Real Estate
IMPACT Operating Profit Soared 270% In 2016, To RON25.5M
Romanian real estate developer Impact Developer & Contractor SA (IMP.RO) on Wednesday said it registered an operating revenue of over RON152 million in 2016, up 30% on the year, and an opera...
JLL Appoints New Head Of Industrial Department For Romania
Real estate consulting firm JLL has appointed Costin Banica as head of industrial department for Romania, effective 17th February 2017.
Start Of 2017 Below Expectations, Retail And Real Estate Companies Say
January 2017 performed below expectations for the retail and real estate companies, which blame it on the cold and snow that cut Romanian consumers’ appetite for spending.
Eurobank: Stagnation Will Continue On Romanian Residential Market, With Signs Of Price Recovery
The price stabilization, alongside an average annual growth of 0.9% registered in the last five years, indicates that the stagnation will continue on the Romanian residential market, with si...
Imobiliare.ro: Apartment Prices In Romania Rose 1.3% In January
Average prices of apartments put up for sale across Romania rose 1.3% on the month in January, to EUR1,064 per sqm, and also increased 9.6% compared with EUR971 per sqm in January 2016, acco...
Portland Plans To Develop Office Space Project On BlueHouse Land
Greek-held BlueHouse Capital is in talks with UK’s Portland Trust to sell a plot of land near Romexpo complex (northern Bucharest), market sources say. The possibility of a joint venture is...
Brasov, New Destination For Mall Developers
Brasov has become a new place of interest for retail developers who want to build new malls in the city.
Coldwell Banker: Home Construction In 2017 To Keep Last Year’s Pace
The construction of homes in 2017 will keep the pace registered in 2016 when some 13,000 homes and apartments were completed in capital Bucharest, according to Gabriel Voicu, head of new hom...
Palace Estate Brokered Transactions Of EUR10M With Premium Properties In Bucharest In 2016
Real estate consulting and brokerage company Palace Estate brokered transactions worth EUR10 million in 2016, involving premium properties in Bucharest, and expects high demand in 2017 on th...