Real Estate
INS: Housing Permits Down 6.4% On Month In May
Romanian housing permits fell 6.4% to 3,365 units in May, from 3,594 units a month earlier, the country’s statistics institute INS said Friday.
Romanian Land Improvement Agency Allowed To Sell Electricity
Romania’s Government approved an emergency ordinance Wednesday allowing the land improvement agency ANIF to sell electricity and lease land improvement equipment to agricultural organization...
Financial Crisis Takes Toll On Bucharest's Global City Business Park
Global City Business Park in Bucharest registers an occupancy rate of just 50%, despite offering lower rents than some of its competitors, mainly due to the financial crisis and the fact tha...
Palas Iasi Turnover At EUR16M In First Operating Year
Shopping and office center Palas Iasi, owned by businessman Iulian Dascalu, had sales of around ERUR16 million in its first operating year, as its retail area is 97% filled and its office sp...
Top 50 Largest Employers In Romania In 2012
The 50 largest employers in the economy had a total of over 350,000 employees last year, i.e. 8% of the total number of employees in the economy, shows data centralized by ZF based on inform...
27 Companies Rented More Than 2% Of Bucharest’s Office Space In H1
The office space market in Bucharest is not completely frozen but is not thawing up, either. In the first half, 27 companies rented 52,000 square meters of office space, or more than 2% of t...
EU Unlocks Payments To Romania Under 2007-2013 Transport Operational Program
The European Commission has unlocked payments for the 2007-2013 Transport Sector Operational Program (POS T), the Romanian Transport Ministry said in a statement Tuesday.
Government Considers Raising Funds For First Home Mortgage Lending Program
Romanian authorities are looking to increase funding for the state-guaranteed First Home mortgage lending program, as current financing is estimated to be depleted in September-October, and...
Average Monthly Office Rents In Bucharest Vary From EUR7.7/Sqm To EUR13/Sqm
Average office space rents in Bucharest range between EUR7.69/square meter per month and almost EUE13/sqm/month, and the cheapest offers are available in the eastern parts of the capital, ac...