Real Estate
Romania 2011 Census Preliminary Results: 99.1% Of Stable Population Lives In Private Homes
Romania's national census recorded almost 7.1 million homes and found that 99.1% of the stable population lives in private residences, and 0.9% lives in student dorms, nursing homes, child p...
Unirea Shopping Center 1H Profit Falls 32% To RON1.8M
Romania’s Unirea Shopping Center (SCDM.RO) ended the fist half of 2012 with sales of 41.4 million lei (EUR9.2 million), up 10% on the year, while its profit dropped 32%, to RON1.8 million.
Polish Footwear Retailer CCC Opens Second Store In Romania
Peeraj Brand International will open Friday the second footwear store under the CCC brand in Romania, in shopping center Palas Mall Iasi, developed by Iulius Group.
Bucharest Residential Building Verdi Park Auctioned Off For EUR4M
Bucharest-based luxurious real estate compound Verdi Park, under bankruptcy, will be auctioned off by its liquidator September 10, at a starting price of EUR4 million.
ANAF May Take Over Property Tax Collection
Romania’s tax authority ANAF may be in charge with collecting property taxes, after the Government changed in July the formula used to compute these taxes based on the property use, not the...
Immofinanz To Resume Housing Development In Romania In 2013
Real estate investment firm Immofinanz, with over EUR1 billion assets in Romania, plans to resume the housing project development on the local market in 2013, on a low offer of new dwellings...
Cocor Bucuresti Losses Up 4.6 Times In 1H, To RON8M
Shopping center Cocor Bucuresti (COCR.RO) reported losses of 7.9 million lei (EUR1.75 million) in the first half of 2012, up 4.6 times on the similar period of last year, when its losses sto...
Private Investors Should Open Hospitals And Clinics Of EUR150M This Year
Investors, old and new, have announced plans to invest over EUR150 million in private clinics and hospitals in Romania, some of which should be completed this year and others in 2013 or late...
AFI Europe Romania Gets Permit To Build Hypermarket, DIY Store In Arad
Real estate developer AFI Europe Romania on Monday said it received the permit needed to build a hypermarket and a do-it-yourself store within the retail park it plans to develop in Arad, we...