Real Estate
RomReal Gets Nod From Alpha Bank To Extend EUR11.6M Loan By Three Years
Real estate developer RomReal has got an approval from lender Alpha Bank to extend a EUR11.6 million loan by three years, until November 30, 2015, the company said in a statement Thursday.
CA Immo’s Office Space Is 99% Rented
Austria’s CA Immo, which owns four office complexes in Bucharest with a lettable area of 104,000 square meters, has kept its buildings 99% occupied after renegotiating and extending contract...
INS: Housing Permits Down 5.7% On Month In October
Romanian housing permits fell 5.7% to 3,320 units in October, from 3,521 units a month earlier, the country’s statistics institute INS said Wednesday.
UK’s Investment Fund Spearhead International Owns 18,000 Ha Of Farmland In Romania
British investment fund Spearhead International, a very discreet player in the Romanian business world, has bought 3,000 ha of land in the southern Romanian county of Dolj, now owning a tota...
Cemacon Head: Construction Materials Market Won’t Rise In 2013
Romanian construction materials market for real estate compound development will not increase in 2013 either, as there is no reason for a positive flow, according to Liviu Stoleru, general m...
Some 10% Of Romanians Might Access Savings-Loan Products In Medium Term
The Romanian savings and loan product market has a high growth potential in the medium term, Aurelia Cionga, president of mortgage lender Raiffeisen Banca pentru Locuinte (RBL), said Tuesday...
CSA's Guarantee Fund To Cover Damages Of Up To EUR1B In Case Of Major Earthquake
The guarantee fund of Romanian insurance market regulator CSA will pay damages capped at EUR1 billion in case of major natural disasters if the companies that issued property insurance polic...
Average Prices Of Studio Apartments In Romanian Cities Reach EUR30,000
The average price of a studio apartment in Romania’s cities reaches nearly EUR30,000, according to real estate website imobiliare.ro.
AFI Palace Retailers Registered Sales Of EUR500M Since 2010
Retailers hosted by shopping center AFI Palace Cotroceni Bucharest have registered sales of over EUR500 million since 2010, mall developer AFI Europe said in a press release Monday.