05.07.2014

Owners of old 3-room apartments in capital Bucharest gathered up courage at the beginning of this year and started slightly raising the asking price in certain districts of the city. more

05.07.2014

Real estate developer AFI Europe, controlled by Israeli billionaire Lev Leviev, started works for buildings four and five of AFI Park office project, built around AFI Palace Cotroceni shopping center more

05.05.2014

The share of homeowners who took out a mortgage loan tripled on the year in 2013, while the average value of a loan reached RON140,000 (EUR31,700), according to a study conducted by local lender BCR, more

05.02.2014

OMV Petrom (SNP.RO), the largest oil and natural gas producer in Romania, is selling about 70 pieces of property, such as land, apartments, corporate buildings, a sports center and a public swimming more

04.28.2014

Businessman Ioannis Papalekas, one of the most discreet investors on the Romanian real estate market, in early 2014 repurchased office buildings BOB and BOC of northern Bucharest from RREEF, the real more

04.16.2014

Romania ranks third in Central and Eastern Europe (CEE), after Poland and Russia, regarding the value of real estate transactions which saw tremendous growth in the first quarter of 2014, to EUR303 more

04.14.2014

Kiseleff Development, owned by several Romanian investors, will assign EUR40 million for the construction of an office building and a shopping center on the site of the former Grivita brewery in more

04.11.2014

Auchan group finalized the refitting of the 20 Real stores it officially took over at the end of last July after it got the Competition Council’s ok. The French group invested around EUR40 million more

04.08.2014

Romanian insolvency practitioner Casa de Insolventa Transilvania (CITR) sold real estate assets in of around EUR10 million in March, including a EUR1 million penthouse in the Alia Apartments more

04.02.2014

Romtelecom, one of the largest telecom operators in Romania, has chosen audit and advisory firm KPMG to appraise its real estate assets throughout the country. Romtelecom owns almost two million more

03.28.2014

The number of investors operating on the real estate market of offices, shopping malls, logistics and retail spaces is falling as a series of new projects are being delivered and the arrival of new more

03.18.2014

SIF Banat-Crisana (SIF1.RO), SIF Moldova (SIF2.RO) and SIF Muntenia (SIF4.RO) plan to continue selling banking stock in 2014 and shift investments to less traditional activity fields for the regional more

03.12.2014

Auchan Romania rebranded its real hypermarket in Craiova town, which will be opened Thursday, being the 14th remodeled unit of the 20 bought from German group METRO. more

03.06.2014

Shimon Galon, one of the savviest real estate developers on the Romanian market, has left GTC Romania after 15 years at the company’s helm. From this position he coordinated office, retail and more

03.04.2014

The number of real estate deals in Romania increased 8.2% on the year in January, to 59,701, the national cadastre agency ANCPI said Tuesday. more

03.04.2014

At present, 15 large shopping centers and 25 hypermarkets are operational in Bucharest, but retailers and real estate developers believe the market is not well covered. Thus, in mid-February, seven more

02.27.2014

The Romanian Finance Ministry considers limiting cash payments for houses or cars transactions to RON10,000, like in the case of cash payments between individuals, or even to RON50,000 for real estate more

02.21.2014

Seven real estate groups, three of which are Romanian-held, in 2013 generated revenue of almost EUR315 million from operating the malls or office buildings they own, up 12.3% year-on-year, according more

02.21.2014

Nikos Chlepas, a Greek investor who was involved in the Neoset furniture business five years ago, as well as in several real estate projects, last year switched to snail farming with a 10-hectare more

02.19.2014

Auchan Romania will reopen real hypermarket in Pitesti city Thursday, being the fifth store rebranded this year and the 12th of the 20 real hypermarkets Auchan acquired last year from German group more

02.13.2014

Real estate transactions in Romania will grow slightly in volume this year, especially on the office space segment, while Dublin, London and the main cities in Germany are the most attractive markets more

02.12.2014

The central-western part of Romania’s capital city Bucharest has the highest potential for office developments, due to good infrastructure, low office stock and low vacancy rate, real estate more

02.06.2014

The number of real estate deals rose by 17% on the year in 2013, to 824,989, most of them closed in the capital city, Bucharest, according to the data of the national cadastre agency ANCPI. more

01.30.2014

Ten of the most important real estate projects gone insolvent or bankrupt in Romania can be had for about EUR230 million, according to a ZF analysis of the assets put up for auction in the first half more

01.23.2014

Charles de Gaulle Plaza (CDG), the office building overlooking the main entrance to the Herastrau Park in northern Bucharest, was sold between two funds managed by GLL Real Estate Partners for almost more