Real Estate
Bancpost Raises Required Down Payment On Mortgage Loans
Romanian lender Bancpost has raised the down payment it requires on mortgage loans to 33% for loans in lei and 43% for loans in euros, citing the possible impact of the debt discharge law th...
Globalworth Works On Last Details Of Office Building Bucharest One, A EUR100M Investment
Real estate investment firm Globalworth, founded and run by Greek businessman Ioannis Papalekas, is working on the last details of office building Bucharest One, built in northern Bucharest,...
Hanner: Customers Earning Over EUR1,000/Month Will Be Able To Afford Higher Down Payment
The developers of residential projects where apartments are priced at almost or above EUR100,000 say the debt discharge law as it is now and the down payment hike by banks to 35% and 40% for...
NEPI Profit Up 75.8% To EUR165.8M In 2015
South-African investment fund New Europe Property Investment (NEP.RO) on Tuesday said its net profit rose 75.8% on the year in 2015, to EUR165.825 million.
Volume Of Office Space Leased Outside Bucharest Rose 32% In 2015
The volume of office spaces leased last year outside capital Bucharest rose 32% to 49,661 square meters, with the largest volumes traded in Iasi city (17,682 sqm) and Timisoara city (13,043...
Over 1,500 Guarantees Worth RON133M Granted Under First Home Program Since Start Of 2016
Romania's national guarantee fund for SMEs (FNGCIMM) on Friday said it has granted over 1,500 guarantees worth a total RON133 million, under the government-backed mortgage lending First Home...
CTP Invest In Talks To Buy Bankrupt Swan Office Complex
Czech Republic’s CTP Invest, one of the most active companies on the Romanian property market, is eyeing the Swan Office & Technology Park in Pipera-Tunari north of Bucharest.
Nusco: We Have 50 Hectares Of Land For Residential Development
Italian Nusco group, held by the family by the same name, is developing two residential projects in Romania. This is the latest bet of the group, which also operates on the office space mark...
P3 To Build Warehouses On Additional 42,000 Sqm Nearly Bucharest
P3, the specialist owner, developer and manager of European logistics property, will build a third new logistics space this year, on a total surface area of 42,800 square meters, within the...