Real Estate
Adval Asset Management, Supported By JLL, Secures EUR6.7M Financing For Banu Antonache Office Building
Adval Asset Management, supported by JLL’s Capital Markets team, has secured the refinancing of EUR6.7 million for Banu Antonache Office Building, a 4.500 m² building delivered in 2006 and l...
Imobiliare.ro: Apartment Prices In Romania Up 8% On Year In November 2016
Prices of apartments put up for sale across Romania, in November, are 8.3% higher compared with the same period in 2015, namely, EUR964 per useful square meter, Imobiliare.ro said in a state...
Margescu, Forte Partners: Home In The South And Workplace In The North Is Not A Feasible Model
The development of Bucharest in the past few years has mostly focused on office buildings in the north of the city in Pipera and Barbu Vacarescu, along with tens of thousands of new homes in...
Growthpoint Becomes Largest Shareholder Of Globalworth
South African-based property fund Growthpoint Properties joined the shareholding structure of property investment company Globalworth, one of the most active investment funds on Romania’s re...
Africa Israel Investments To Sell All Five AFI Park Buildings For Over EUR164M
Africa Israel Investments of Israeli billionaire Lev Leviev has signed a non-binding letter of intent with a third party to sell the entire AFI Park office complex in Bucharest, according to...
Number Of Real Estate Deals In Romania Rose To 703,509 In January-September
The number of real estate deals in Romania stood at 703,509 in the first nine months of 2016, over 56,000 more than in the same period in 2015, according to the national cadaster agency ANCP...
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...
Aberdeen Asset Management In Talks To Sell Construdava Office Building
Construdava office building of Scotland-based investment manager Aberdeen Asset Management is about to be bought by residential developer Adamerica, as the talks between the two parties have...
NEPI Posts EUR105M Profit In January-September
South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, reported a net profit worth EUR105 million in the first nine mon...