Real Estate
Romania Considers Reducing VAT On Construction Materials - Official
Romania's Government is considering reducing the VAT on construction materials, National Housing Agency (ANL) official Romeo Dragan said in a conference hosted by business daily Ziarul Finan...
Ovidiu Sandor Makes EUR8M From Offices And Luxury Clothing
Ovidiu Sandor, president of Moda-Tim, has made a business out of taking advantage of the office space shortage in Timisoara and of the tradition in the clothing industry of a company that ma...
CA Immo's Romanian Assets Valued At EUR444M
The market value of assets owned by CA Immo in Romania reached EUR444 million after the takeover of Europolis, according to company data.
Colliers: Bucharest Retail Rents Stay Among The Lowest In EMEA
Bucharest retail rents remained some of the lowest in the Europe, Middle East and Africa region over the past six months, according to real estate consultants Colliers.
UPDATE: NEPI Could Be Listed On Bucharest Bourse Next Week
South African property investment fund NEPI might be listed on the Bucharest bourse next week, and the operation's brokers--BCR and Intercapital Invest--are already planning a road show, BCR...
Building A House In Bucharest Suburbs Costs Less Than EUR80,000
Building a 100-square meter house near Bucharest costs between EUR58,000 and EUR80,000, since the economic crisis slashed construction and plot prices, according to a study of Romanian realt...
Most Urban Romanians Remain Wary Of Large Acquisitions - Poll
A recent poll by Romanian research firm ISRA Center Marketing Research shows that only a handful of Romanians in urban areas plan to buy a home or a car within the next 12 months.
Billionaire Tiriac Builds Business Center In Victory Square, Bucharest's Prime Office Area
Ion Alexandru Tiriac says there is still demand for office space and that he will start construction work of a 14-floor office building in Piata Victoriei square, at the northern end of the...
Saint-Gobain Wants To Put Calarasi Glass On Dubai And Tokyo Skyscrapers
Saint-Gobain Glass Romania, a subsidiary of France's Saint-Gobain group, plans to turn the glass plant of Calarasi, in which it has invested some EUR170 million so far, into a global product...