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Real estate, constructions get a boost in Romania in 2015

Real estate, constructions get a boost in Romania in 2015

Investors will continue to show significant interest in Romania’s real estate sector and construction work will resume in 2015, according to a PwC report.

Eurostat: Romania, the highest increase in construction work in the EU in November

Eurostat: Romania, the highest increase in construction work in the EU in November

Romania went from the most significant decrease in construction in the European Union, as noted in October 2014, when compared to the previous month, namely minus 5.4 percent, to the highest increase in construction work in November compared to October, namely 5.8, the data presented on Monday by the European Statistics Office (Eurostat) shows.

Construction work volume down by 9.5% in Romania

Construction work volume down by 9.5% in Romania

The volume of construction work decreased by 9.5% in the first 11 months of 2014 year-on-year, according to data of the National Institute of Statistics (INS).

Romania registers largest drop in construction work in the EU

Romania registers largest drop in construction work in the EU

Romania registered the largest decrease in construction work among the EU member states in October, compared to September 2014, according to data from Eurostat.

Number of residential constructions up by 7% in Romania

Number of residential constructions up by 7% in Romania

The number of dwellings built in Romania increased by 7% in the first nine months of the year compared to the same period in 2013, reaching 28,555 units, according to the National Institute of Statistics.

Construction works decreased in nine months compared to previous year

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.

New offices in Pipera: Bog’Art to demolish Farmexim warehouses and Octagon is digging for Hermes 2

New offices in Pipera: Bog’Art to demolish Farmexim warehouses and Octagon is digging for Hermes 2

The autumn has started with the opening of two new offices construction sites near Pipera metro station, the new buildings being planned to be delivered in 2016.

Construction progress of Bucharest One, second tallest building in Bucharest

Construction progress of Bucharest One, second tallest building in Bucharest

Bucharest One, the office tower which will be upon its completion the second tallest building in Bucharest raised its head of ground near Pipera passage in the north of the city, after the construction works started this spring.

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