07.09.2013

The four shopping centers operated by Argo Real Estate Opportunities Fund (Argo) in Romania were evaluated at EUR330 million at the end of March, down by nearly EUR7 million from the same period in more

06.18.2013

Romania’s real estate market continues to be highly dependent on bank loans because of a poor capital market development, according to an analysis by real estate consulting company DTZ Echinox. more

06.03.2013

Lawyer Daniel Voicu, one of the founders of law firm Voicu & Filipescu, with turnover of EUR3.8 million in 2012, is investing EUR1.5 million in a 10-apartment block in central Bucharest, between more

05.23.2013

Real estate developer Opus Land Development sold 125 apartments in Romanian residential compound Cosmopolis in Ilfov county this year and wants to deliver 250 more apartments by the end of the year to more

05.22.2013

Manor houses in Romania are available for sale at prices ranging between EUR300,000 and EUR2.5 million, the asking price of a 500-square meter penthouse put up for sale in Bucharest, according to real more

05.17.2013

The number of real estate transactions in Romania rose 32% in the first four months of 2013 to 262,649 from 199,362 in the similar interval a year ago, according to the country’s National Cadastre more

05.03.2013

Foreign real estate investors brought over EUR120 million to the capital of Romanian subsidiaries in the first three months of 2013, which is 7.5 times higher from EUR16 million in the same period in more

04.17.2013

The number of real estate transactions in Romania rose 26% to 187.712 on the year in the first quarter of 2013, but the number of mortgage deals registered at Romania's National Cadastre Agency more

04.08.2013

The last four years saw more insolvencies announced than new investments started, and going insolvent most often means bankruptcy and liquidation. more

04.03.2013

Real estate transactions in Romania amounted to EUR102 million in the first quarter of 2013, slightly up from EUR99 million in the same interval a year ago, but the country lags way behind other more

04.03.2013

Two thirds of the major real estate assets – malls and office buildings – in Romania are for the moment held by financing banks, reveals a ZF analysis. more

03.29.2013

Petrom City, the headquarters of the largest company in Romania, Sky Tower - the tallest building in Romania, and Crystal Tower - the only private building in Romania with a heliport, are among the more

03.22.2013

Regional investment fund SIF Banat-Crisana (SIF1.RO) will set up two holdings to transfer the companies in the real estate and hotel sector the fund is majority stockholder in. more

03.20.2013

A little more than 852,000 houses and apartments have been built in Romania in the last 23 years (1990-2012) or only 10% of the current stock of 8.5 million homes. The figure raises a question: can more

03.13.2013

The year may have started with rental deals for 1,000 to 4,000 square meters of office space, but several developers feel they have got the right solution to the current market and are willing to more

03.05.2013

Immochan, the real estate division of French-held Auchan, plans to start construction works on two commercial projects worth over EUR120M in Bucharest and Brasov in the coming months, said Tatian more

03.01.2013

The average asking prices for old three-room apartments in Bucharest rose in February for the third month in a row to an average of EUR76,200, according to the Real Estate Index compiled by ZF in more

02.26.2013

The ten largest investors on the local real estate market made EUR350 million revenue from malls and office space last year, while some of the groups even saw an increase by 20% to 30% in revenue, more

02.14.2013

Low-profile Greek businessman Ioannis Papalekas, who bought bankrupt City Mall and insolvent Tower Center office building in Piata Victoriei in downtown Bucharest, completed another major acquisition more

02.12.2013

The real estate arm of Piraeus Bank, Piraeus Real Estate, will invest several million euros to complete six apartment buildings part of the Seasons Residence complex in Brasov (central Romania). more

02.11.2013

The overall office space to be delivered in Bucharest this year will increase considerably compared with 2012, while the number of new retail projects will continue to decrease, real estate consulting more

02.11.2013

Investor sentiment regarding Romania’s macroeconomic fundamentals improved towards the end of 2012, leading to a more active investment market with a few large transactions in advanced stages of due more

02.05.2013

The amount cashed by the Romanian state from taxing revenue obtained from property transfers reached 499 million lei (EUR112 million) in 2012, close to the level in 2011, despite a 17% increase in the more

02.04.2013

Tower Center, Charles de Gaulle Plaza and Sky Tower – three of the best-known office buildings in Bucharest, started 2013 with more than 60,000 square meters of space available for rent over about more

01.17.2013

Three of the largest real estate consulting companies in Romania registered lower-than-expected turnover last year as political instability and a business climate that did not encourage investments more