Real Estate
Romania Housing Permits Up 3.1% In First Half
Romanian housing permits went up 3.1% to 18,299 units in the first six months of the year, the country’s statistics institute INS said Wednesday.
Immofinanz Starts Works On 140,000 Sqm Logistical Project Near Bucharest
Austrian developer Immofinanz has started works on a logistical project in Mogosoaia, near Bucharest, with a leasable area of 140,000 square meters, of which a first stage, consisting of 40,...
Anchor: Romania’s Real Estate, Retail Markets Seen On Positive Trend
The Romanian real estate and retail sectors are seen on positive trend, according to Affan Yildirim, the new general manager of Turkey’s Anchor Grup, the developer thus starting several inve...
Asking Prices For Apartments In Bucharest Rose 3% In 1H
Asking prices for apartments in Bucharest increased by 3% on average in the first half of the year, but declined 4% for apartments on the city outskirts, according to a study by real estate...
AFI Europe Gets EUR39M Financing From Leumi For AFI Park 4, 5
Real estate developer AFI Europe has signed a financing agreement worth EUR39 million with Bank Leumi Romania, for completing the construction of office buildings AFI Park 4 and 5, the fourt...
Over 15,600 Guarantees Granted Under First Home Program In 1H 2015
Romania's national guarantee fund for SMEs (FNGCIMM) has granted over 15,600 guarantees under the government-backed mortgage lending First Home program in the first half of the year, up 40%...
Iulius Group To Invest EUR220M In Real Estate Project In Timisoara
Iulius group, owned by businessman Iulian Dascalu, will invest EUR220 million in a development in Timisoara, that will include offices, retail spaces and entertainment areas.
AFI Buys 40,000 Sqm Land In Brasov To Build Shopping Mall And Offices
AFI Europe has bought a plot of 40,000 square meters in the center of Brasov, where it plans to build a shopping center with a leasable area of 45,000 sqm and a class A office development of...
Apartment Prices Rose In Romanian Cities In 1H, Except In Bucharest
The average asking price for new and old apartments in Romania rose 4.7% in the first half of the year compared to the end of 2014, to EUR933/ square meter, while prices in Bucharest decline...