Real Estate
Home Prices In Romania’s Largest Cities Hit New Record-Lows In July
The average price of homes up for sale in Romania's capital city Bucharest and in five other large cities in Romania went down by 1.2% on the month in July 2012, which translates into the bi...
JLL: Romanian Industrial Space Rental Down 40% In 1H
The surface of industrial space rented in the first half of the year decreased by 40% compared with the similar interval a year ago, to about 34,000 square meters, of which 60% was rented in...
Auchan To Buy Hypermarket In Pitesti From NEPI For EUR28.7M
French retailer Auchan will buy a hypermarket in Pitesti, Romania from South African investment fund New Europe Property Investments (NEPI) for EUR28.7 million.
Government Lowers Expectations For Sale Of State Properties, After Failed Auctions
Romania's Government has drastically scaled back its expectations for the sale of state-owned buildings managed by RA-APPS, from 706 million lei (RON151.89 million) to RON296.2 million, as m...
Unilever Extends Lease Deal For Office Space In Baneasa Business Park
Unilever, the second largest local producer of non-food fast-moving consumer goods, extended by five years the lease contract of the office space in Baneasa Business &Technology Park, northe...
DTZ: Romania’s Investment Volume Seen Falling In 2012, At Less Than EUR300M
Romania’s investment volume was revised down for the whole 2012, to between EUR250 million and EUR300 million, compared with the original EUR400 to EUR450 million estimation, considering the...
DTZ: 13 Romanian County Seats Lack Modern Shopping Centers
Romania’s northeastern town of Suceava ranks first in a classification according to commercial real estate investment per 1,000 inhabitants, while 13 of the country’s county capitals have no...
NEPI And Ovidiu Sandor To Develop Office Complex In Cluj-Napoca
South African investment fund New Europe Property Investments (NEPI) and Romanian businessman Ovidiu Sandor will develop a 52,000 square meter office complex in Cluj-Napoca, on the site of t...
Foreign Real Estate Investors 1H Inflow To Romanian Units Halves At EUR86M
The inflow of foreign real estate investors to the share capital of their Romanian units halved at EUR86 million in the first half of 2012, compared with EUR150 million during the same perio...