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DTZ Sees High Demand For Land For Industrial Developments In Romania
Real Estate

DTZ Sees High Demand For Land For Industrial Developments In Romania

Direct foreign investments have been the main driver for the development of the Romanian industrial and logistics segment over the past six months, real estate consulting company DTZ Echinox...

Ioana Tudor · 23.05.2013 · 16:33 · 1 min
Immofinanz Rental Revenues In Romania Climb To EUR35.9M In May 1-Jan 31
Real Estate

Immofinanz Rental Revenues In Romania Climb To EUR35.9M In May 1-Jan 31

Austrian real estate investment group Immofinanz registered rental revenues of EUR35.9 million in Romania in the first three quarters (May 1-January 31) of fiscal year 2012/2013, up some 6%...

Ioana Tudor · 21.03.2013 · 12:45 · 1 min
Companies Rented New Space Enough For 2,500 Employees Since Start of 2013
Real Estate

Companies Rented New Space Enough For 2,500 Employees Since Start of 2013

Insurer Generali, antivirus software vendor BitDefender and the importer of the Mercedes Benz cars are among the companies to have sealed the most important office space deals in the first m...

Oana Gavrila · 21.03.2013 · 08:03 · 3 min
Bucharest Apartment Rents Higher Than Monthly Mortgage Payments - Survey
Real Estate

Bucharest Apartment Rents Higher Than Monthly Mortgage Payments - Survey

Monthly apartment rents in Bucharest are generally higher than monthly mortgage payments, and the difference is 40% in some areas in the Romanian capital, according to website anunturipartic...

Ioana Tudor · 06.02.2013 · 12:28 · 1 min
Commercial Rents In Bucharest Among The Lowest In EMEA
Real Estate

Commercial Rents In Bucharest Among The Lowest In EMEA

The average office space rent in Bucharest decreased by 5.13% last year, while industrial and retail space rents remained unchanged, which makes Bucharest one of the cheapest cities in Europ...

Ioana Tudor · 29.01.2013 · 15:54 · 1 min
Bucharest Swan Office&Technology Park’s Occupancy Rate Rose To 35% In 2012
Real Estate

Bucharest Swan Office&Technology Park’s Occupancy Rate Rose To 35% In 2012

The occupancy rate of office project Swan Office & Technology Park in Romania's capital city Bucharest increased to 35% this year, led by new rentals and the expansion of existing tenants, r...

Ioana Tudor · 19.12.2012 · 14:21 · 1 min
H&M Raises Revenues Of AFI Cotroceni Mall By 15% In 1Q To EUR46M
Retail&Consumer

H&M Raises Revenues Of AFI Cotroceni Mall By 15% In 1Q To EUR46M

Retailers in AFI Palace Cotroceni mall in Bucharest, controlled by Israeli group AFI Europe, posted sales of EUR46.1 million in the first three months of this year, up 15% on the similar per...

Radu Bostan · 03.05.2012 · 00:00 · 2 min
Companies

Bucharest Can Organize Sizeable Events, But Fees Are Too High

Patrick Andersen, executive vice-president of travel management company Carlson Wagonlit Travel (CWT) for Nordic countries and Eastern Europe, says Bucharest has the necessary infrastructure...

Mirabela Tiron · 14.11.2011 · 00:00 · 3 min
Real Estate

State-Built Home Rent Capped At One Third Of Average Net Wage - Draft

The rent paid for social homes the Romanian state will build in public-private partnership in the next years will cover administrative costs, the property tax and home insurance, and will no...

Ioana Tudor · 25.08.2011 · 16:15 · 1 min