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The Advisers has become a fully branded Knight Frank office in Romania

Knight Frank, the world‘s largest independent property group is to formally tie the knot with Bucharest based property partners, The Advisers, leader of the local office sector, becoming a fully branded Knight Frank business from the 4th June 2015.

Real estate market in Romania, biggest yields in the region

Joseph Houlihan, the president of the Managing Committee of European Property Federation, an organization headquartered in Brussels which includes real estate players with a total portfolio of EUR 1,500 billion, says that the real estate market in Romania is growing, attracting more and more the developers and investors due to the yields offered.

Unemployment climbs to 6.9 pct in April in Romania

Seasonally adjusted unemployment rate rose by 0.1 percent both against the previous month and compared to the level recorded in April 2014.

The 74th Meeting of the Managing Committee of the European Property Federation took place in Romania

At its Bucharest meeting, the Managing Committee of the European Property Federation gives top priority to expansion in Central and Eastern Europe under the leadership of Liviu Tudor, the founder and President of the Romanian Association of Building Owners.

Romanian companies’ most pressing problems

The most pressing issues companies in Romania face are taxation, competition and lack of demand, according to a Central Bank (BNR) analysis. Financing is also among pressing problems mentioned by Romanian companies.

Romanian real estate developer plans EUR 30 mln bond issue for new projects

Romanian real estate company Impact Developer&Contractor plans to launch a bond issue of up to EUR 30 million (RON 135 million) to finance its new projects, the company has announced.

Morad Group invests EUR 12 mln in two new Onix Residence blocks

Morad Group, one of the largest real estate developers in Romania, began the construction of two new blocks as part of Onix Residence, the investment being estimated at EUR 12 million.

Rolast Piteşti sold EUR 5 million plot of land to Jumbo retailer

Greek retailer Jumbo paid EUR 5 million to real estate company Rolast Piteşti for a plot of land of 34,000 sq. m situated outside Pitesti, where the retail plans to open a store.

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