Real Estate
Sika Romania Eyes Two-Digit Turnover Growth In 2015
Sika Romania forecasts a two-digit turnover growth in 2015, from nearly EUR21 million in 2014, on a moderate growth pace of the construction market in August to September after the positive...
Over 27.000 People Worldwide Accommodated In Romania Via Airbnb Platform In 2015
Around 27,000 persons worldwide used online platform Airbnb to accommodate in a Romanian-based apartment or villa, according to the data of US’ company Airbnb sent to ZF.
Apartment Prices In Romania Rose 1.5% In September
The average price of new and old apartments put up for sale countrywide increased by 1.5% to EUR964 per square meter in September this year, from EUR950 per sqm in August, and by 5.7% compar...
ParkLake Signs EUR83M Loan Agreement With OTP Bank Hungary, OTP Bank Romania, Hypo NOE
Shopping center ParkLake, developed by real estate companies Sonae Sierra and Caelum Development in Bucharest’s Titan district, has signed a EUR83 million loan agreement with OTP Bank Hungar...
Beneficiaries Of First Home Program May Buy A Bigger Home As Of October 1
Government-backed mortgage lending First Home program was amended as of October 1, so that the beneficiaries of a home bought through the program can buy a bigger, more expensive home guaran...
Expats’ Demand For Luxury Apartment Rentals Up By 7% In 2015
Expats’ demand for luxury apartment rentals in northern Bucharest rose this year by 7% on the apartment segment and by 5% on the villa segment, according to a study by real estate group Nord...
INS: Romania Housing Permits Rise 7.4% in Jan-Aug
Romania issued 27,037 housing construction permits in January-August 2015, 7.4% more than in the same period last year, the statistics institute INS said Wednesday.
Final Two AFI Park Office Buildings Get IT&C, Restaurant And Coffee Shop Tenants
Buildings 4 and 5 of the AFI Park office complex built by Israeli-held developer AFI Europe around the AFI Palace Cotroceni shopping center have been 20% pre-let, several months before inaug...
Timisoara Centrum Expanded Before Construction Start To Meet Demand
Alpha Group Investments, a division of Alpha Bank, and Ali Ergun Ergen, who used to run Plaza and Baneasa malls in Bucharest, are due to begin construction on a retail and office development...