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RENTS

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Real Estate

Top Owners Of Office Space And Malls Made Over EUR200M From Rents In 2011

The year 2011 was difficult for the owners of real estate on the local market, as only the companies that expanded their portfolio saw rental revenue go up, a ZF analysis shows.

Radu Bostan · 15.03.2012 · 00:00 · 3 min
Sibiu Boasts Lowest Rent For New Offices - CBRE Romania
Real Estate

Sibiu Boasts Lowest Rent For New Offices - CBRE Romania

Sibiu is Romania’s cheapest city in terms of office rental, averaging EUR9-11 per square meter, compared to EUR19.5/sqm in Bucharest, according to a six-city study by realty advisors CB Rich...

Andrei Cîrchelan · 13.03.2012 · 17:45 · 1 min
Real Estate

Argo Real Estate Keeps Reducing Rents For Retailers In Romanian Shopping Centers

British investment fund Argo Real Estate has reduced, for the second consecutive years, rents for retailers in Romanian Shopping City Sibiu and Shopping City Suceava, with a cumulated decrea...

Andrei Cîrchelan · 10.02.2012 · 16:40 · 2 min
Baneasa Shopping City Collects EUR1.5M Per Month From 200 Stores
Real Estate

Baneasa Shopping City Collects EUR1.5M Per Month From 200 Stores

Baneasa Shopping City, the mall in northern Bucharest controlled by Romanian businessman Gabriel Popoviciu, collects some EUR1.5 million per month from rents out of 200 retail spaces, revenu...

Andrei Cîrchelan · 06.01.2012 · 18:07 · 1 min
Bucharest Apartment Rents Down 5% On Year In September
Real Estate

Bucharest Apartment Rents Down 5% On Year In September

Apartment rents in Bucharest have remained constant in September compared to August, but they were down 5% frm the same month of 2010, according to a survey by website anunturiparticulari.ro...

Andrei Cîrchelan · 03.10.2011 · 12:57 · 1 min
Banks-Insurance

Raiffeisen Bank Romania Renegotiated Rents, Shaved 20%-30% Of 2008 Level

Lender Raiffeisen Bank has renegotiated the rents it pays in Romania, obtaining a 20%-30% reduction from 2008 levels, Thursday said Vladimir Kalinov, Vice-president Retail Division.

Andrei Cîrchelan · 29.09.2011 · 15:20 · 1 min
Magheru Boulevard Is World’s 46th Most Expensive Retail Location - Survey
Retail&Consumer

Magheru Boulevard Is World’s 46th Most Expensive Retail Location - Survey

The Magheru boulevard in Bucharest ranked 46th in a Cushman&Wakefield chart of the most expensive 63 boulevards in the world, with respect for the rent paid in these locations.

Andrei Cîrchelan · 01.09.2011 · 19:17 · 1 min
DTZ: Low Office Space Deliveries In Bucharest May Predict Higher Rents
Real Estate

DTZ: Low Office Space Deliveries In Bucharest May Predict Higher Rents

Developers delivered ten times less office space in Bucharest in the first half of this year, compared to the same period of 2010, namely 12,950 square meters, which could mean rents would g...

Andrei Cîrchelan · 13.07.2011 · 12:46 · 1 min
Colliers: Magheru Ranks 65 In EMEA High Street Rents Chart
Real Estate

Colliers: Magheru Ranks 65 In EMEA High Street Rents Chart

Bucharest’s Magheru Boulevard posted some of the greatest declines in high street retail rents over the past several years among Europe, Middle East and Africa (EMEA) states, ranking 55 of 1...

Andrei Cîrchelan · 14.06.2011 · 16:15 · 1 min