12.28.2011

The Bucharest office market will not see any significant changes in 2012, in terms of rent as well as in terms of delivered areas, according to real estate consultancy firms. more

12.27.2011

The overall value of real estate transactions with grow by up to 10% next year, to EUR500-550 million, as banks liquidate non-performing assets, according to data supplied by realty company DTZ more

12.23.2011

This year can be regarded as a transition year, during which new insolvency cases came up, and new projects were completed. The apartments became cheaper, but prices did not plummet, and a series of more

12.20.2011

Although Bucharest officials are preparing to eliminate subsidies granted for the construction of mortgage homes, countries in the region continue to conduct similar programs, seeking to revive the more

12.07.2011

Romania’s Government is considering setting up a special real estate company to manage all properties of state-owned transport companies, hoping to improve their revenue generation and instate a more

12.06.2011

The number of real estate transactions unfolded in Romania between January and October rose 11% on the year, to 526,558, the land registry authority ANCPI said Tuesday. more

12.06.2011

Christopher Shonn, managing director of Argo Real Estate investment fund, the largest owner of shopping centers on the Romanian market, says attracting large foreign investors by exempting them from more

11.25.2011

Romania is too poor a country, too much in need of infrastructure, new homes, administrative buildings and even office and retail spaces not to see the real estate market return to growth over the more

11.10.2011

In 2007, developers of the Asmita Gardens in Bucharest sold one apartment per day, although the seven towers were not finalized yet. However, in the last seven months, with the blocks finalized and more

11.01.2011

Real estate transactions may be later challenged in court by the signatories or by third parties, if the property exchange or rental contract did not come with the building's energy efficiency more

10.26.2011

The Romanian real estate market is still in a relative state of stagnation and lending in the sector is unlikely to pick up any time soon, due to the high level of non-performing loans, a survey from more

10.18.2011

Bogdan Macarie, the executive who ran for one and a half years apparel retailer Debro Retail, the operator of the Debenhams stores, is now the new development director of Trigranit Development, one of more

10.07.2011

After the wave of foreclosures and real estate development bankruptcies in the last two years, local banks have come to hold office buildings, apartments and plots valued at nearly EUR1 billion in more

10.05.2011

The architecture and design market had its glory days between 2006 and 2008, simultaneously with the construction segment, and will not return to similar values in less than five years’ time, say more

09.27.2011

The newest “battles” on the Romanian retail market will be fought in Arad, Oradea and Constanta this autumn, where new malls are set to be opened. Four consultants inquired by ZF say, though, that more

09.21.2011

Romanian real estate consultancy firm Capital Property Advisors, held by the founders of investment boutique Capital Partners, Wednesday said they could conclude two realty transactions this year, more

09.16.2011

A large construction site stands in Floreasca, where the tallest building in Bucharest is being constructed; another site, next to the Polytechnic University, will host an office building. Smaller more

09.15.2011

Shareholders of Argo Real Estate Opportunities Fund approved the purchase of the Era shopping parks in Romanian cities Oradea and Iasi, which makes the investment fund the largest shopping center more

09.15.2011

Realty consultants Capital Property Advisors appointed Radu Lucianu, former head of consultancy firm CB Richard Ellis (CBRE) Romania, as general manager. more

08.29.2011

Realty investors find the Bucharest retail segment one of the most attractive in Europe, as compressed yields and higher rents bring substantial capital increase in the medium term, according to the more

08.11.2011

London-traded Argo Real Estate Opportunities Fund (AREOF) has a capitalization of just EUR15 million, but is about to become the largest owner of shopping centers in Romania, after acquiring the ERA more

07.28.2011

Almost 2,200 homes and plots of land, as well as retail space and factories, are currently for sale on the websites of the largest local banks. The number of ads is more than double compared with the more

07.26.2011

A number of very low-profile Romanian businessmen, such as Dragos Dobrescu, Remus Capota and Radu Dimofte, have started once again to build office buildings in Bucharest, smaller buildings, but more

07.25.2011

Real estate transactions unfolded in the second quarter of the year amounted to EUR23.5 million, down 87% from EUR213.94 million in the first quarter, in line with the trend seen in central and more

07.20.2011

The average price of old three-room apartments in Bucharest dropped by 1% month-on-month in June, from EUR81,400 to EUR80,600, according to the real estate index drawn up by ZF together with real more