Real Estate
Number Of Real Estate Transactions Up 8% In January-November 2013
The number of real estate transactions rose 8% between January and November 2013, at 432,000, while the state tax for those transactions also rose by 8%, at 493 million lei (EUR111.6 million...
Sanoma Digital Sells magazinuldecase.ro To Former Publisher
Sanoma Digital has sold magazinuldecase.ro, Romania's second largest online real estate portal and the first online service with ads directly from owners, to Adina Vasilescu, former digital...
INS: Romania Construction Works Fall In November
Romanian construction works fell 4.8% in November 2013 from a month earlier, due to declining activity in new buildings, the statistics institute INS said Monday.
Bankrupt Armonia Mall In Braila Expects Buyers As Of January
Bankrupt shopping center Armonia Mall in Braila, eastern Romania, expects potential investors to submit bids starting this month, said Andreea Cionca-Anghelof, managing partner with Casa de...
Bucharest Among Europe’s Ten Most Attractive Real Estate Markets
Bucharest, Warsaw, Dublin, Amsterdam, Milan, Barcelona, Rome, Madrid, Brussels and Luxembourg are Europe’s ten most attractive markets for real estate investors, according to BNP Paribas Rea...
Office Space Leases In Bucharest Up 22% On Year In 2013
Lease transactions involving office spaces in Romania's capital city Bucharest reached nearly 300,000 square meters in 2013, up 22% on the year, according to data by consulting firm Esop Con...
Government-Backed “First Home” Program Gets RON2B In 2014
The Romanian Government alloted 2 billion lei (EUR444 million) for the “First Home” mortgage lending program this year, out of which RON740 million are funds unused in 2013, according to the...
Real Estate Developer Adama Has New CEO Starting January 2014
Laszlo Csiki has taken over as Chief Executive Officer of real estate developer Adama, solely owned by Austrain group Immofinanz, starting January 2014.
Profi Keeps Foot On Expansion Pedal
Pawel Musial, chief executive of retailer Profi, says the network will add around 60 new supermarkets this year, the same as in 2013.