For Sale And Start To Cut Asking Prices
Almost 2,200 homes and plots of land, as well as retail space and factories, are currently for sale on the websites of the largest local banks. The number of ads is more than double compared...
Local Entrepreneurs Restart Investments In Office Buildings
A number of very low-profile Romanian businessmen, such as Dragos Dobrescu, Remus Capota and Radu Dimofte, have started once again to build office buildings in Bucharest, smaller buildings,...
Realty Transactions Drop 87% In Second Quarter, To EUR23.5M
Real estate transactions unfolded in the second quarter of the year amounted to EUR23.5 million, down 87% from EUR213.94 million in the first quarter, in line with the trend seen in central...