12.02.2014

Real estate development and consultancy, and metalworking are the sectors with the biggest losses, while oil and gas extraction and trade operations were the most profitable in 2013, according to a more

11.19.2014

Vitalis Consulting, founded and run since 2006 by construction engineer Florin Popa, has sealed its first contract abroad and has been involved since this summer in the construction of two hotels with more

11.12.2014

Asking prices of old 3-room apartments in Bucharest dropped in October by 1.8%, or EUR1,350, to EUR74,500, according to ZF Real Estate Index compiled in partnership with real estate consultancy more

11.07.2014

On an area of less than one km around subway station Aurel Vlaicu, real estate investors have erected and continue to develop office buildings where 40,000 people may eventually work. Two of the more

10.31.2014

The number of real estate deals in Romania increased by 3% on the year in January-September, to 600,000, the national cadastre agency ANCPI said Friday. more

10.30.2014

Luxembourg-based investment fund Tavirama has bought two retail spaces and one luxury apartment in Bucharest for EUR1.2 million, its first transactions on the Romanian market, where it plans to reach more

10.16.2014

Real estate in Romania are expected to reach nearly EUR800 million in 2014, which would translate into a spectacular increase compared to EUR63 million in crisis year 2009, due to the revival of the more

10.13.2014

Romania had the biggest growth in real estate transaction volumes in Central and Eastern Europe in January-September, of 215%, to nearly EUR700 million, but the country remains less attractive than more

10.09.2014

Real estate consultant DTZ Echinox brokered transactions with luxury properties worth EUR8 million in the first three quarters of the year, while the sales on this segment rose 100% on the year. more

10.08.2014

Average asking prices for three-room apartments in old buildings in Bucharest have gone up by EUR3,200 or 4.4% since the beginning of the year, to EUR75,850, according to the ZF Real Estate Index more

10.02.2014

The Romanian real estate market is gaining appeal in the eyes of major investors as prices in Spain, Italy or Poland have increased very much and the conflict with Ukraine makes Russia an more

09.23.2014

The value of real estate investments could reach around EUR500 million in 2014, up over 60% from 2013, as at least two large transactions are to be completed in the next three months, Ilinca Paun, more

09.23.2014

The number of real estate deals in Romania increased 5% on the year in January-July, to around 400,000, from 381,393 in the same period in 2013, the national cadastre agency ANCPI said Tuesday. more

09.02.2014

Land plots, retail spaces, offices or logistic centers with a market value put at some EUR750 million changed their owners in the first 8 months of this year as 30 deals were clinched. However, more

08.20.2014

The vacancy rate of offices in Bucharest has dropped slightly this year, to 15.7%, and 330,000 square meters are still vacant, even though the market saw a record lease volume in the first half, more

08.15.2014

The Romanian real estate market will soon attract new institutional investors, following the resurgence of deals in markets like the UK, France, Germany and Ireland, Spain and Italy, where sales of more

08.08.2014

Real estate developers completed in the first half of 2014 office buildings for another 8,000 employees in Bucharest and 60,000 square meters of industrial space countrywide, but no shopping mall was more

08.07.2014

Greek-born Ioannis Papalekas, one of the lowest-profile investors on the Romanian real estate market, has invested more than EUR300 million in office, retail and industrial space and several plots of more

07.15.2014

Bucharest no longer has any plant employing at least 1,000 people, according to a ZF survey based on Trade Registry data regarding the 500 largest employers headquartered in Romania’s capital city. more

06.09.2014

Most real estate consulting firms in Romania reported increases in turnover in 2013, with firms Krammer&Wagner, DTZ and CBRE boasting the best evolution and Coldwell Banker and Colliers International more

05.30.2014

Some real estate developers continue to build homes and the demand for office space is picking up, while sales of construction materials like polystyrene and bricks have been on the rise since the more

05.28.2014

SIF Imobiliare (SIFI.RO), a firm registered in Cyprus and held by Romanian regional investment fund SIF Banat-Crisana (SIF1.RO), Wednesday said it set up the firm SIFI TM Agro to which it granted a more

05.22.2014

Bucharest-based construction company Delta ACM 93, controlled by businessman Florea Diaconu, will transfer part of its patrimony and the real estate operations to a new entity, Carpati Asset more

05.21.2014

Real estate investors have started to come to Romania, but they are not yet willing to invest, said Dietmar Reidl, Chief Operating Officer at Austrian Immofinanz Group, one of the largest property more

05.19.2014

In the past five years, the real estate portfolio of investment fund NEPI has swollen from less than EUR100 million to over one billion euros. South-African-born Martin Slabbert, the fund’s chief more