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Articles - investitii imobiliare

EUR 200 mln urban development plan for Bucharest’s downtown to be presented this week

Bucharest’s chief architect, Gheorghe Patrascu, will present an integrated urban development plan for downtown Bucharest worth EUR 200 million on June 3 during LAUD, the first event dedicated to urban public spaces and green spaces to be held in Romania.

The real estate market should grow gradually in order to avoid a new `bubble`

Some real estate developers are optimistic regarding the office request in Bucharest and continue the investments, but the vacancy rate of the spaces, the decrease of the rents, as well as the low purchase power on the local residential market cause a reserved attitude on the market, the development of this sector needing to be made gradually, in order not to enter a new “speculative bubble”.

RICS Global Commercial Property Monitor Q1 2014

Romanian occupational markets buoyant, investment market in recovery, but capital values stable short-term

First development phase of The Office inaugurated in Cluj Napoca

The first development phase of the most important office building project outside Bucharest was inaugurated in Cluj Napoca. Ovidiu Sandor and NEPI financed the project, which offers in its first phase 19,000 square meters out of a total of 54,000.

BCR successfully bids EUR 50 mln for Silver Mountain project

The real estate project Silver Mountain based in Poiana Brasov along with a piece of land near Snagov lake were acquired by BCR for around EUR 52 million in a tender organized on May 23 by Euro Insol, the judicial liquidator of INR Management Real Estate.

The market wakes. Real estate investors are here, but they are not opening yet their wallets

Real estate investors started entering Romania, but there are not opening yet their wallets, has declared Dietmar Reidl, operational manager within Immofinanz Group; however the real estate consultants consider that there will be transactions in the next months on the local market.

Pheonix Real Estate sold the logistics park in Clinceni, rented by Nestle, for EUR 12.6 million

Greece’s Phoenix Real Estate has completed the sale of Innovations logistics park near Bucharest to the investment company Secure Property Development & Investment, for EUR 12.6 million.

S Group delivers EUR 57.5 mln Green Gate project, seeks land for new office project in Bucharest

Czech real estate developer S Group officially delivered this Thursday the EUR 57.5 million Green Gate office project in Bucharest.

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