Real Estate
Holcim Romania Turnover Up 13% In 2011, To EUR225M
Cement maker Holcim Romania registered turnover of about EUR225 million in 2011, up about 13% on the year.
Slowdown In Sales Of Mortgage Loans In First Two Months
The number of mortgage loans rose by only 2,000 accounts in January and February, a four times slower pace than in early 2011, considering bankers are only selling “First Home” scheme loans...
CA Immo Collected EUR28.5M From Romanian Properties In 2011
Austrian real estate firm CA Immo has collected EUR28.5 million from renting out properties owned in Romania, which have a cumulated value of EUR411 million.
Sibiu Court Allows Insolvency For Concefa
The Sibiu court on Wednesday allowed an insolvency procedure request filed by construction company Concefa Sibiu (COFI.RO), according to a memo posted on the Bucharest Stock Exchange.
Top Owners Of Office Space And Malls Made Over EUR200M From Rents In 2011
The year 2011 was difficult for the owners of real estate on the local market, as only the companies that expanded their portfolio saw rental revenue go up, a ZF analysis shows.
7,000 Individual Farmers Own 8% Of Romania’s Arable Land
Almost 7,000 individual farmers together exploit 700,000 hectares of land, i.e. 8% of the arable land in Romania, according to data of the Agriculture Ministry. The business done by these pe...
Former Soccer Player Gica Popescu Plans To Build 400 Apartments In Rahova
Former Romanian soccer player Gica Popescu, together with business partners Marius Roates and George Saguna, with whom he developed the Doldora shopping complex on the former plot of Fabryo...
Sibiu Boasts Lowest Rent For New Offices - CBRE Romania
Sibiu is Romania’s cheapest city in terms of office rental, averaging EUR9-11 per square meter, compared to EUR19.5/sqm in Bucharest, according to a six-city study by realty advisors CB Rich...
Number Of Hotels, Boarding Houses On Sale In Romania Up 30% In 2012
The number of Romanian hotels and boarding houses up for sale at the seaside and in mountain areas rose 30% this year compared with the number registered last fall, with prices ranging from...