RESIDENTIAL
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Alpha Bank Branches Out Into Real Estate Development
Alpha Bank, a top ten lender in Romania by assets, has set up its own real estate division to develop residential projects. The bank is thus trying to recoup some of the money invested in su...
Gran Via Buys Plot From Lidl For Residential Development In Northern Bucharest
Spanish-held Gran Via group, which developed the Timisoara 58 residential complex in western Bucharest, has recently bought an over 9,600 square meter plot of land from Lidl retail chain, pa...
Bucharest And Ilfov County Account For Over 25% Of New Homes Delivered In Q1
Bucharest and Ilfov County accounted for over 25% of the new homes completed in Romania in the first quarter, compared with 18% in the year-ago period, according to a ZF analysis based on Na...
Forte Partners Invests EUR70m In Office Developments In Bucharest
Real estate developer Forte Partners, founded by three businessmen - Geo Margescu, Ionut Dumitrescu and Johny Jabra, is preparing about EUR70 million investments in two office projects in Bu...
Policolor: Residential Sector Recovery To Show In Paint Demand This Summer And In 2016
The paint and coatings sector will not feel the growth of the residential sector that started last year any sooner than this summer, says Marius Vacaroiu, general manager of Policolor, one o...
Several Local Investors Plan To Build 5,000 Apartments In Southern Bucharest
Several Romanian investors plan to develop 5,000 apartments by next year in the southern part of Bucharest and bought 15 hectares of land for the first stage of the project.
Spanish Developer And Romanian Businessman Invest EUR5M In Residential Project In Bucharest
A Spanish developer in association with a Romanian businessman will invest EUR5 million in a residential project of 56 apartments in the Popa Nan area in Bucharest.
Developers Resumed Housing Construction In Central Areas In 2014, At Higher Costs
The construction of residences delivered in Bucharest last year cost more than in 2013, as developments were in more expensive locations and targeted the luxury and medium-high segments, acc...
Romanians Spent More Than EUR1B On Houses In 2013
Almost 36,000 houses up to two-story tall were built in Romania last year, following investments estimated at more than EUR1 billion, while only 4,500 apartments in apartment buildings at le...