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Outsourcing companies span half of Romania’s office market in 2015

More than 50 percent of registered office sector transactions in 2015 were done by companies in outsourcing, a strong increase from the 27 percent registered in 2014, show data from a CBRE study.

NEPI has 5 real estate projects in construction and 4 in pipeline, with more than EUR 175 million investments

South-Africa’s investment fund New Europe Property Investments (NEPI) has five real estate projects in construction, including three commercial centres and two office projects, with an area of more than 100,000 sq. m and more than EUR 100 million investments.

Big city ‘satellites’ top residential development, says DTZ Research

Four localities (Selimbar, Floresti, Giroc and Miroslava) and three cities in Ilfov (Popesti Leordeni, Otopeni and Bragadiru) are in the top 15 deliveries of new homes in 2014, surpassing large cities such as Iasi, Ploiesti, Galati or Sibiu, according to a study by DTZ Research.

Top offices outside Bucharest at 9 months: Iasi and Timisoara cities attracted more than two thirds of the tenants

In the first nine months of 2015 the large cities outside Bucharest registered office transactions totalling an area of 37,417 sq. m, with 46 pct. increase compared to the similar period of 2014 (when a total of 25,475 sq. m were transacted) and almost equal to the entire area transacted in 2014 (37,377 sq. m), according to ESOP study.

Romanian retailer borrows EUR 25 mln to continue fast expansion

Romanian retailer Profi will borrow EUR 25 million from the European Bank for Reconstruction and Development (EBRD).

Romania has among lowest annual inflation rates in EU

Romania’s inflation rate stayed in the negative domain in October, reaching -1.4 percent and coming in next to last among EU member states, according to data released by Eurostat, the statistical office of the European Union.

EUR 5 mln residential project to be delivered in August 2016 in Cluj

A EUR 5 million residential project called Contemporano will be developed in the semi-central area of Cluj-Napoca, Coldwell Banker announced. The project is developed by EBS Real Estate Investment in partnership with local construction company Coratim Group and will be completed in August 2016.

The lack of human resources keeps the Romanian software industry from developing more rapidly

The main factor that blocks the faster development of the Romanian software industry is the lack of available human resources. This happens because the number of those who graduate technical specializations is too small compared to the market’s demand, according to representatives of the Employers’ Association of the Software and Services Industry (ANIS).

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