Real Estate
Eurostat: Romania Ranks 11th Among EU States By House Price
Romania ranks 11th among the states in the European Union by house price, registering a 2.9% price increase in 2015 compared with 2010, according to Eurostat data.
Regatta Real Estate: Over 90% Of Romanians Seeking A Home Search For Information Online
Over 90% of the Romanians seeking a house or apartment are searching for information regarding the available properties online, according to real estate consultancy firm Regatta Real Estate.
BNP Paribas Real Estate Appoints New Country Manager For Romania
BNP Paribas Real Estate has appointed Olga Melihov at the helm of the company’s division in Romania.
EUR42.5M Transaction On Industrial Space Market: Papalekas Buys Dacia Warehouse From Simon Roth
Investment fund Globalworth Real Estate Investments, run by Greek businessman Ioannis Papalekas, bought for EUR42.5 million the warehouse leased by Dacia near Oarja, in the vicinity of the B...
ING Bank Hikes Down Payment For First Home Loans On Lower State Guarantees For Old Homes
ING Bank decided to increase the down payment required on mortgage loans contracted through government-guaranteed mortgage lending First Home program from 5% to 10% due to the decrease of th...
NEPI Says Promenada Extension Hindered By Difficulty In Securing Permits
South African-held real estate developer NEPI, which owns EUR1.8 billion real estate assets in Romania, is complaining for the first time about how difficult it is to get permits for the con...
Activ Property Services: Romanian Real Estate Market Remains Less Transparent Than Other Markets
The number of transactions on the office market remains below Romania’s potential because foreign investors are lured rather by Central Europe, said Florian Gheorghe, head of research within...
Iulius Group Starts Construction Of Three New Buildings Within Multifunctional Project Openville
Iulius group, the real estate developer run by businessman Iulian Dascalu, will start, this spring, the construction of three new Class A office buildings within multifunctional project Open...
Number Of Employees Working In A&B Class Office Space Seen Up To 260,000 By Yearend
The number of employees working in Bucharest A&B class office space stood at 233,000 at the end of last year, the highest level in the last three years, and 30,000 higher than in 2015, while...