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Hotel Club Estival Puts Up For Sale Constructions, Land Plots In Olimp Resort For Minimum EUR6M
Real Estate

Hotel Club Estival Puts Up For Sale Constructions, Land Plots In Olimp Resort For Minimum EUR6M

Shareholders of Hotel Club Estival (CLUB) will decide in January on the sale of several constructions and land plots in Olimp seaside resort, for minimum EUR6 million (approximately RON26.5...

Gabriela Stan · 23.12.2015 · 11:28 · 1 min
Cluj-Napoca Apartments, Most Expensive In 4Q
Real Estate

Cluj-Napoca Apartments, Most Expensive In 4Q

Cluj-Napoca has outranked Bucharest for the first time by average apartment prices, in the fourth quarter of 2015, according to a study of real estate website imobiliare.ro and Analize Imobi...

Gabriela Stan · 22.12.2015 · 14:35 · 2 min
Immochan To Develop Third Stage Of Coresi Project In Brasov
Real Estate

Immochan To Develop Third Stage Of Coresi Project In Brasov

Immochan Romania, part of French group Auchan, will be developing, in partnership with Avantgarden Immo Invest, the third stage of works on the Coresi project in central city of Brasov, with...

Ecaterina Craciun · 17.12.2015 · 14:42 · 1 min
Immofinanz Rental Income In Romania Flat In 1H Of 2015/2016 Financial Year
Real Estate

Immofinanz Rental Income In Romania Flat In 1H Of 2015/2016 Financial Year

Austrian property investor Immofinanz Thursday said its rental revenues in Romania stagnated to EUR22.2 million in the first half of the 2015/2016 financial year (May-October period), accoun...

Ecaterina Craciun · 17.12.2015 · 13:50 · 1 min
DTZ: Office Space Deals Up 10% In January-September
Real Estate

DTZ: Office Space Deals Up 10% In January-September

Office space transactions rose by approximately 10% in January-September compared with the corresponding period a year before, according to real estate consulting firm DTZ Echinox.

Gabriela Stan · 16.12.2015 · 18:25 · 1 min
Foreign Retailers Own 230 Hectares Of Hypermarkets And Supermarkets In Romania
Retail&Consumer

Foreign Retailers Own 230 Hectares Of Hypermarkets And Supermarkets In Romania

The 12 foreign networks operating in Romania’s modern retail sector currently hold 2.3 million square meters (230 hectares) of hypermarkets, supermarkets, discount and cash & carry stores.

Loredana Frățilă-Cristescu · 15.12.2015 · 10:09 · 2 min
Gealan 2015 Sales Seen Flat At EUR20M
Real Estate

Gealan 2015 Sales Seen Flat At EUR20M

Window PVC profile maker Gealan Romania will end 2015 with sales of EUR20 million, similar to last year’s turnover, the company said in a statement Monday.

Gabriela Stan · 14.12.2015 · 17:28 · 1 min
Real Estate

Five Top Banks Looking For Buyers For 3,700 Foreclosed Homes

BCR, BRD, Banca Transilvania, Raiffeisen and CEC Bank, some of the largest lenders in Romania whose websites show information about foreclosed homes, are looking for buyers for about 3,700 s...

Loredana Frățilă-Cristescu · 11.12.2015 · 10:51 · 2 min
Regatta Real Estate: 98% Of Romanians Seeking A Home Search For Information Online
Real Estate

Regatta Real Estate: 98% Of Romanians Seeking A Home Search For Information Online

Most of the Romanians seeking a house or apartment (98%) are searching for information regarding the available properties online, according to real estate consultancy firm Regatta Real Estat...

Gabriela Stan · 10.12.2015 · 12:50 · 1 min