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

07.19.2011

Cora Lujerului (Militari), Auchan Titan, Carrefour Orhideea and Real Vitan are the stores with the highest sales of the four hypermarket chains in Romania, whose annual sales amount to EUR2.5 billion. more

07.18.2011

Industrial space rentals in Bucharest cumulated 48,100 square meters in the first year-half, similar to the figure in the same period of 2010, but the vacancy rate reached an 18-month low because more

07.14.2011

Businessman Radu Georgescu, who has sold several IT businesses in the past decade, has now parted with real estate company Metropolitan Developments, which owns several plots in central Bucharest, in more

06.30.2011

Retailer real,- Hypermarket Romania on Thursday said it has appointed Nicolae Danciu as senior manager for relations with local producers, starting July 1. more

06.30.2011

Flour, milk, poultry and pork have become over 6% cheaper in June against May, shows ZF’s food index, calculated based on Bucharest hypermarket prices. more

06.27.2011

Real estate consultants started regaining vigor last year, after seeing their turnovers dramatically eroded by the crisis in 2009 amid a severe transaction shortage on all market segments. more

06.15.2011

Real estate investment activity in Bucharest and Budapest should increase towards the end of the year, according to a report compiled in June by real estate consultants CB Richard Ellis. more

05.27.2011

The Austrian investors in Romanian real estate sector, which were the most dynamic buyers of local properties over the past ten years, are rather looking to consolidate their current portfolio than to more

05.24.2011

Ovidiu Sandor, president of Moda-Tim, has made a business out of taking advantage of the office space shortage in Timisoara and of the tradition in the clothing industry of a company that manufactures more

05.23.2011

Ion Alexandru Tiriac says there is still demand for office space and that he will start construction work of a 14-floor office building in Piata Victoriei square, at the northern end of the future more

05.19.2011

Realty projects currently available in Bucharest could generate transactions worth more than EUR300 million, Thursday said Cristian Ustinescu, investment director at real estate consultancy firm DTZ more

05.16.2011

Owners of inner city land for residential project development in Romania continued to decrease prices in the first quarter of the year, by up to 16%, under the pressure still felt from the economic more

05.11.2011

Dinu Patriciu Global Services, or DPGS, owned by Romanian businessman Dinu Patriciu, Wednesday said it has appointed Ioana Momiceanu as head of asset management for its real estate portfolio in more

05.09.2011

Michael Pieper, owner of Switzerland's Franke Artemis group, who also owns 10% in Carpatair, has 20 hectares of land near Timisoara, where he wants to develop a "Swiss village"-type of housing more

05.02.2011

Real estate investment activity in the first quarter cumulated some EUR200 million in Romania, double the level seen in the same interval of 2010, mostly boosted when CA Immo took over the Europolis more