Real Estate
Belvedere Wants To Build Over 1,500 Apartments In Pipera
Belvedere Residences, the biggest residential project in the Aviatiei - Barbu Vacarescu area, will set off in October and the first phase of the project, which includes 238 apartments, will...
ABDLR Study: 40% Of Romanian Homes Need Repair Works
Of the total 7,470,000 Romanian households, 16% face serious issues, 33.4% lack bathrooms, 32% lack a bathtub/shower and 40% need repair works, according to a study by Romanian Housing Banks...
DTZ Echinox: New Modern Retail Stock Seen 50% Higher In 2016
Romania’s modern retail stock totaled 3.38 million sqm at the end of June, of which shopping malls-57%, followed by retail parks-35% and commercial galleries-8%, according to a study by DTZ...
New Players Generate 1/3 Of Real Estate Investments In Romania In 2016
Commercial real estate markets in Central and Eastern Europe have attracted new global players this year, lured by the opportunities of investment in the region, while Romania follows the ge...
BCR: Mortgage Loans Demand Doubled After Recent Down Payment Cut
Romania's largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), hiked the down payment required on mortgage loans after the implementation of the debt discharge law, but it subseq...
Impact Plans To Buy Land In Bucharest To Develop 5-6 Projects On Medium Term
Romanian real estate developer Impact wants to increase its market share to 10% from 5% in the next three years, company head Bartosz Puzdrowski said Thursday.
Number Of Employees In Bucharest's Modern Office Buildings Rose To 216,661
The number of employees in class A and B office buildings in Romania’s capital city Bucharest reached 216,661 people at the end of the first half of 2016, 12,000 more than at the end of 2015...
Impact Contracts RON35M Loan To Finance Real Estate Project
Romanian real estate developer Impact Developer&Contractor (IMP.RO) said Monday it contracted a loan worth RON35 million from Libra Internet Bank, for a 48-month period, to finance the const...
Iasi Saw Highest Increase In Number Of New Homes In 2015
About 45,000 new homes were delivered in Romania last year, on a market dominated by the First Home scheme, where a price of less than EUR60,000 is most important.