Real Estate
PAID Seeks 10% Premium Growth This Year Following Advisory Campaign
The Romanian Pool of Insurance against Natural Disasters (PAID), which issues mandatory home insurance, wants to invest 1% of last year's revenues in an advisory campaign that it hopes will...
Bouygues Ready To Get Back To Work In Romania
French builder Bouygues is getting ready to take on construction projects again in Romania, after having put the local business on stand-by at the onset of the crisis in 2008-2009.
Insolvent Real Estate Project Pipera City Has EUR76M Debts
The debts of real estate project Pipera City, which went insolvent in 2012, total 340 million lei (EUR75.5 million), out of which lender Bancpost will have to recover over RON102 million, ac...
CRH Confirms Talks Over Lafarge, Holcim Assets
Irish cement maker CRH on Thursday confirmed talks for the acquisition of certain assets ahead of the planned merger between French group Lafarge and Swiss construction materials maker Holci...
Dedeman Plans To Invest Over EUR60M To Open At Least 4 New Stores In 2015
DIY retailer Dedeman, owned by brothers Adrian and Dragos Paval, has earmarked investments of more than EUR60 million for 2015 in network expansion, with the retailer set to open at least fo...
Eurostat: Romania 3Q 2014 House Prices Fall At 3rd Fastest Pace In EU
Romanian house prices fell 2.3% in the third quarter of 2014, from the year-earlier period, the third largest decline in the European Union, official data showed Wednesday.
Budgets For Bucharest Luxury Apartments At Around EUR250,000 In 2014
The budgets for luxury apartments and villas in northern Bucharest were between EUR200,000 and EUR250,000 last year, while the maximum amount spent for such an apartment was EUR1.45 million,...
Bucharest Office Market, 20 Times Cheaper Than Hong Kong, World's Most Expensive
Bucharest's office market is more than 20 times cheaper than Hong Kong, the world's most expensive market, and half of Warsaw, as $100 million buys 32,000 square meters of office space in Bu...
Immochan Starts Second Stage Of Coresi Retail Center In Brasov This Summer
Immochan, the real estate division of French retail group Auchan, plans to start this summer the second stage of works on the Coresi shopping center in Brasov, consisting of 13,500 square me...