Real Estate
Immofinanz Revenues In Romania Dropped To EUR35.2M In May 2014- January 2015
Austrian real estate developer Immofinanz had revenues of EUR35.2 million in the first nine months of the 2014/2015 financial year (May-January) from the rental of its 15 properties in Roman...
Prefab Bucuresti Aims For 50% Growth In 2015
Construction materials manufacturer Prefab Bucuresti (PREH.RO) should see growth of 50% in revenue to about 86 million lei (EUR19 million) this year, driven by higher sales of precast concre...
NEPI Names Romanian Executive At The Helm Of Promenada Floreasca
South-African investment fund NEPI, the biggest investor in Romanian real estate, hired Sebastian Mahu, the head of property management department at real estate consultancy DTZ Echinox, to...
Ten Major Events Expected On The Romanian Real Estate Market In 2015, Possibly The Best Post-Crisis Year
Real estate market players expect 2015 to be the best year after the crisis by the number of new projects, deals, gained investors, funding or rental contracts. Ziarul Financiar has pinpoint...
Yves Rocher Wants To Reach 50 Cosmetics Stores In Romania By 2020
French cosmetics producer Yves Rocher, which has been operating a retail network and mail order sales system in Romania for more than a decade, wants to reach 50 stores in Romania by 2020, f...
Finance Ministry Scraps Planned Increase In Property Tax
Romania’s Finance Ministry on Monday said it decided to no longer introduce in the Tax Code draft the proposition to increase taxes on residential property.
Government Raises Property Tax In Updated Tax Code Draft
Romania's government raises taxes on residential property even more as of next year, according to an updated draft of the Tax Code, from the draft presented a month ago.
Carrefour Romania Moves To Green Court Bucharest
Carrefour Romania has leased 6,850 square meters, or nearly 40%, of the second building of Green Court Bucharest office compound developed by Swedish group Skanska in Bucharest’s Floreasca a...
Low Supply Boosts Rents On 3 And 4-Room Apartments In Bucharest
Rents on three and four-room apartments in Bucharest increased the most in the past year in Bucharest, by up to 8%, on low supply, while rents on two-room apartments rose marginally and stud...