Real Estate
JLL: Bucharest Office Vacancy Rate Falls To 16.1% In Q1
Bucharest office vacancy rate declined to 16.1% in the first quarter, from around 18% a quarter earlier, real estate market researcher Jones Lang LaSalle said in a report Tuesday.
Romanian 1Q Real Estate Investment Doubles Year-On-Year, To EUR200M
Real estate investment activity in the first quarter cumulated some EUR200 million in Romania, double the level seen in the same interval of 2010, mostly boosted when CA Immo took over the E...
Asking Prices For Bucharest Apartments Down 13% On Year In April
The average asking prices for apartments in Bucharest dropped 13% on the year in April, realty ads portal anunturiparticulari.ro said Monday.
Romania To Reduce Coastal Building Line To Half
Romania's Government wants to increase the central tourism authority's role on the Black Sea coast and reduce the coastal building line (the area where building is prohibited) to 50-150 mete...
Predeal Hotel Ski&Sky Up For Sale At EUR0.78M Starting Price
The creditors of Romanian bankrupt Grup Constructii Montaj will hold an auction to hold the Ski&Sky hotel in the mountain resort of Predeal at a starting price of almost EUR780,000, Friday s...
DIY Chain Praktiker's 1Q Sales In Romania Fall 30% To EUR25.8M
German DIY retailer Praktiker on Friday reported a 29.5% drop in first quarter sales in Romania, to EUR25.8 million, citing difficult macroeconomic conditions.
Impact Developer&Contractor Brushes Off Insolvency Claims
Romanian realty developer Impact Developer&Contractor (IMP.RO) on Friday said it has cleared the insolvency claims it was facing, through a final and binding decision rendered Thursday by th...
INS: Housing Permits Down 2.1% Year-On-Year In March, To 3,373
Romania issued 3,373 buildings permits for residential projects in March, down 2.1% on the year and up 47.7% compared to February, the statistics institute INS said Friday.
Strabag Works In Romania Rose 3% In 2010 To EUR165.5M
Austrian construction group Strabag performed works of EUR165.5 million in Romania last year, up 3% from EUR160.6 million in 2009, the company said Thursday.