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RESIDENTIAL

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Real Estate

Coldwell Banker: 2016, Best Year For Romanian Residential Market

2016 will be the best year for the Romanian residential market, with a record number of finalized housing units and an increase of transactions, according to a study by Coldwell Banker Affil...

Gabriela Stan · 24.11.2016 · 11:44 · 1 min
Iasi Saw Highest Increase In Number Of New Homes In 2015
Real Estate

Iasi Saw Highest Increase In Number Of New Homes In 2015

About 45,000 new homes were delivered in Romania last year, on a market dominated by the First Home scheme, where a price of less than EUR60,000 is most important.

Loredana Frățilă-Cristescu · 26.09.2016 · 09:27 · 2 min
Impact Invests EUR44M In Third Stage Of Greenfield Baneasa Residential Compound
Real Estate

Impact Invests EUR44M In Third Stage Of Greenfield Baneasa Residential Compound

Romanian real estate developer Impact Developer&Contractor (IMP.RO) will invest EUR44 million in developing the third stage of Greenfield Baneasa residential compound, the company said in a...

Gabriela Stan · 18.08.2016 · 11:21 · 1 min
Romania Ranks 5th In Europe By Residential Property Price Hike
Real Estate

Romania Ranks 5th In Europe By Residential Property Price Hike

Romania ranks 5th in Europe by the price increase for residential property in the first six months of the year, but the price of EUR900/sqm is one of the lowest among 15 analyzed European st...

Gabriela Stan · 12.07.2016 · 13:01 · 1 min
Globalworth Makes EUR1.5M Rental Income From Residential Property
Real Estate

Globalworth Makes EUR1.5M Rental Income From Residential Property

Greek businessman Ioannis Papalekas, who established and runs property investment company Globalworth, makes EUR1.5 million income a year from renting 200 apartments in the Upground Towers c...

Loredana Frățilă-Cristescu · 22.06.2016 · 00:00 · 1 min
Immofinanz In Talks To Sell Real Estate Developer Adama
Real Estate

Immofinanz In Talks To Sell Real Estate Developer Adama

Real estate developer Immofinanz, one of the largest actors of the Romanian real estate market, is in talks to sell residential developer Adama, sources told ZF.

Loredana Frățilă-Cristescu · 02.06.2016 · 09:42 · 1 min
Qfort Door And Window Manufacturer Owner Invests EUR20M In Residential Development
Real Estate

Qfort Door And Window Manufacturer Owner Invests EUR20M In Residential Development

Stefan Cherciu, the majority shareholder and chairman of the Qfort window and door systems manufacturer Casa Noastra based in Craiova, is developing a seven apartment building complex in the...

Loredana Frățilă-Cristescu · 18.02.2016 · 11:13 · 2 min
Hanner: Customers Earning Over EUR1,000/Month Will Be Able To Afford Higher Down Payment
Real Estate

Hanner: Customers Earning Over EUR1,000/Month Will Be Able To Afford Higher Down Payment

The developers of residential projects where apartments are priced at almost or above EUR100,000 say the debt discharge law as it is now and the down payment hike by banks to 35% and 40% for...

Loredana Frățilă-Cristescu · 10.02.2016 · 00:00 · 2 min
Nusco: We Have 50 Hectares Of Land For Residential Development
Real Estate

Nusco: We Have 50 Hectares Of Land For Residential Development

Italian Nusco group, held by the family by the same name, is developing two residential projects in Romania. This is the latest bet of the group, which also operates on the office space mark...

Loredana Frățilă-Cristescu · 05.02.2016 · 00:00 · 2 min