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Bucharest’s Magheru Boulevard World’s 55th Most Expensive Retail Location - Survey
Real Estate

Bucharest’s Magheru Boulevard World’s 55th Most Expensive Retail Location - Survey

The Magheru Boulevard in Bucharest is ranked 55th in a Cushman&Wakefield chart of the most expensive 64 boulevards in the world, with an average annual rent of EUR600 per square meter (or EU...

Ioana Tudor · 13.11.2013 · 16:45 · 1 min
Romania To Charge Health Care Contributions On Revenues From Rents
Social/Politics

Romania To Charge Health Care Contributions On Revenues From Rents

People gaining income from rents will have to pay health care contributions of 5.5%, according to a government emergency decree approved Wednesday, people close to the matter told MEDIAFAX.

Oana Gavrila · 18.09.2013 · 17:18 · 1 min
Real Estate Investors Pump EUR250M In Offices Set To Be Ready Within A Year
Real Estate

Real Estate Investors Pump EUR250M In Offices Set To Be Ready Within A Year

New office spaces with a lettable area of around 140,000 square meters will become available in Bucharest within a year, according to a ZF analysis which took into consideration the six proj...

Oana Gavrila · 05.09.2013 · 08:06 · 3 min
Bucharest Apartment Rents Down 4% In August
Real Estate

Bucharest Apartment Rents Down 4% In August

Apartment rents in Bucharest fell by up to 4% in August, as 10% more apartments were up for rent last month compared with the similar interval a year ago, according to website anunturipartic...

Ioana Tudor · 03.09.2013 · 11:58 · 1 min
Deutsche Telekom Looking For Office Space For Services Center In Bucharest
Real Estate

Deutsche Telekom Looking For Office Space For Services Center In Bucharest

Deutsche Telekom, which owns telephony operators Romtelecom and Cosmote via Greece’s OTE, is looking for some 1,600 to 2,000 square meters of office space in Bucharest, where it could develo...

Tudor Ioana Raluca · 30.08.2013 · 07:26 · 1 min
Honeywell Rents Office Space For 300 More Employees In Bucharest
Real Estate

Honeywell Rents Office Space For 300 More Employees In Bucharest

The Romanian subsidiary of U.S. company Honeywell has rented 20% in the biggest office building in Bucharest, UpGround BOC, which means it now has enough space to recruit 300 more people for...

Tudor Ioana Raluca · 29.08.2013 · 07:55 · 1 min
Technology &Telecoms

BetBrain Software Moves To Office Building Centrul Nouveau In Bucharest

IT company BetBrain Software has rented out 1,300 square meters of office space in the Centrul Nouveau office building in Bucharest, held by Tiriac Imobiliare group, according to RealTime Im...

Ecaterina Craciun · 10.06.2013 · 16:44 · 1 min
Tower Center Almost 70% Rented
Real Estate

Tower Center Almost 70% Rented

Audit and advisory firm Ernst & Young and Belgian IT company Cegeka rented nine of the 22 floors of Bucharest’s Tower Center in Victoriei Square.

Tudor Ioana Raluca · 04.06.2013 · 09:23 · 1 min
Guest Apartment Supply On The Rise, Competing With Hotel Room Prices
Real Estate

Guest Apartment Supply On The Rise, Competing With Hotel Room Prices

Supply for guest apartments in Romanian vacation spots is on the rise at prices that compete with hotel rooms, starting from RON70 a night, according to real estate website imobiliare.net.

Oana Gavrila · 31.05.2013 · 11:30 · 1 min