Real Estate
Immofinanz Signs Lease Contracts For 37,000 Sqm Of Office Space In Bucharest
Austrian-held real estate developer Immofinanz has signed this year lease and lease extension contracts on the local office segment for surface areas of over 37,000 square meters in seven of...
Immofinanz Set To Sell Armonia Arad
Austrian-held real estate developer Immofinanz is putting up for sale Armonia Arad, which had operated as a mall until 2012, after which it was converted into an industrial and logistics cen...
Crosspoint Brokered Off-Plan Real Estate Deals Worth Over EUR3.5M In 1Q
Real estate consultant Crosspoint Real Estate, specializing in the luxury real estate segment, brokered, in the first quarter of 2016, transactions exceeding EUR3.5 million involving off-pla...
Sandor: Demand For Office Space In Timisoara And Cluj Rising Fast
Real estate developers have to build when the economy is in recession so as to have their products ready for companies when the economy recovers, believes Ovidiu Sandor, the Timisoara real e...
Financial Crisis Triggers Drastic Changes On The Real Estate Market - Study
The financial crisis has triggered drastic changes on the real estate market, as half of apartments demand is currently for homes of up to EUR60,000, while in 2008, 70% of the buyers were in...
Leu Mortgage Lending Doubles In One Year
The leu-denominated loans granted to consumers to buy homes have doubled to 21 billion lei (EUR4.7 billion) in the past year (March 2015 to March 2016), while foreign currency loans dropped...
Office Construction, Leader Among Segments Attracting Aluminium Solutions Market
The office construction sector generates the highest volumes of products in the field of aluminium solutions. Reynaers Aluminium Romania, developer of aluminum products for the building sect...
Euro Insol Appointed Judicial Liquidator Of Real Estate Compound Green City
Euro Insol on Monday said it was appointed judicial liquidator of real estate project Green City, a compound of 650 villas developed by businessman Dumitru Bucsaru by means of various firms...
Number Of Real Estate Deals Up 6% In January-March
The number of real estate deals in Romania increased by nearly 13,000 on the year in January-March, bringing the total to 211,901 real estate transactions across the country, the national ca...