Real Estate
S.African NEPI In Negotiations To Acquire The Lakeview Building
South-African investment fund New Europe Property Investment (NEP.RO) is in negotiations to acquire The Lakeview offices in Bucharest, owned by US group AIG Lincoln and businessman Dinu Patr...
Bucharest Apartment Rents Higher Than Monthly Mortgage Payments - Survey
Monthly apartment rents in Bucharest are generally higher than monthly mortgage payments, and the difference is 40% in some areas in the Romanian capital, according to website anunturipartic...
Dedeman Sees 13% Growth, Expands Online
Do-it-yourself retail chain Dedeman posted 2.4 billion lei (EUR548 million) revenue in 2012, up 13% on the previous year and consolidated its market leader position.
Bucharest Compound Blue Tower Residence Auctioned Off For EUR13.8M
Bucharest-based real estate compound Blue Tower Residence, under bankruptcy, will be auctioned off at a starting price of EUR13.8 million.
CBRE: Modern Retail Space Stock To Climb 6% In Next Two Years
The stock of modern retail space in Romania will increase 6% in the next two years, from 2.7 million square meters at the end of 2012, according to real estate consulting firm CBRE Romania.
Jones Lang LaSalle Manages Carrefour Military Shopping Gallery
Real estate consulting firm Jones Lang LaSalle (JLL) Tuesday said it is in charge of the property management of the shopping gallery of Carrefour Militari in western Bucharest, with a total...
Negotiation Margins For Bucharest Old Apartments Range Between 5% And 13%
Old apartment sellers in capital Bucharest added a margin for negotiation of 5% to 13% in the last quarter of 2012, according to real estate portal imobiliare.ro.
Notaries: Romania Cashed Lower Revenue From Tax On Property Transfers In 2012
The amount cashed by the Romanian state from taxing revenue obtained from property transfers reached 499 million lei (EUR112 million) in 2012, close to the level in 2011, despite a 17% incre...
IKEA In Talks With Era Shopping Park Owners To Open Store In Iasi
Representatives of Era Shopping Park in Iasi (northeastern Romania) are negotiating with Swedish furniture retailer IKEA the opening of a store, and the deal is likely to be concluded this y...