Real Estate
Susli: We've Made Offers To Buy Praktiker Store Spaces
After buying the operations of German group Praktiker in Romania earlier this year, Turkish-born businessman Omer Susli wants to buy the spaces where the stores operate.
Weight Loss Surgery Hospital Ponderas Relocates To Office Building
Weight loss surgery hospital Ponderas will move from the Dristor area of Bucharest to Art Business Center office building on Nicolae Caramfil Street in the north of the city early next year,...
NEPI 9-Month Profit Up 26% On Year, At RON45.4M
South-African investment fund New Europe Property Investment (NEPI) on Friday said its profit attributable to stockholders rose 26.2% to EUR45.35 million in January-September 2014, due to ne...
State Property Authority Misses Revenue Target For Third Year Running, Widens Loss
Romania's state property authority RA-APPS continued to ignore real estate consultants' warnings and failed to reach its revenue target from the sale of state property for the third year in...
Uniqa Real Estate Management Repositions Floreasca Tower
Uniqa Real Estate Management, the company that manages the real estate portfolio of Austrian insurance group Uniqa, is trying to reposition the Floreasca Tower office building in northern Bu...
Romanian Office Furniture Market Readies For Growth In 2015
Office furniture sales are likely to rise by 5% in 2015, after the first signs of a pickup this year following a decline that started five years ago.
BCR Gets Additional RON138M Guarantees For First Home Loan Program
Romanian lender Banca Comerciala Romana (BCR) received additional guarantees for First Home mortgage lending program worth 138 million lei (EUR33.40 million), the bank said Wednesday.
Prices Of 3-Room Apartments In Bucharest Go Down Again
Asking prices of old 3-room apartments in Bucharest dropped in October by 1.8%, or EUR1,350, to EUR74,500, according to ZF Real Estate Index compiled in partnership with real estate consulta...
INS: Romania’s Construction Output Rises In September
Romania’s construction output rose in September compared with the previous month, but it still is lower than last year, official data showed Tuesday.