Real Estate
Cadastre Agency Put Under Development Ministry Authority
Romania's National Agency for Cadastre and Land Registration (ANCPI) has been transferred under the authority of the Ministry of Regional Development and Tourism, from under the Ministry of...
Government Will Guarantee, Subsidize Loans For Work On Building Envelopes
Work on a residential building's envelope in Romania will be financed 10% by the beneficiary and 90% through bank loans, with government guarantees and subsidized interest.
Inditex Rents Building In Sibiu For New Zara Store
Spanish fashion retailer Inditex rented a building in Sibiu, central Romania, where it will open a Zara store, Wednesday said realty consultants DTZ Echinox, which brokered the transaction.
Romania Housing Permits Down 7% YY In August, To 4,345
Romania issued 4,345 buildings permits for residential projects in August, up 11.9% on the month but down 7% on the year, the statistics institute INS said Wednesday.
Astaldi Plans To Develop Office Building In Bucharest
Italian group Astaldi, which built the Basarab overpass in Bucharest, holds a 1,400 square-meter plot on Bucharest’s Razoare Street, just one kilometer away from the overpass, where it plans...
No Clear-Cut Winner In This Fall’s Mall Battle
The newest “battles” on the Romanian retail market will be fought in Arad, Oradea and Constanta this autumn, where new malls are set to be opened. Four consultants inquired by ZF say, though...
Sanitary Ware Market Growth Potential Rests With Romanians Without Water Services
Dirk Rennau, regional manager for South-Eastern Europe of German firm Hansgrohe, says he was shocked to hear that almost half of Romanians do not have water and sewage services. This is wher...
Shimon Galon, GTC: Real Estate Market Trend Has Changed
Of all foreign real estate investors in Romania, only two have developed malls, as well as office buildings and housing complexes. Anchor Grup, the company that developed the first mall in R...
Brasov Mall Now Worth EUR2.5M, From EUR19M In 2006
MacroMall shopping center in Brasov, once known as the “dinosaur mall”, is valued by its owner, British group Carpathian, at EUR2.5 million, nearly eight times less than the price paid in 20...