Real Estate
Government Raises Funds For 2013 First Home Program By RON1B
Romania will increase funding for the state-guaranteed First Home mortgage lending program by 1 billion lei (EUR227 million), of which RON300 million will be available for the acquisition of...
BCR: Banks To Give More Mortgage Loans In Romanian Lei
Romanian mortgage lenders are likely to extend more loans in local currency as the central bank’s pressure increases and the new regulations for the government-subsidized tax credit program...
Gothaer Asigurari Underwrote Premiums Of About RON28M In 1H
Romanian insurer Gothaer Asigurari (former Platinum) said Tuesday it underwrote premiums of 27.9 million lei (EUR6.3 million) in the first half of 2013, up 92% on the year.
EximBank Moves Headquarters To Kiseleff Palace
Romania’s state-run lender EximBank will move its headquarters from the United Nations Boulevard (Bucharest) to Kiseleff Palace, where it has rented 3,800 square meters, BNP Paribas Real Est...
DTZ: Bucharest Among World’s Least Expensive Markets By Industrial Space Occupancy Costs
Industrial space occupancy costs in Romania’s capital city Bucharest will grow by an average 0.3% per year by 2017, to $77 per square meter per year, placing the capital 8th among 54 cities...
Bankrupt Armonia Braila Mall Sale Price Lowered By 30% Again, To EUR10M
Creditors of Bankrupt shopping center Armonia Mall in Braila, eastern Romania, have lowered the mall’s sale price by another 30%, to EUR10 million, net of VAT, and expect bids by August 20.
CBRE: Modern Retail Space Stock In Romania To Reach 2.85Mln Sqm By End-2013
The stock of modern retail space in Romania will increase to 2.85 million square meters by the end of 2013, while shopping center vacancy rates range from 5% to over 10%, depending on projec...
Romania Might Raise Funds For 2013 First Home Program By RON1B
Romania’s Government will increase funding for this year’s edition of the state-guaranteed First Home mortgage lending program by 1 billion lei (EUR227 million), of which RON300 million will...
NEPI Raises EUR100M On Stock Market To Fund Romanian Acquisitions
South-African investment fund New Europe Property Investment (NEP.RO), one of the most active real estate investors in Romania, raised EUR100 million on the stock exchange, which will financ...