Real Estate
Romanian Seaside Hotel Allegro Put On Sale For EUR3M
Three-star hotel Allegro in Romanian seaside resort Eforie Nord was put on sale for EUR3 million, unit owner Ion Diacu told MEDIAFAX.
Impact Developer&Contractor Expects RON8.7M Net Loss In 2011
Romanian property developer Impact Developer & Contractor (IMP.RO) expects a net loss of 8.7 million lei (EUR1=RON4.091) this year, narrower than the loss of RON17.5 million reported for 201...
Romania Feb Construction Output Falls At 4th Fastest Pace In EU
Romanian construction output fell 0.4% on the month in February, the fourth sharpest decline in the European Union, official data showed Tuesday.
CBRE: Retailers Still Maintain High Interest For Romanian Market
Romania ranks third of 73 countries in the world by the number of retail brand entries in 2010, in a survey of real estate consultancy firm CB Richard Ellis.
Romanian 2-Mo Realty Transactions Rise To 50,000 - Notaries
The number of real estate transactions in Romania reached almost 50,000 in the first two months of the year, according to data of the National Union of Notaries Public in Romania (UNNPR).
Agriculture Federation Asks Government To Solve Cadastre Problems
Romanian agriculture union federation AGROSTAR has asked the Government to solve the issue of farming land cadastration, arguing that problems in the agricultural land parcel management syst...
Bucharest NH Hotel Put On Sale For EUR13M
Bucharest four-star hotel NH was put on sale Monday for EUR13 million, this being the second such attempt after the owner tried to sell it for EUR14 million two years ago.
HeidelbergCement Sees Romanian Sales Slightly Down In 2011
German group HeidelbergCement posted a 5% year-on-year decline in its first quarter Romanian sales, mainly because of the prolonged winter and the lack of large infrastructure projects, Mond...
City Mall Fails To Attract Buyer For Second Time
Bucharest shopping center City Mall failed to attract investors at a second auction following the company’s bankruptcy in November last year and liquidators are looking for alternatives to r...