Real Estate
AFI Europe Romania 1H Net Operating Income Up 8.4% At EUR20M
AFI Europe Romania registered net operating income of nearly EUR20 million in the first six months of 2015, up 8.4% on the year, the company said in a statement.
Developers To Add 150,000 Sqm Of Office Space In Bucharest In 2015
The year 2015 appears to be the most productive after 2011 in terms of new office space deliveries, with about 154,000 square meters (enough to accommodate 15,000 people) set to open by the...
150,000 First Home Loans Worth RON25B Granted Since 2009
The banks participating to the First Home scheme have granted more than 150,000 government-secured loans worth 25 billion lei (EUR6 billion) to people looking to buy a home since 2009.
Three-Room Apartment Prices Stable At EUR76,000 In H1
The average asking price of old three-room apartments in Bucharest reached some EUR76,250 in July, the same as in January this year, according to the real estate index compiled by ZF and rea...
Romania’s Construction Works Up In June; 1H Output Rises 10.9%
Romania’s construction sector stayed on a positive trend in June, concluding the best half for the industry in recent years.
Texas Pacific Group Acquires Hungarian TriGranit, But Romanian Portfolio Not Included
American company Texas Pacific Group (TPG) has acquired Hungarian property developer TriGranit, but the transaction does not include the portfolio in Romania, according to Hungarian media.
Martin Slabbert Resigns As NEPI CEO
Martin Slabbert, the South African who established investment fund NEPI in Bucharest eight years ago, the largest investor on the local real estate market, has stepped down as chief executiv...
Residential Compound Domenii Park Sold Over 50 Of A Total 63 Apartments
Domenii Park, an investment of EUR16 million carried out by Cyrom Investments during the crisis period, on Friday said it sold over 90% of the 63 apartments of the residential compound locat...
Immofinanz In Talks To Sell Portfolio Of Logistics Space, Which Includes Properties In Romania
Austrian developer Immofinanz is in talks with several potential investors regarding the sale of its portfolio of logistics space, which includes projects under development and properties wi...