Real Estate
Romania Housing Permits Up 2% To 17,749 In First 6 Months
Romanian housing permits rose 2% on the year to 17,749 units in the first year-half, the country’s statistics institute INS said Monday.
EXCLUSIVE: Romania To Hike Apartment Tax, Cut Tax On Large Homes
The tax on apartments located in buildings more than three stories high, which include eight housing units, and on dwellings located in old buildings more than 30-50 years old will see a sli...
CFR Signs RON122M Contract For Upgrades On Danube Railway Bridges
Romania's state-owned railway company CFR signed Monday a RON122.6 million contract, net of VAT, with the association Arcada Company - Metabet - Compania Constructii Feroviare for the rehabi...
Office Space Leases Up 27% In Bucharest In 1H
Office space leased in Bucharest totaled 132,000 square meters in the first half of the year, 27% more than in the same period last year, and 40% of the leases were in existing office buildi...
Negotiations For Swan Office Park Sale Failed, Creditors Adopt New Strategy
Creditors will adopt a new strategy for the sale of insolvent office compound Swan Office & Technlology Park located in Pipera-Tunari, after the liquidator, Transilvania Insolvency House, fa...
Immochan Invested So Far EUR35M In Building Coresi Shopping Center In Brasov
Immochan, the real estate division of France’s Auchan, invested so far EUR35 million in Brasov-based Coresi Shopping Resort, which is 60% completed, the company announced Friday.
AFI Palace Retailers Registered 10% Higher Sales Of Over EUR100 In 1H/2014
Retailers hosted by Bucharest’s shopping center AFI Palace Cotroceni, excluding hypermarket Auchan, registered a 10% rise in sales to over EUR100 million in the first half of 2014.
CBRE: 15 Land Transactions, Worth Over EUR50M, Closed In January-June In Romania
The number of transactions with plots of land for developing real estate, retail and production spaces, rose in the first six months, as 15 big land transactions were closed, worth over EUR5...
Cristescu Brothers Invest EUR6M In Adventure Park In Tourist Complex In Orastie
The Cristescu brothers are investing EUR6 million in building an adventure park in the Arsenal Park tourist complex in Orastie, Hunedoara county, said complex owner Marius Cristescu.