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Liebrecht&wooD Invested Nearly EUR200M In Romania In 15 Years
Real Estate

Liebrecht&wooD Invested Nearly EUR200M In Romania In 15 Years

Belgian real estate developer Liebrecht&wooD has invested nearly EUR200 million on the Romanian market in the last 15 years, since entering the local market, and the group holds 115,000 squa...

Ecaterina Craciun · 28.03.2016 · 17:34 · 1 min
TIMON: Realtors Put Up For Sale 1,500 New Homes, Following EUR200M Investments
Real Estate

TIMON: Realtors Put Up For Sale 1,500 New Homes, Following EUR200M Investments

Real estate developers have launched 20 new residential projects at the spring edition of tIMOn real estate fair, which include over 1,500 apartments, following investments of over EUR200 mi...

Gabriela Stan · 24.03.2016 · 14:24 · 1 min
CTP Mulls Stock Extension To 1 Million Square Meters In Romania By 2018
Real Estate

CTP Mulls Stock Extension To 1 Million Square Meters In Romania By 2018

Industrial and logistics space developer CTP Romania, the most active buyer on the local real estate market in 2015, plans to extend its stock to 1 million square meters by the end of 2018.

Gabriela Stan · 24.03.2016 · 13:41 · 1 min
Number Of Real Estate Deals Up To Over 890,000 In 2015
Real Estate

Number Of Real Estate Deals Up To Over 890,000 In 2015

The number of real estate deals in Romania increased by more than 65,000 last year compared with 2014, bringing the total to 890,169 real estate transactions across the country, the national...

Oana Gavrila · 24.03.2016 · 11:44 · 1 min
JLL: Foreign Investors Keep A Close Watch On Financing, Political Situation And Justice In Romania
Real Estate

JLL: Foreign Investors Keep A Close Watch On Financing, Political Situation And Justice In Romania

Foreign investors, mainly those who already are in Romania, are aware of the good economic fundaments, but they also keep a close watch on the situation in the justice system, given that cor...

Ecaterina Craciun · 23.03.2016 · 18:04 · 1 min
Financial Services Software Firm Misys Pre-Leased 8,000 Sqm In Orhideea Towers
Real Estate

Financial Services Software Firm Misys Pre-Leased 8,000 Sqm In Orhideea Towers

Austrian investment fund CA Immo pre-leased a surface area of 8,000 square meters of office space in Orhideea Towers to financial services software firm Misys International Financial Systems...

Ecaterina Craciun · 23.03.2016 · 15:04 · 1 min
Fitch: Law On Debt Discharge Threatens Romanian Banks Recovery
Banks-Insurance

Fitch: Law On Debt Discharge Threatens Romanian Banks Recovery

The proposed law on debt discharge, allowing retail mortgage borrowers to return real estate collateral to banks in exchange for writing off their loans, could disrupt the Romanian banking s...

Gabriela Stan · 23.03.2016 · 12:25 · 1 min
Romanians Need Two Months To Find A Home - RE/Max Study
Real Estate

Romanians Need Two Months To Find A Home - RE/Max Study

Romanians need two-three months to find a new home, similar with the European average, as more and more new homes have been delivered lately, said Razvan Cuc, RE/MAX Romania president.

Gabriela Stan · 23.03.2016 · 12:07 · 1 min
Mastermind Of Inditex Expansion Returns Takes Reins Of Openville Timisoara
Real Estate

Mastermind Of Inditex Expansion Returns Takes Reins Of Openville Timisoara

Mihai Cioltea, the Romanian executive who steered the expansion of the Inditex group (Zara owner) in Romania, Kazakhstan and Russia, took the position of chief executive of the Openville pro...

Loredana Frățilă-Cristescu · 22.03.2016 · 09:01 · 1 min