08.17.2012

Property firm Atrium European Real Estate on Friday reported that net rental income from the Militari Shopping Center in Bucharest reached EUR3.3 million in the first half of 2012, similar to the net more

08.01.2012

Romania’s investment volume was revised down for the whole 2012, to between EUR250 million and EUR300 million, compared with the original EUR400 to EUR450 million estimation, considering the first more

07.31.2012

The inflow of foreign real estate investors to the share capital of their Romanian units halved at EUR86 million in the first half of 2012, compared with EUR150 million during the same period a year more

07.27.2012

It is still a renter’s market out there, office landlords learn when negotiating with companies seeking space to rent, which are now offering as little as EUR5/sqm a month. This is the usual rent more

07.10.2012

Overall commercial property investment volumes in Romania registered a steep decline in the first half of 2012, to a EUR55 million seven-year low, according to consultancy company CBRE. more

06.28.2012

Romania ranked on the 40th position in a Global Real Estate Transparency classification, from 32 in 2010, according to a survey of consultancy company Jones Lang LaSalle. more

06.13.2012

Four years ago, when the old Cocor store closed for an extensive upgrade program, it was over 90% rented and the average rent stood at EUR47 per square meter. Cocor Bucuresti (COCR.RO), which owns the more

05.28.2012

Holcim Romania, one of the largest cement producers on the local market, estimates the cement market will increase by 2% to 3%, with company officials still relying on infrastructure projects, at a more

05.17.2012

Banks are still reluctant to lend to real estate investors, so developers have to take more risks if they want to continue their projects and remain on the market, according to information presented more

05.15.2012

Real estate investors have become more cautious regarding their acquisition plans in Romania due to the recent political turmoil, according to DTZ Echinox, which estimates a moderate increase in the more

04.24.2012

Alpine Romania, the local subsidiary of Austrian construction group Alpine, which built one of the most expensive office projects in Romania, Petrom City, has in the past year changed its focus to the more

04.24.2012

Real estate developer Redevco, controlled by Cofra, which also owns the C&A store chain, has put up for sale the only plot it has in Romania, in Tulcea, where it had planned to build a mall. more

04.18.2012

The value of real estate transactions concluded in the first quarter of the year in Romania amounted to EUR99 million, but the overall real estate activity remains modest as the number of realty deals more

04.06.2012

The mortgage lending growth pace in February was half the monthly average of 2011, because not even government-secured loans are drawing customers to banks. more

03.29.2012

The overall surface of industrial space rented in Romania could grow by 15%-20% this year, from 150,000 square meters in 2011, according to realty advisors Cushman&Wakefield Romania. more

03.26.2012

The Romanian authority that administers government real estate properties, or RA-APPS, will resume procedures to auction off the assets that have not been sold in a first stage, Attila Dezsi, more

03.05.2012

As of March 25, all 70 flights operated from the Baneasa Airport will move to the Otopeni Airport. What will happen to the 200 hectares of airport land worth one billion euros? more

02.22.2012

Some of the investors who bought land in 2006-2007 with the intention to develop residential projects, are thinking of building hotels or retail projects on the lots, as the residential market remains more

02.16.2012

Bucharest land market will mainly include property held by financial institutions, and transactions concluded this year could see a low in terms of prices, with investors seizing this opportunity, more

02.16.2012

Romanian constructor Bog’Art, owned by businessman Raul Doicescu, has over the years built some of the top office projects in Bucharest and plans to take on building wind farms and enter the African more

02.13.2012

Financial daily Ziarul Financiar has summed up the real estate novelties of the past couple of months, which ignored the freezing weather outside, the protests in Piata Universitatii square and even more

01.30.2012

The most active real estate investor in the last three years, South-African investment fund NEPI (New Europe Property Investments), bet EUR250 million on Romania at a time when many foreign real more

01.20.2012

Sebastian Gutiu, managing partner of law firm Schoenherr si Asociatii, bets on the litigation department rather than on the real estate one for the next few years, as companies fail to observe their 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

01.06.2012

Bankers and insolvency firms’ agenda for the coming month includes auctions for foreclosed properties appraised at EUR36 million, reveals a ZF survey of the ads published by the top ten banks on the more