Real Estate
Romania Plans To Change "First Home" Into "New Home" Program
Romania’s new government intends to replace the "First Home" program with the "New Home" one, which will only facilitate the acquisition of new homes.
Immofinanz Rental Revenue In Romania Up To EUR23.6M In May-Oct
Austrian real estate investment firm Immofinanz said Thursday it registered rental revenues in Romania of EUR23.6 million between May 1 and October 31, up 8% on the same period a year ago
Colliers: Political Changes In Romania Delayed Land Transactions By More Than 6 Months
Political changes in Romania have turned upside down the calendar of the Bucharest General Council, prompting it to delay by more than six months the conclusion of many land transactions, re...
Hotel Cismigiu Reopened In Bucharest, After EUR15M Investment
Hotel Cismigiu in Romanian capital city Bucharest was reopened Wednesday after 17 years of being closed down, following a EUR15 million investment made by Spanish developer Hercesa.
Bucharest Swan Office&Technology Park’s Occupancy Rate Rose To 35% In 2012
The occupancy rate of office project Swan Office & Technology Park in Romania's capital city Bucharest increased to 35% this year, led by new rentals and the expansion of existing tenants, r...
"First Home" Program To Continue Next Year With Unused 2012 State Guarantees
The Romanian state supported “First Home” program will continue next with the state guarantees that were not used in 2012, according to a decision approved by the Government Tuesday.
Romania Amends Norms On Home Exchange Through “First Home” Program
Romanians who bought a home through the state supported “First Home” program from sellers other than real estate developers may use the scheme again to exchange the dwelling for another one,...
Romanian Apartment Prices Fell Over 10% In Jan-Sept - Survey
Selling prices of apartments in Romania fell over 10% in the first nine months of the year, the fifth biggest decline in Europe, according to a survey by real estate portal globalpropertygui...
DTZ: Bucharest To Stay Among Europe’s Cheapest Cities By Office Occupancy Costs In '13-'14
Romania’s capital city Bucharest will stay, in the next two years, among Europe’s five cheapest cities by office occupancy costs per workstation, alongside Budapest, Tallinn, Vilnius and Rig...