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INS revises 0.1 percent down economic growth in first 9 months of 2013

The National Institute of Statistics (INS) revised 0.1 percentage points down, from 2.7 percent to 2.6 percent, the economic growth in the first nine months of 2013, on the seasonally adjusted data, while on the gross series the estimation was maintained at the 2.7 percent level, according to the data the National Institute of Statistics (INS) released on Friday.

Bucharest, in TOP TEN Most Attractive Real Estate Markets in Europe

The most interesting ten markets in Europe for the real estate investors are Bucharest, Warsaw, Dublin, Amsterdam, Milan, Barcelona, Roma, Madrid, Brussels and Luxembourg, according to BNP Paribas Real Estate’s analysts.

AEW Europe supports the development of Lola & Liza which expands on 1,100 sqm in Brussels

AEW Europe, as asset manager for Le Marquis, expands the Lola & Liza Group on 1,100 sqm at 1, Rue du Marquis in Brussels.

The Office Market in 2013: 22% Growth of Transacted Area

The rent transactions of the office spaces in Bucharest totalized in 2013 approx. 300,000 sq. m, with 22% growth compared to 2012, the relocations, the renegotiations and the renewals representing over 80% of the market, according to Esop Consulting.

Globalworth buys two Bucharest office buildings

Globalworth Real Estate Investments bought Tower Center International and Upground Tower in Bucharest for €152m in cash and shares.

Lapinski, Skanska Property Romania: The main elements for a constant growth on the real estate market exist

The real estate market has already overcome the most difficult period and there are the main elements for a constant growth, has declared Marcin Lapinski, the CEO of Skanska Property Romania, the developer of the office project Green Court Bucharest for WALL-STREET.RO.

The developer Adama appointed new head, a former executive within Metro Group

Laszlo Csiki, former executive within Metro Group, is the new executive manager of the real estate developer Adama, replacing Andreas Holler who was named member of the administration council of Buwog.

The relocation of the year started in Bucharest: Oracle transfers 2,500 employees in Floreasca Park

The American IT giant Oracle, which has reached 2,500 employees in Bucharest and EUR 105 million turnover in 2012, has started the relocation process of its activity in Floreasca Park from Northern Bucharest, representing the biggest move of this type from Bucharest.

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