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Articles

TriGranit: Romania has a bigger economic growth, but Poland is more active in real estate

Romania is a less attractive market compared to Poland in terms of investments or real estate or transactions, despite the positive macro-economic indicators, considers Bogdan Macarie, development director within TriGranit Develop­ment, the real estate development company in the portfolio of the businessman involved in several projects on the local market.

Wholesale and retail business up 6.1 pct in first four months

The turnover of wholesale trade and retail and car and motorcycles service increased by 6.1 percent in the first four months, unadjusted series, due to the advance in trade with motor vehicles (14.7 percent) and maintenance and car service (6.8 percent).

Secure Property Development buys EUR 18 mln assets in Romania

Investment fund Secure Property Development has completed the acquisition of a 24.35% stake in the Delea Noua office building in Bucharest, which hosts Romania’s communications authority ANCOM, as well as several apartments.

Office buildings in Bucharest, more and more visible for the institutional investors

„The office market is recovering; the statistics are very clear in this respect. We see new transactions, and in 2015 there will be many more“, said Robert Neale, founder and managing director of one of the largest real estate developers in Bucharest, Portland Trust.

Stock market capitalization reaches all-time high in Romania

The market capitalization of all companies listed on the Bucharest Stock Exchange (BVB), including international ones, exceeded RON 150 billion (EUR 33.5 billion) in May, for the first time in the history of the local bourse.

Romania’s economic growth up 3 pct in 2015, says World Bank

The World Bank has upwardly adjusted to 3 percent its estimates of Romania’s economic growth in 2015, from a previous 2.9 percent this January, according to the June edition of the bank’s “Global Economic Prospects. The Global Economy in Transition” quoted by Agerpres and released on Wednesday.

Investors’ interest in Romania’s real estate, at a peak since 2008

The investors’ interest in Romania’s real estate market has reached the highest level since 2008, according to consultancy Jones Lang LaSalle (JLL).

Real estate consultants registered growth in 2014: CBRE, the best evolution

The real estate consultancy market was positive last year, but some players registered huge growths. Take a look at the top of consultants with largest advances in 2014.

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