05.16.2017

Pedro Company Constructexim, of Petre Niculae, is building 1,500 apartments in the 21 Residence Politehnica complex, near the Cora Lujerului hypermarket on the Iuliu Maniu Boulevard in Bucharest’s more

04.26.2017

Average prices of apartments put up for sale across Romania rose 4% on the year in January-March 2017, the second largest growth rate in the last three years, according to a report by Analize more

04.07.2017

Average prices of apartments put up for sale across Romania rose 7.3% on the year in the fourth quarter of 2016, similar with the growth of house prices in Slovenia (6.9%), Austria (7%), Portugal and more

04.05.2017

Average prices of apartments put up for sale across Romania rose 4% in January-March, to EUR1,092 per sqm, from EUR1,050 in December 2016; prices also rose 1.1% on the month in March, according to more

03.16.2017

Petre Niculae is a very discreet entrepreneur about whom not much information is available. He was once a shareholder in oil products trader Oscar Downstream. more

03.02.2017

Average prices of apartments put up for sale across Romania rose 1.5% on the month in February, to EUR1,080 per sqm, and also increased 6.4% compared with EUR1,015 per sqm in February 2016, according more

02.06.2017

Average prices of apartments put up for sale across Romania rose 1.3% on the month in January, to EUR1,064 per sqm, and also increased 9.6% compared with EUR971 per sqm in January 2016, according to more

01.03.2017

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12.21.2016

The price of new apartments and the volume of real estate loans are estimated to increase by 5-6% in 2017, said Dana Demetrian, ‎ BCR Retail&Private Banking Executive Vice President. more

11.07.2016

Prices of apartments put up for sale across Romania fell 0.3% on the month in October, with the average price reaching EUR1,042 per sqm, and rose 6.3% compared with October 2015 (EUR980 per sqm), more

08.04.2016

Prices of apartments put up for sale across Romania increased by 1.5% on the month in July, with the average price reaching EUR1,035 per sqm, and by 9.6% compared with July 2015, according to more

07.26.2016

The average price of an apartment in capital Bucharest stands at EUR1,000/sqm, while prices can even reach EUR2,500/sqm in certain areas, according to a study by real estate company Re/Max Romania. more

07.04.2016

Only a month after the enforcement of the debt discharge law, apartment prices in capital city Bucharest and across Romania saw declines of 0.7% to 4% on the residential segment, according to a study more

06.02.2016

Prices of new and old apartments put up for sale across Romania fell by 1.4% on the month in May, to EUR1,002 per square meter, from EUR1,016 per sqm in April, according to real estate website more

05.12.2016

The talks related to the law on debt discharge stimulated the apartment demand and implicitly the price increase trend in April, according to real estate website imobiliare.ro. more

04.25.2016

BCR, BRD and Banca Transilvania, the three largest banks in Romania by assets, are looking for buyers for about 3,000 foreclosed houses and apartments, which they are offering for sale at lower prices more

04.07.2016

The prices for residential real estate slightly resumed growth last year, deputy central bank governor Liviu Voinea said Thursday. more

04.07.2016

Prices of apartments put up for sale across Romania increased by 6.5% in the first quarter of 2016, with the average price reaching EUR1,013 per sqm for old and new apartments at the end of March, more

02.02.2016

The average price of new and old apartments put up for sale countrywide increased by 2.1% to EUR971 per square meter in January, from EUR951 per sqm in December, and are 6.7% higher compared to EUR910 more

01.14.2016

Asking prices for apartments in central, semi-central and northern areas of capital Bucharest rose 4.6% in 2015, while in the eastern, southern and western areas, they fell 1.87%, according to a study more

01.06.2016

Regional investment fund SIF Moldova (SIF2.RO), which manages 1.5 billion lei (EUR337 million) assets, plans to start developing a residential complex on one of the plots of the former textile mill more

12.22.2015

Cluj-Napoca has outranked Bucharest for the first time by average apartment prices, in the fourth quarter of 2015, according to a study of real estate website imobiliare.ro and Analize Imobiliare more

12.07.2015

The highest price increases for apartments put up for sale in Romania in 2015 were registered in Cluj-Napoca and Timisoara cities, of 12.2% and 11.8%, respectively, while prices rose 3% in Bucharest, more

10.07.2015

Real estate developer Impact Developer & Contractor (IMP.RO), controlled by businessman Gheorghe Iaciu, ended September with the highest sales volume so far, 87 apartments in the Greenfield complex in more

09.30.2015

Expats’ demand for luxury apartment rentals in northern Bucharest rose this year by 7% on the apartment segment and by 5% on the villa segment, according to a study by real estate group Nordis. more