Real Estate
Impact Closed EUR23.85M Contracts For Greenfield Baneasa Project In 1H
Romanian real estate developer Impact Developer&Contractor (IMP.RO) closed over 300 contracts for the sale of apartments in Greenfield Baneasa residential compound in January-June, totaling...
Napochim Imobiliare Seeks EUR15M Financing
Real estate company Napochim Imobiliare plans to get a loan of maximum EUR15 million from any bank in Romania to fund a real estate development of 10,300 sqm.
Brexit Turns Romanians In UK’s Attention To Romanian Residential Market
The interest of Romanians in UK for new homes in Romania has driven up real estate websites’ traffic by at least 30% and developers expect to close the first deals.
Imobiliare.ro: Apartment Prices In Romania’s Big Cities Fell After Enforcement Of Debt Discharge Law
Only a month after the enforcement of the debt discharge law, apartment prices in capital city Bucharest and across Romania saw declines of 0.7% to 4% on the residential segment, according t...
ING In Talks With Vastint Over Space In Business Garden Bucharest
ING Bank, the local branch of the Dutch group, is in talks with Inter Ikea’s real estate arm Vastint over renting office space in Business Garden Bucharest that Vastint is building in the Ba...
CA Immo Romania Official: Romania Is One Of Best Markets In The Region
Romania is a stable and very good market for CA Immo, placing among the best in the region, as seen in the last five years which constantly brought an occupancy rate of over 97%, said Marian...
Old Apartment Prices In Bucharest Reach Five-Year High In June 2016
The average price of old apartments in capital city Bucharest rose to EUR79,650 in June 2016 from EUR78,400 a month ago, which translates into an increase of 1.59%, or EUR1,250, according to...
PeliFilip Assisted Argo Group In Sale Of Shopping City Sibiu To NEPI, A EUR100M Transaction
Law firm PeliFilip assisted Argo Group in the sale of retail park Shopping City Sibiu to South-African investment fund New Europe Property Investments (NEPI), in a transaction worth EUR100 m...
DTZ Echinox: One Million Housing Units Built In Romania After 1989
The number of housing units built in Romania after 1989 exceeded, in the first quarter of 2016, the threshold of one million, while the overall stock of houses and apartments countrywide amo...