08.02.2013

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07.19.2013

Romania’s national property restitution authority ANRP and the Finance Ministry are looking into a taxation system to levy taxes on former owners of nationalized property whose government-awarded more

07.17.2013

Romanian state property authority RA-APPS third attempt to auction off real estate in its portfolio has failed and may now proceed to sell properties by direct negotiation. more

07.03.2013

Romania registered no significant commercial property transaction in the second quarter of 2013 because the country is regarded as a risky market and banks are still cautious when it comes to offering more

05.10.2013

Romania’s Constitutiaonl Court on Friday rejected the opposition Democratic Liberal Party’s claim of unconstitutionality on the recently adopted property restitution bill, people close to the more

04.29.2013

Residential property prices rose slightly in Romania in the first three months of the year, after a mild decrease in the previous quarter, according to EFG Eurobank. more

04.17.2013

Romanian Prime Minister Victor Ponta is presenting lawmakers with the government’s new property restitution bill, seeking a confidence vote for it to be adopted bypassing lengthy parliamentary more

04.17.2013

Romania’s new property restitution law will not affect previous tenants of formerly nationalized homes who bought them under a law passed in 1995, Prime Minister Victor Ponta said Wednesday. more

04.12.2013

Romania’s Government considers the restitution of property nationalized under the communist regime has degenerated into a major real estate deal from the historical reparation it was supposed to be more

04.11.2013

Romania’s Government will seek a confidence vote in Parliament next Wednesday on a new bill regulating the restitution of property nationalized by the former communist regime. more

03.19.2013

Land owned by research institutes and half of Romania’s forests worth about EUR11 billion euros together are the huge stake of the new property restitution law. more

02.05.2013

Real estate consulting firm Jones Lang LaSalle (JLL) Tuesday said it is in charge of the property management of the shopping gallery of Carrefour Militari in western Bucharest, with a total gross more

01.28.2013

The Romanian Government had pledged to the International Monetary Fund to change the calculation method of tax on property by July, which will be set based on the destination and not as differentiated more

01.23.2013

Romanian Government will seek a confidence vote in Parliament by April to pass a bill regulating the restitution of nationalized property, Minister-delegate for Budget Liviu Voinea said Wednesday. more

09.23.2012

Real estate consulting firms in Romania, owned by international realty groups, can no longer do property valuations unless they set up new companies with more than half of shareholders or associates more

09.16.2012

Omniasig, Allianz-Tiriac and Asirom - the three major insurers which are not part of the scheme that covers against natural hazards - are negotiating their entry into the shareholder structure of more

09.13.2012

Bankers have lost their patience with the customers falling behind with their payments and are trying to speed up recovery of the losses by putting thousands of houses and apartments foreclosed across more

06.19.2012

The European Court of Human Rights has accepted Romania’s request to extend by nine months the deadline to amend its law on nationalized property, Justice Minister Titus Corlatean told MEDIAFAX more

05.24.2012

The Romanian Government has decided to extend by one year, until May 15, 2013, the period during which the issue of compensatory certificates for nationalized property is suspended, according to a more

05.17.2012

The Romanian Economy Ministry wants to keep industrial property taxes unchanged at the level applied in 2006 for two years, until 2014, and put off a 20% tax increase introduced at the beginning of more

04.24.2012

The Romanian Government confirmed Tuesday it has asked the European Court of Human Rights to extend the deadline to amend the law on nationalized property. more

04.11.2012

Compensation to people whose property was abusively seized during the communist regime will be caped at 15% of the value of the property and will be paid in tranches in the next ten to twelve years, more

03.08.2012

Land prices in Bucharest will remain at levels seen at the end of 2010, with the only areas to see declines in prices and demand being the ones in the outskirts and those without infrastructure, more

02.09.2012

New Europe Property Investments (NEPI) and Carrefour Property on Thursday announced that more than 50% was rented in the Ploiesti mall they are jointly developing. more

01.13.2012

Romanian insurance companies ever more often pay millions of euro for damages caused by fires or natural disasters, having turned to this sector during the crisis, to offset the dropping sales of car more