Real Estate
First Home Program Gets Additional Funding Of RON500M In 2016
The guarantee ceiling for this year’s government-guaranteed mortgage lending First Home program was supplemented by RON500 million, according to a decision adopted Wednesday by the governmen...
Banca Comerciala Carpatica Raises Required Down Payment On Mortgage Loans
Banca Comerciala Carpatica has decided to raise the down payment required on mortgage loans in lei from 15% to 28%, due to implementation of the law on debt discharge.
NEPI Posts EUR31.6M Revenues In January-March
South-African investment fund New Europe Property Investment (NEP.RO) reported revenues worth EUR31.6 million in the first quarter of 2016, up by nearly one third compared with the same peri...
Law On Debt Discharge Comes Into Force
The law on debt discharge came into force on Friday, 15 days after it was signed into law by Romanian President Klaus Iohannis and published in the Official Gazette.
Imobiliare.ro: Law On Debt Discharge Stimulated Apartment Demand, Price Hike In April
The talks related to the law on debt discharge stimulated the apartment demand and implicitly the price increase trend in April, according to real estate website imobiliare.ro.
ING Bank Raises Required Down Payment On Mortgage Loans
ING Bank has raised the down payment required on mortgage loans in lei from 15% to 25%, two days after the implementation of the law on debt discharge.
DTZ Echinox: Volume Of Land Transactions Doubled In 1Q
The volume of commercial land transactions doubled in the first quarter of 2016 compared with the same period a year before, to a total value of EUR35 million, according to real estate servi...
Real Estate Transactions In Romania Rose 30% In 1Q/2016
Romania continues to attract real estate investors further in 2016 in the context of stable macroeconomic indicators and perspectives for improvement, and due to more attractive yields compa...
Penny Market Builds Its Third Logistics Center In Romania, In EUR19M Investment
Penny Market, part of REWE Group, started the development of its third logistics center in Romania, near the town of Bacau (eastern Romania), and the total value of investment for the purcha...