Real Estate
Rohan: Romania Needs Double Cement Usage To Catch Up With Western Europe
Romania’s cement consumption per capita will increase in the near future, reaching the European average of 423 kg by 2015, but Romania still has some ground to cover before equaling western...
Lafarge Romania Posts 3.6% Annual Rise In First Quarter Sales
French Lafarge posted a 3.6% year-on-year rise in its Romania sales in the first quarter, while local volumes rose 4.7% on the year, according to the construction materials maker's financial...
Erbasu: Builders Need Infrastructure Works To Survive
Recovery for Romania’s nearly-flatlined construction segment depends on investment, project selection and improved legislation, as the market is “running out of companies to go bankrupt”, Th...
Bank Of Cyprus Grants EUR23M Credit To Romanian Project Colosseum
Bank of Cyprus granted credit worth up to EUR22.8 million to Nova Imobiliare, developer of the Colosseum shopping center in Bucharest, on top of a EUR26 million loan approved in February.
Holcim 1Q Cement Sales In Romania Rise 15.7% On Year
Swiss-based building materials maker Holcim on Wednesday reported a 15.7% increase in first-quarter cement sales in Romania, despite overall declining activity in constructions.
Liquidation Price For My Dream: EUR130,000/Apartment
Residential complex My Dream Residence in Pipera (northern Bucharest), developed by Turkish-held Plus Development, has been sold at an auction for EUR16.7 million, which amounts to an averag...
Bucharest's Residential Compound 'My Dream' Sold At Auction For EUR16.7M
Apartment building My Dream in northern Bucharest was sold for EUR16.74 million in the first auction held by BDO Business Restructuring, the court-appointed administrator of bankrupt buildin...
Romanian Retail Market Stabilizes, Existing Shopping Centers Have The Edge - JLL
The Romanian retail market continues to show signs of stabilization in the first quarter this year, as developers and retailers are seeking new opportunities for development, real estate con...
JLL: Romanians Still Can’t Afford New Apartments
New apartment prices are still too high for Romanians, while developers are getting signals that they can no longer count on government support, real estate consultancy firm Jones Lang LaSal...