Real Estate
Bucharest’s Tower Center Might Be Put Up For Lease In 2012 - CBRE
Tower Center International, owned by Avrig 35, might be put up for rent this year, according to real estate consultancy firm CBRE Romania.
Romania To Sell 40 Flats, Commercial Properties In Central Bucharest
RA-APPS, the Romanian authority that administers government-owned real estate, will auction off a large batch of properties in the center of Bucharest, including five business premises and 3...
US Trader Goes From Wall-Street Investments To Buying Farmland In Romania And Bulgaria
Jeffrey Notaro, a trader who worked on Wall Street for 18 years, where he traded both bonds and futures contracts, set up investment fund Black Sea Agriculture seven years ago, together with...
Civil Engineering To Be Romanian Construction Sector’s Main Growth Driver - Survey
Civil engineering will be the main growth driver of Romania’s construction industry in the next years, mainly due to infrastructure projects financed with European funds, according to a surv...
Real Estate Financing: Harder To Get, More Risks To Take
Banks are still reluctant to lend to real estate investors, so developers have to take more risks if they want to continue their projects and remain on the market, according to information p...
NEPI To Get EUR11.4M From BelRom For Investments In Promenada Mall Braila
South-African real estate investment fund New Europe Property Investments (NEP.RO) will receive EUR11.4 million from BelRom for the completion of the Cinema City premises in Promenada Mall B...
Spanish Developer Graells&Llonch Builds EUR200M Industrial Park In NW Romania
Spanish company Graells & Llonch on Tuesday has started construction works on an industrial park in Turda, northwestern Romania, and the investment is worth EUR200 million.
DTZ: Investors More Cautious Regarding Property Acquisitions In Romania Following Political Unrest
Real estate investors have become more cautious regarding their acquisition plans in Romania due to the recent political turmoil, according to DTZ Echinox, which estimates a moderate increas...
Impact Developer&Contractor 1Q Revenues Shrink To RON2.7M
Romanian realty developer Impact Developer&Contractor (IMP) reported revenues of 2.7 million lei (EUR608,478) in the first quarter of the year, 3.8-fold lower from RON10.4 million in the sam...