Real Estate
NEPI Expects To Fully Lease Timisoara-Based City Business Centre In 2016
South-African investment fund New Europe Property Investments (NEPI) expects to fully lease this year the five-building project City Business Centre in Timisoara (western Romania), which cur...
Apartment Prices Rose 5% In Central And Northern Bucharest In 2015, But Fell In Other Areas
Asking prices for apartments in central, semi-central and northern areas of capital Bucharest rose 4.6% in 2015, while in the eastern, southern and western areas, they fell 1.87%, according...
RE/MAX Romania Brokered 300 Real Estate Transactions In 2015, Cashed Fees Of EUR1M
Franchise of real estate agencies RE/MAX Romania brokered some 300 transactions in 2015, worth a total EUR19 million, and cashed fees of approximately EUR1 million.
Half of Romanian Families Live In 1 Or 2-Room Apartments - Study
Nearly half of the families in Romania live in one or two-room apartments while 40% of them have three members, one third of the families have four members and 20% of them have five or six m...
CBRE: Real Estate Deals Down 45% In Romania, Up 19% In CEE In 2015
Real estate transactions with office, retail and industrial spaces fell 45% in Romania in 2015, to EUR644 million, from EUR1.16 billion a year before, while in Central and Eastern Europe, ex...
Office Space Lease Market Could Increase By 25% In 2016
Office space lease market could increase by 20-25% in 2016 due to the legislative changes and headquarters consolidations of certain multinationals, Alexandru Petrescu, ESOP Consulting manag...
SIF Moldova Develops Residential Complex In Bucharest
Regional investment fund SIF Moldova (SIF2.RO), which manages 1.5 billion lei (EUR337 million) assets, plans to start developing a residential complex on one of the plots of the former texti...
Czech Industrial Space Developer CTP Invested EUR300M In Romania In 2015
Czech industrial space developer CTP invested EUR300 million in 2015 in developing and acquiring logistics projects in Romania and plans to continue its expansion on the local market in upco...
Saint-Gobain Halts Glass Mineral Wool Production At Ploiesti Plant
Saint-Gobain on Monday halted glass mineral wool production at its Ploiesti-based plant for an undetermined period of time due to the impact of the financial crisis over the construction sec...