Real Estate
Bucharest Office Market To Stabilize In 2012 - Consultants
The Bucharest office market will not see any significant changes in 2012, in terms of rent as well as in terms of delivered areas, according to real estate consultancy firms.
INS: Housing Permits Down 9.1% On Year In November, To 2,758
Romania issued 2,758 buildings permits for residential projects in November, down 5.7% on the month and down 9.1% on the year, the statistics institute INS said Wednesday.
Foreign Realty Investors Brought EUR120M To Romania In First 9 Months
Foreign realty investors contributed EUR120 million, in the first nine months of the year, to the share capitals of companies they own in Romania, compared to EUR395 million in the same inte...
DTZ: Romania To See Realty Transactions Worth EUR550M In 2012
The overall value of real estate transactions with grow by up to 10% next year, to EUR500-550 million, as banks liquidate non-performing assets, according to data supplied by realty company...
Top Ten Events In Real Estate Industry In 2011
This year can be regarded as a transition year, during which new insolvency cases came up, and new projects were completed. The apartments became cheaper, but prices did not plummet, and a s...
Government Allows Housing Agency To Build Homes Through Private Investors
The Romanian Government on Thursday allowed national housing agency ANL to build homes through private investors, including by signing public works lease contracts.
Romania To Implement Development Pilot Program Trageting Three Tourist Destinations
The Romanian Regional Development Ministry will implement an integrated urban development pilot program to modernize spa towns Borsec and Baile Herculane and Sulina, the ministry said Wednes...
Government Allots Extra Funds To Several Ministries To Pay Arrears
The Romanian Government has increased the 2011 budgets of the ministries of Transport, Environment, Regional Development, Education and Health to pay arrears, Government spokeswoman Ioana Mu...
Heineken To Sell Former Grivita Beer Plant
Beer producer Heineken, no. 2 on the Romanian market, could get at least EUR15 million from selling the 27,200 square-meter plot near the main train station in Bucharest, according to ZF est...