03.23.2016

Foreign investors, mainly those who already are in Romania, are aware of the good economic fundaments, but they also keep a close watch on the situation in the justice system, given that corruption more

03.18.2016

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03.17.2016

The new trend on the Bucharest residential market consists of boutique projects, namely, blocks with few apartments, architecture and special equipment, and 30 compounds of this type are to be more

02.23.2016

Over 40% of real estate brokers consider that apartment prices will fall by over 20% if the law on giving in payment comes into force, while three quarters of them expect rents to increase by 10-20%, more

02.09.2016

New Kopel Group (NKO), the first operating leasing company in Romania, announced it wants to extend its operations to the real estate sector, searching for new business development opportunities. more

01.25.2016

The Romanian real estate market rose 10% on the year in 2015, in terms of value and volume, while in 2016, it could increase by 5%, according to a study by real estate company Re/Max. more

01.25.2016

Sweden’s IKEA only had one store in Romania for eight years, but last spring its strategy changed with investment reaching EUR300 million, according to ZF estimates. The group is pursuing three more

01.13.2016

Franchise of real estate agencies RE/MAX Romania brokered some 300 transactions in 2015, worth a total EUR19 million, and cashed fees of approximately EUR1 million. more

01.11.2016

Real estate transactions with office, retail and industrial spaces fell 45% in Romania in 2015, to EUR644 million, from EUR1.16 billion a year before, while in Central and Eastern Europe, except for more

01.06.2016

Regional investment fund SIF Moldova (SIF2.RO), which manages 1.5 billion lei (EUR337 million) assets, plans to start developing a residential complex on one of the plots of the former textile mill more

12.10.2015

Most of the Romanians seeking a house or apartment (98%) are searching for information regarding the available properties online, according to real estate consultancy firm Regatta Real Estate. more

12.07.2015

Real estate developers plan to finalize investments totaling 700,000 square meters in Romania in 2016, worth over EUR88 million, according to a report of real estate consulting firm JLL. more

11.18.2015

Shareholders of drugmaker Sintofarm (SINT.RO) will meet on December 21 to decide on the sale of equipment, brands and other assets except for buildings, and on renaming the company Imosint and turning more

11.10.2015

American franchisor of residential real estate brokerage ERA entered the Romanian market and is hoping to reach a total 50 franchisees in three years and to have 100 brokers and agencies, in ten more

10.16.2015

Consulting company RealTime will launch the first monitoring and auditing service for the Romanian real estate market, which will include data about 330 residential compounds and the entire market of more

10.08.2015

The ten largest office space rental deals in the first nine months of the year total more than 80,000 square meters, and the IT and outsourcing companies were the most active on the office space more

10.07.2015

Romania registered real estate transactions worth EUR600 million in the first nine months of the year, ranking third in Central and Eastern Europe (CEE), after the Czech Republic and Poland, while more

09.23.2015

Austrian constructions group Strabag has entered the Romanian property development market, by taking over the team in Bucharest of Raiffeisen evolution. more

09.17.2015

Globalworth Real Estate Investments, founded and run by Greek businessman Ioannis Papalekas, has signed a memorandum of understanding for the acquisition of a real estate portfolio made up of 30 more

08.24.2015

Germany real estate asset management company GLL Real Estate Partners, which owns Charles de Gaulle Plaza in Bucharest, a landmark among the business centers in Romania’s capital city, is one step more

08.03.2015

The average price for old apartments stood at EUR674/square meter in the first six months, while on the new apartment segment, prices stood at EUR779/sqm, according to property evaluator Darian. more

07.21.2015

The Romanian real estate and retail sectors are seen on positive trend, according to Affan Yildirim, the new general manager of Turkey’s Anchor Grup, the developer thus starting several investments more

07.16.2015

Iulius group, owned by businessman Iulian Dascalu, will invest EUR220 million in a development in Timisoara, that will include offices, retail spaces and entertainment areas. more

07.03.2015

While the National Anticorruption Directorate is investigating the intermediaries involved in the property restitution cases of 2005-2011, influential people are accumulating compensation points they more

06.15.2015

Romania is a less attractive market than Poland in terms of real estate investments and transactions, despite the positive macroeconomic indicators, says Bogdan Macarie, development director with more