Real Estate
Top 30 CNADNR Payments: EUR750M For Roads Which Are Not To Be Seen
The 30 largest payments that Romania’s Highways and National Roads Company (CNADNR) made in the first half of the year total almost EUR750 million, shows a ZF analysis based on data provided...
RA-APPS Free To Sell State Property By Direct Negotiation After New Auction Failure
Romanian state property authority RA-APPS third attempt to auction off real estate in its portfolio has failed and may now proceed to sell properties by direct negotiation.
Romania Eliminates Self-Assessment For Tourist Accommodation Units
Romania’s national tourism authority ANT will check over 4,000 self-assessed accommodation units by the end of this year, and accommodation units will no longer be able to assess themselves...
Foreign Realty Investors Hiked Their Romanian Firms’ Capital By EUR165M In 1H
Foreign real estate investors increased the capital of the firms they own in Romania by about EUR165 million in the first half of 2013, double from EUR86 million in the similar interval a ye...
Sebastian Mahu Named Head Of DTZ Echinox Property Management Department
Real estate consulting company DTZ Echinox appointed Sebastian Mahu as head of its property management department starting July 2013, DTZ said in a statement.
Roads Authority Signs Contracts Of Just EUR6M In First Half Of The Year
The nine largest contracts signed in the first half of this year by the National Highways and Roads Company in Romania (CNADNR), are worth less than EUR6 million in total, equivalent to the...
JLL: Great Time For Equity Players To Enter Romania
Romania’s real estate market can still provide investment opportunities but only for investors who do not need bank loans, because the “cost of funding is prohibitive” says Dutch executive G...
Ferrero Romania Moves To Office Building City Gate In Bucharest
Chocolate and sweets manufacturer Ferrero Romania has rented out 1,200 square meters of office space in office building City Gate in capital city Bucharest, according to realty consulting fi...
Maurer Imobiliare Wants To Develop Residential Project In Sibiu
Real estate developer Maurer Imobiliare will start developing a residential compound with 1,600 homes in Sibiu in July on a 10-hectare plot of land it bought this year.