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Real Estate

Industrial Space Rentals Reach Highest Level Since 2007 - CBRE

Industrial space rental volumes reached 164,700 sqm in the first half of the year in Romania, the highest level since 2007, with Bucharest being the most attractive city for investors, accor...

Andrei Cîrchelan · 25.08.2011 · 13:54 · 1 min
Real Estate

CBRE: Bucharest Office Pre-Letting Makes Second Quarter Comeback

The pre-let office areas in Bucharest rose 118% year-on-year in the second quarter, after a long interval with no contracts, according to a study published Wednesday by realty consultants CB...

Andrei Cîrchelan · 17.08.2011 · 13:34 · 1 min
GfK: Romanian Durable Goods Market Rose 12.4% In 2Q, To EUR306M
Retail&Consumer

GfK: Romanian Durable Goods Market Rose 12.4% In 2Q, To EUR306M

The Romanian durable consumer goods market increased by 12.4% in the second quarter of 2011 to EUR306 million, according to a GfK Temax survey released Tuesday.

Ioana Tudor · 16.08.2011 · 13:46 · 1 min
Banks-Insurance

One Third Of Romanians Have No Confidence In Banks

After around 10 years during which one could speak about retail banking in Romania, the banking industry, populated by dozens of lending institutions, is finding out the market has not gone...

Razvan Voican · 04.08.2011 · 00:00 · 2 min
Central Bank To Leave Key Rate Unchanged At 6.25% - Poll
Banks-Insurance

Central Bank To Leave Key Rate Unchanged At 6.25% - Poll

The central bank is likely to leave its key rate unchanged for the tenth straight time at 6.25% a year at its next monetary policy meeting August 3, the association of financial and banking...

Florentina Dragu · 29.07.2011 · 12:40 · 1 min
Real Estate

More Than Half Of Romanians Prefer Building Their Own House - Poll

Over 50% of Romanians would prefer to build a house from scratch against buying it ready-made, according to a survey of Wienerberger, the largest by brick maker in Romania.

Andrei Cîrchelan · 28.07.2011 · 17:31 · 1 min
Real Estate

Number Of Hotels, B&Bs Up For Sale Down 70% In 2011, Price Tags Reach EUR15M

The number of hotels and bed and breakfasts put up for sale on the Romanian Black Sea coast and mountain areas declined 70% in the first half of the year compared to January, with prices var...

Oana Gavrila · 21.07.2011 · 11:57 · 1 min
Real Estate

CBRE: Romania 1H Retail Space Deliveries Fall To 8-Year Low

Romanian property investors delivered 37,000 square meters of retail area in the first half of the year, the lowest level since 2003, a report from CB Richard Ellis (CBRE) showed Wednesday.

Florentina Dragu · 20.07.2011 · 13:09 · 1 min
Analysis

Romanian Consumers Among Most Pessimistic In The World - Nielsen Survey

Romanian consumers are among the most pessimistic in the world, according to a survey conducted by The Nielsen Company, based on consumers’ confidence in the labor market, their personal fin...

Ioana Tudor · 18.07.2011 · 13:33 · 1 min