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Higher demand for construction land in Romania’s largest cities: Iasi leads the ranking

Average prices for plots suitable for construction in big cities and their outskirts either stayed relatively stable or had a clear upward trend, according to an analysis by Imobiliare.ro on the past 12 months.

Romanian real estate developer to issue EUR 30 mln bonds

Romanian real estate developer Impact plans to issue corporate bonds in local currency (RON) and raise up to EUR 30 million (RON 135 million) for its projects.

Businessman Mohammad Murad bought the real estate consultant Coldwell Banker

Businessman Mohammad Murad, the owner of Phoenicia hotel chain, bought the real estate consultancy company Coldwell Banker Affiliates of Romania, the company that owns the master-franchise of US’s Coldwell Banker, from the entrepreneurs Alexandru Benga and Valentin Ilie, according to information confirmed by both parties in the transaction, wall-street.ro reports.

Only 2 of 10 construction companies show a low insolvency risk, says Coface

Coface Romania conducted a new analysis, considering the domestic sector of construction of roads and motorways, where there has been a major drop in investment amid income collapse.

Coffice: Instant offices and coffee lounge, in A class business buildings

Launched last summer by two Romanian entrepreneurs, Coffice is a new concept offering the beginning businessmen and entrepreneurs the possibility of renting offices and meeting rooms on short periods, even by hour, in business buildings and A class office parks.

EuropaProperty announces short-list for 10th annual SEE Real Estate Awards

The short-list for the upcoming 10th annual EuropaProperty SEE Real Estate Awards, representing the most outstanding and accomplished projects, companies and individuals throughout the SEE region in 2014, has been announced. Furthermore, leading players from the dynamic SEE real estate markets are now braced to take part in the region’s premier commercial real estate awards event on April 23rd 2015, at the Radisson BLU Hotel, Bucharest, Romania.

Unemployment rate reaches 6.8% in Romania

The unemployment rate in Romania reached 6.8% in 2014, down over the previous year.

Romania, second in the EU for highest price increases

Consumer prices went up in Romania in March, while going down across the EU.

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