Real Estate
Shimon Galon Leaves GTC After 15 Years
Shimon Galon, one of the savviest real estate developers on the Romanian market, has left GTC Romania after 15 years at the company’s helm. From this position he coordinated office, retail a...
DTZ: Office Spaces In Four Romanian Cities Up To 25% Lower Than In Bucharest
Costs with occupying class A office spaces in Romanian cities of Cluj, Iasi, Timisoara and Brasov are up to 25% lower than in capital city Bucharest, with the total office space stock in the...
Apartment Prices In Main Romanian Cities Up For 2nd Straight Month
The average apartment prices in the five main Romanian cities rose in February by 1.8% on the month to EUR919/sqm, increasing for the second month in a row, according to imobiliare.ro websit...
INS: Romania Housing Construction Down 6% In 2013
Romanian housing construction fell 5.8% to 40,071 units in 2013, from 42,566 in the previous year, official data showed Wednesday.
Bankrupt Swan Office Park Finds Two More Tenants
Swan Office Park office complex in Pipera, northern Bucharest, which went bankrupt on more than 370 million lei (EUR82 million) debt in mid October 2013, has found two new tenants in the las...
Jones Lang LaSalle Shortens Name To JLL
Jones Lang LaSalle announced Tuesday that it shortened its name to JLL and introduced a refreshed logo.
NEPI Shareholders To Opt Between Dividend, Return Of Capital From 2H/13 Profit
South-African property investment fund New Europe Property Investments, or NEPI (NEP.RO), Tuesday informed its shareholders they may choose between receiving new shares in the fund worth a t...
Number Of Real Estate Deals In Romania Rose Over 8% In January
The number of real estate deals in Romania increased 8.2% on the year in January, to 59,701, the national cadastre agency ANCPI said Tuesday.
Coldwell Banker: Romanians Reluctant To Buy Foreclosed Apartments
Romanians are reluctant to buy foreclosed homes, says Valentin Ilie, chief executive officer of real estate consultant Coldwell Banker Affiliates of Romania, and one of the reasons is that e...