04.24.2012

Real estate developer Redevco, controlled by Cofra, which also owns the C&A store chain, has put up for sale the only plot it has in Romania, in Tulcea, where it had planned to build a mall. more

04.18.2012

The value of real estate transactions concluded in the first quarter of the year in Romania amounted to EUR99 million, but the overall real estate activity remains modest as the number of realty deals more

04.06.2012

The mortgage lending growth pace in February was half the monthly average of 2011, because not even government-secured loans are drawing customers to banks. more

03.29.2012

The overall surface of industrial space rented in Romania could grow by 15%-20% this year, from 150,000 square meters in 2011, according to realty advisors Cushman&Wakefield Romania. more

03.26.2012

The Romanian authority that administers government real estate properties, or RA-APPS, will resume procedures to auction off the assets that have not been sold in a first stage, Attila Dezsi, more

03.05.2012

As of March 25, all 70 flights operated from the Baneasa Airport will move to the Otopeni Airport. What will happen to the 200 hectares of airport land worth one billion euros? more

02.22.2012

Some of the investors who bought land in 2006-2007 with the intention to develop residential projects, are thinking of building hotels or retail projects on the lots, as the residential market remains more

02.16.2012

Bucharest land market will mainly include property held by financial institutions, and transactions concluded this year could see a low in terms of prices, with investors seizing this opportunity, more

02.16.2012

Romanian constructor Bog’Art, owned by businessman Raul Doicescu, has over the years built some of the top office projects in Bucharest and plans to take on building wind farms and enter the African more

02.13.2012

Financial daily Ziarul Financiar has summed up the real estate novelties of the past couple of months, which ignored the freezing weather outside, the protests in Piata Universitatii square and even more

01.30.2012

The most active real estate investor in the last three years, South-African investment fund NEPI (New Europe Property Investments), bet EUR250 million on Romania at a time when many foreign real more

01.20.2012

Sebastian Gutiu, managing partner of law firm Schoenherr si Asociatii, bets on the litigation department rather than on the real estate one for the next few years, as companies fail to observe their more

01.13.2012

Romanian insurance companies ever more often pay millions of euro for damages caused by fires or natural disasters, having turned to this sector during the crisis, to offset the dropping sales of car more

01.06.2012

Bankers and insolvency firms’ agenda for the coming month includes auctions for foreclosed properties appraised at EUR36 million, reveals a ZF survey of the ads published by the top ten banks on the more

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