08.24.2015

The development strategy of NEPI, the largest real estate investor in Romania with more than EUR1.7 billion assets, will continue to focus on the retail area, which already accounts for 80% of the more

03.16.2015

Romania’s Finance Ministry on Monday said it decided to no longer introduce in the Tax Code draft the proposition to increase taxes on residential property. more

03.13.2015

Cyprus-based property investment company Secure Property Development & Investment (SPDI) on Friday announced it raised EUR8 million through an Open Offer carried out between February 11 and March 11. more

02.24.2015

Banks in Romania sold non-performing loans with a gross book value of nearly EUR2 billion last year, part of which were guaranteed with property, and the value of such transactions could rise in 2015, more

02.18.2015

Romania's government plans to establish taxes on apartments and houses at 0.08%-0.2% of the taxable value, from the current 0.1%, as of January 2017, according to the new Tax Code Draft. more

12.11.2014

Premier Estate, provider of consulting and assisted sales services on the residential segment, brokered sales of over EUR14 million in 2014 in the seven projects under its exclusive management. more

11.05.2014

Cyprus-based Secure Property Development & Investment (SPDI) completed the takeover of the headquarters of French dairy producer Danone in Bucharest, EOS Business Park building, for EUR5.85 million, more

09.08.2014

Cyprus-based Secure Property Development & Investment (SPDI) has acquired 122 apartments in four residential compounds in capital Bucharest, whose net value is estimated at EUR3.3 million. more

07.03.2014

Real estate transactions in Romania totaled EUR66 million in the second quarter of the year, down 4.5-fold compared with over EUR300 million in the first quarter, according to real estate consulting more

06.26.2014

The five most expensive properties put up for sale by BCR, BRD, Banca Transilvania and Raiffeisen Bank on their websites have starting prices of almost EUR50 million. more

05.23.2014

Investment company Secure Property Development & Investment acquired the Innovations logistics park in Bucharest, owned by Greek company Pheonix Real Estate, for EUR12.6 million, the company announced more

05.01.2014

The construction of Sky Tower, a 36-floor and 137-meter high office building, was completed more than a year ago and just 35% of spaces have been filled so far. more

04.18.2014

Law firm Dragne & Asociatii, whose activity is now 80% focused on litigation, plans to develop criminal law, intellectual property and public acquisitions practices this year, according to Ion Dragne, more

03.10.2014

Investment company Secure Property Development & Investment acquired the Innovations logistics park in Bucharest, Romania, owned by Greek company Pheonix Real Estate, which currently produces EUR1.3 more

03.07.2014

Romania’s new Government wants to set up a new structure for the administration of the state’s private property, to allow for the elaboration of a legislative framework needed to get the more

01.28.2014

Housing prices in Romania increased 2.3% on the year in the last quarter of 2013 but remained largely unchanged for the entire year 2013 compared to 2012, according to Eurobank Property Services' more

12.20.2013

Insolvent office compound Swan Office & Technlology Park located in Pipera-Tunari will be auctioned off at a starting price of EUR42.7 million. more

12.02.2013

Romania’s property & facility management services market, namely, all the services that have to do with maintenance and administration of buildings and properties, is estimated at 0.3% of the more

10.30.2013

Romania’s government has extended the property tax pool, as per agreement with the international Monetary Fund, to include previously exempted types of properties such as parking lots and swimming more

10.04.2013

Real estate deals involving office space, retail space, and land stood at some EUR250 million in January-September, similar to the same period last year, but acquisition decisions were firmer and more

10.04.2013

The number of real estate deals in Romania increased 17.5% in January-August 2013 from the same period in 2012, reaching 530,314, the national cadastre agency ANCPI said Friday. more

10.01.2013

Almost half of Romania’s economic output is generated in industries that use intellectual property rights intensively, a report from the Office for Harmonization in the Internal Market, or OHIM, more

09.13.2013

Romanian-held Astra leads the ranking of insurers that get the largest revenues from property policies, with gross underwritten premiums of 177 million lei (EUR40 million) in the first six months of more

08.08.2013

Romania’s state budget for 2014 is built on 2.2% growth, Minister-delegate for Budget Liviu Voinea said, adding that the Government is seeking to lower social security contributions and increase more

08.07.2013

Romania's state property authority RA-APPS has started direct negotiation procedures for the sale of property in its portfolio, at prices 30% lower than asked at auctions it held this year despite more