Real Estate
Turkey’s Kastamonu Opens Factory In Northern Romania For EUR150M
Kastamonu Romania will open in July a fiberboard factory in the northern town of Reghin, following a EUR150 million investment.
Coldwell Banker Opens 11 New Offices In Romania
Real estate consultancy firm Coldwell Banker Affiliates of Romania has opened 11 new offices, bringing its network to 46 units.
Property Investment Volumes In Romania Touch 7-Year Low In 1H, At EUR55M
Overall commercial property investment volumes in Romania registered a steep decline in the first half of 2012, to a EUR55 million seven-year low, according to consultancy company CBRE.
Adjusted Construction Works Up 5% On Month In May
Romanian construction works rose 5% on the month in May, fueled by increased activity in all sectors, the statistics institute INS said Friday.
Tourist Arrivals Up 11.5% On Year In May
Tourist arrivals in Romania rose 11.5% in May from the year-earlier month, while overnight accommodations were up 10.3% on the year, the statistics institute INS said Tuesday.
Apartment Prices In Bucharest Fell Up To 6% In January-June
Average asking prices of apartments in Bucharest dropped up to 6% in the first half of 2012, realty ads portal anunturiparticulari.ro said Monday.
Poor Infrastructure, Lack Of Fiscal Incentives Discourage Logistics Investments In Romania
The lack of proper road infrastructure, fiscal incentives and specialized staff hinder investments in logistics projects and increase by up to 15% the prices of products for end consumers, a...
JLL: Romania Scores Improvement In Real Estate Transparency
Romania ranked on the 40th position in a Global Real Estate Transparency classification, from 32 in 2010, according to a survey of consultancy company Jones Lang LaSalle.
DTZ: Retail Market In Brasov May Oversaturate In Three Years
The retail market in the central Romanian city of Brasov could oversaturate in the next three years, as it could only absorb two more shopping centers considering the number of households an...