Real Estate Financing: Harder To Get, More Risks To Take
yesterday, 01:00
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 by bankers, investors and consultants that attended the seminar “New trends in real estate financing,” organized Wednesday by Ziarul Financiar in partnership with law firm Reff & Asociatii.
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US Trader Goes From Wall-Street Investments To Buying Farmland In Romania And Bulgaria today, 00:00
Jeffrey Notaro, a trader who worked on Wall Street for 18 years, where he traded both bonds and futures contracts, set up investment fund Black Sea... more
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Civil Engineering To Be Romanian Construction Sector’s Main Growth Driver - Survey yesterday, 13:25
Civil engineering will be the main growth driver of Romania’s construction industry in the next years, mainly due to infrastructure projects... more
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NEPI To Get EUR11.4M From BelRom For Investments In Promenada Mall Braila
05.15.2012
South-African real estate investment fund New Europe Property Investments (NEP.RO) will receive EUR11.4 million from BelRom for the completion of... more
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Spanish Developer Graells&Llonch Builds EUR200M Industrial Park In NW Romania 05.15.2012
Spanish company Graells & Llonch on Tuesday has started construction works on an industrial park in Turda, northwestern Romania, and the investment... more
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DTZ: Investors More Cautious Regarding Property Acquisitions In Romania Following Political Unrest 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... more
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Impact Developer&Contractor 1Q Revenues Shrink To RON2.7M
05.15.2012
Romanian realty developer Impact Developer&Contractor (IMP) reported revenues of 2.7 million lei (EUR608,478) in the first quarter of the year,... more
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Baneasa Developments CEO: The Big Problem Is Romania Doesn’t Have Its Own Banks 05.15.2012
Georgios Argentopoulos, whom Gabriel Popoviciu and his business partners put in charge of the commercial area of the Baneasa project at the... more
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JLL: Housing Prices In Bucharest To See More Noticeable Correction In 2012 05.14.2012
The prices of new dwellings in Bucharest dropped 4% in the first quarter of the year, after a slight increase registered in 2011, real estate... more
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GTC Group's Revenues From Romania, Bulgaria Up 41% In 1Q 2012
05.14.2012
The revenues of development group Globe Trade Centers (GTC) in Romania and Bulgaria grew by 41% in the first quarter of 2012, compared with the... more
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Over 25% Of Bucharest Office Premises Announced For 2012 Might Register Delivery Delays 05.14.2012
More than a quarter of office spaces in Bucharest due to be finished this year might register delivery delays because of pending legal issues or... more
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JLL: NEPI To Pay EUR81M For City Business Centre In Timisoara 05.14.2012
South-African real estate investment fund New Europe Property Investments (NEP.RO) will pay a total of EUR81 million for office park City Business... more
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Ponta: Government Stopped Financing Infrastructure Development Program 05.13.2012
The Romanian Government decided to terminate the National Infrastructure Development Program (PNDI) and stop financing works carried out through... more
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Militari Shopping Center's Rental Income Rises In 1Q 05.11.2012
Property firm Atrium European Real Estate on Friday reported that net rental income from the Militari Shopping Center in Bucharest climbed 3.8% in... more
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First Quarter Review: Consumption, Drugs And Mall Sales Up, Energy And Beer Sales Down 05.11.2012
The start of the year came with different signals from the main sectors of Romania's economy, so a clear trend cannot be outlined for the first... more
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Intercontinental Hotel Swings To Loss In 1Q 2012
05.10.2012
Romanian hotel operator Compania Hoteliera Intercontinental Bucuresti (RCHI.RO), which manages the Intercontinental hotel in Bucharest, swung back... more
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Austria’s S IMMO Invests EUR66M In Bucharest Offices 05.10.2012
Austrian investment fund S IMMO, part of Erste Group and the developer of the Sun Plaza shopping center in Bucharest, will invest EUR66 million in... more
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Spain’s Graells&LLonch To Build EUR200M Logistic Park In Romania
05.10.2012
Spain’s Graells&LLonch announced it is starting construction work on a EUR200 million logistic park in Turda, in the northwestern Romanian county... more
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Electrocarbon 1Q Net Profit Falls 30% On Higher Costs
05.07.2012
Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) Monday said its net profit fell around 30% on the year to 1.9 million lei... more
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Subway Opens Second Restaurant In Romania 05.07.2012
U.S. fast food chain Subway opened at the end of last week its first restaurant outside capital city Bucharest and its second in Romania, in... more
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H&M Raises Revenues Of AFI Cotroceni Mall By 15% In 1Q To EUR46M 05.03.2012
Retailers in AFI Palace Cotroceni mall in Bucharest, controlled by Israeli group AFI Europe, posted sales of EUR46.1 million in the first three... more
Romanian carmaker Dacia said Thursday it will launch two new car models, five-seat car Dokker and commercial vehicle Dokker VAN, in the
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Agricultural seeds producer KWS, a company with EUR0.9 billion in revenues from worldwide operations, has already run out of the corn
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Bunge, one of the largest vegetable oil producers in Romania, got the Competition Council’s approval to take over the oil plant in
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The Muntmarks were among the first people to set their eyes on the wind power three years before Romania became a EU member and now one
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Romania fell one notch to fourth place in a ranking of the most attractive destinations for private equity funds in Central and Eastern
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Despite the freeze caused by the heavy snowfall and the govenrment change, the economy remained constant in the first quarter compared
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Businessman Dan Sucu, who controls the Mobexpert business, worth around EUR113 million last year, says he was surprised by the good
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Vouchers for the clunkers scheme are traded on the market at prices ranging between RON2,600 and RON3,000, three times more than in
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Spanish developer Heliotech and its Romanian partner Solar Systems will develop a solar power project worth over EUR55 million in
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Ford Europe completed the EUR675 million investments in the plant in Craiova six months ahead of schedule and began production of the
moreInterview
ArcelorMittal Galati CEO: Productivity Must Increase, The Good Old Days Won't Return
Limits are only in our minds, and if the bad news is that it is tough out there right now and the good old days will not be back, there is also good news. This is but part of the philosophy of Bruno Ribo, the new chief executive of the ArcelorMittal steel plant in Galati, Romania.
