Real Estate
Arabesque Sees End Of Sales Decline
Construction material distributor Arabesque held by low-profile Galati entrepreneur Cezar Rapotan, saw flat sales of 1.5 billion lei (EUR337 million) in 2014, thus ending the decline of 2012...
Accor Sees Room For Development In Romania, Discusses Options
There is room for development of new hotels in Romania, says Frank Reul, the Belgian executive put in charge of the operations of the French hotel chain Accor in Romania, Macedonia and Bulga...
ZF Construction & Infrastructure ’15: One Euro Spent In Construction Generates Three In Economy
The construction sector valued at about EUR9 billion showed the first signs of a rebound early this year, but companies in the industry say it is too early to talk about a sustainable recove...
Isarescu: Which Bank Will Grant Loans If Debtors Repay With Buildings?
Any legislative act that will allow debtors to repay their loans with the mortgaged properties will totally inhibit lending, said Mugur Isarescu, governor of the Romanian central bank.
CBRE Romania: Office Segment Is The Star Of Real Estate Market
The office segment is the driver of the real estate market in Romania, with record growth, as 33% of all demand in the first quarter was new demand, not relocation, Mihai Paduroiu, head of o...
Secure Property Buys Praktiker Craiova And Three Other Properties For EUR23.2M
Investment fund Secure Property Development & Investment (SPDI) bought the Praktiker store in Craiova, 24.4% of the Delea Noua Office Building in Bucharest and residential assets in northern...
Tiriac In Talks With Tariceanu Over Ford Center In Baneasa
Tiriac group is in talks to rent the Ford center in Metro Baneasa area, held by Automotive Trading Services (ATS), the dealer of the brand in the northern part of Bucharest.
Romania Posts Highest Increase In Construction Output In EU In 1Q/2015
Romania’s production in the construction sector rose 13.4% on the year in the first quarter of 2015, the highest increase in the European Union, according to the EU's statistics office Euros...
AFI Europe Rental Revenue In Romania Neared EUR9M In 1Q
AFI Europe Romania had net operating revenue of nearly EUR9 million in the first quarter, 8.1% higher than in the first quarter of 2014, mainly driven by its two new office buildings in Buch...