Real Estate
Cemacon To Resume Brick Production At Its Plant In Zalau In Spring Of 2015
Romanian brick maker Cemacon (CEON.RO) will resume the manufacturing of ceramic blocks, in the first quarter of 2015, at its production facility in Zalau, which was slated into service in 20...
Two Romanian Investors Buy Policolor Plant Site To Build 6,000 Homes
Two investors that have built and sold about 1,500 homes in Popesti Leordeni, south of Bucharest, in the last five years have struck a deal to buy the site of Policolor paint plant on Theodo...
All First Home Applications To Be Approved In 2014 Under RON710M Budget
Prospective home-buyers under the First Home government-backed mortgage lending program have a budget of RON710 million available, as the government has reassigned guarantee funding from hom...
Immofinanz Revenues In Romania Decline With Loss Of Office Tenants
Austrian group Immofinanz's revenues declined to EUR11.6 million in the first quarter of the 2014/2015 financial year (May-July) from leasing its 16 properties in Romania, as it lost tenants...
Colliers: Real Estate Deals In Romania Expected To Reach Nearly EUR500M In 2014
The value of real estate investments could reach around EUR500 million in 2014, up over 60% from 2013, as at least two large transactions are to be completed in the next three months, Ilinca...
Number Of Real Estate Deals Up 5% In January-July
The number of real estate deals in Romania increased 5% on the year in January-July, to around 400,000, from 381,393 in the same period in 2013, the national cadastre agency ANCPI said Tuesd...
NEPI Seeks To Buy Promenada Mall From Raiffeisen Evolution
South-African investment fund New Europe Property Investment (NEPI) is negotiating the purchase of shopping center Promenada in Bucharest, an initial investment of EUR130 million.
Government Reassigns First Home Funding Unused By Housing Agency
Romania's government has reassigned funding left unused from the RON500 million guarantee budget for housing built by the National Housing Agency (ANL) under the "First Home" mortgage lendin...
CON-A Sees No Short Term Rebound In Romania's Constructions Sector
Sibiu-based construction company CON-A, owned by businessman Mircea Bulboaca, one of the 100 largest Romanian-held companies, had revenues of RON75 million (around EUR17 million) in the firs...