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Construction works decreased in nine months compared to previous year

In the first nine months of 2014, compared to the similar period in 2013, the volume of construction works decreased by 10.8%, respectively by 11.7%, both as unadjusted series and as series adjusted with the working days number and seasonality.

A group of real estate investors to fully rent the 6th floor of Ethos House

A group of companies owned by real estate developers and investors joins the tenants of the new office building Ethos House by renting nearly 1,000 sq. m representing the entire 6th floor of the building, a transaction brokered by Crosspoint Real Estate.

By 2020, the Romanian IT industry will need 300,000 specialists

With an IT market that currently has a labor force of 120,000 specialists, Romania needs to fuel its fast development in this field by training another 180,000 IT specialists. By 2020, the industry’s needs will be of at least 300,000 people.

Fastest growth Barbu Văcărescu – Floreasca area radically changed during crises through EUR 600 million investments

Less than one kilometre radius around Aurel Vlaicu metro station the real estate investors built and are continuing to develop office buildings which could accommodate 40,000 employees.

Real estate deals to exceed EUR 1 bln in Romania this year

Real estate deals will exceed EUR 1 billion in Romania this year, which is a record since the crisis hit the local market.

EUR 9 mln residential project to be built near Bucharest

Kape Premium Imobiliare – a residential developer active in France and Italy – is investing approximately EUR 9 million in building 100 villas in Frumusani, south-east of Bucharest, according to Premier Estate, the project’s agent.

Secure property successfully completes the EUR 5.85 million acquisition of Danone building in Bucharest

SECURE Property Development & Investment PLC announces that, further to its announcement of 29 August 2014, it has completed the acquisition of the EOS Business Park, a fully let income producing office building in Bucharest, Romania, which is the Romanian headquarters of Danone, the French multinational food company.

Romanian analysts say local shares and real estate are the best bets for 2015

Romanian financial analysts believe shares are the best investment next year, followed by real estate assets, according to a survey during the Chartered Financial Analysts (CFA) Forecast Dinner, quoted by local Wall-street.ro.

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