Real Estate
Number Of Apartments Completed In 2015 Up 5% To 47,000 Units
The number of apartments finalized last year in Romania rose 5% on the year, to approximately 47,000 units, a level exceeded only in 2010, when the number of finalized apartments rose by nea...
Iulius Group To Complete Two Office Buildings In Iasi In H1
The Iulius group of Romanian businessman Iulian Dascalu will complete two office buildings in the Palas Iasi complex in the first half of this year, thus expanding the office space stock the...
Atlantis Romania To Deliver 20 New Villas In Corbeanca This Spring
Atlantis Romania will finalize this spring the EUR3 million investment in Omnis Residence project in Corbeanca, started back in 2011, which includes 20 villas.
Disappearance Of First Home Program Can’t Be A “Defining Element” In Romania – Real Estate Analyst
The disappearance of the government-backed mortgage lending First Home program after the implementation of the law on debt discharge does not represent “a defining element” in Romania, accor...
Bucharest Has Room For More Malls, Experts Say
On a constantly expanding market where shopping centers continue to open, only two areas of Bucharest have yet to be covered – the center and the northwest of the city.
Nearly 550 Premium Apartments To Be Completed In Two Years In Northern Bucharest
Approximately 550 premium apartments were under construction at the end of 2015 in northern Bucharest and will be finalized in the next two years, while the number of luxury homes to be deli...
Militari Shopping Center To Undergo EUR10M Expansion
Militari Shopping Center in western Bucharest, whose tenants include retailers like Auchan, Decathlon, Praktiker, Altex, H&M and C&A will add a World Class facility that will cover 2,500 squ...
OTP Bank To Grant First Home Loans Worth RON84M In 2016
OTP Bank Romania will grant mortgage loans worth RON84 million under the state guaranteed mortgage lending First Home program this year, based on the funds assigned by the national guarantee...
Apartment Prices In Romania Topped EUR1,000/Sqm In February, First Time In Last 4 Years
Prices of apartments put up for sale across Romania increased by 4.5% on the month in February 2016 and by 9.8% on the year, with the average price reaching EUR1,015/sqm and exceeding the ps...