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Articles - real estate market

Ploiesti, Oradea and Pitesti seen as emerging real estate markets

The real estate markets in Ploiesti, Oradea, and Pitesti, together with Arad, Sibiu and Bacau, will see an estimated yearly growth of approx. 5 percent in the next two years, both in terms of transactions but also housing prices, according to RE/MAX Romania.

Romanian property yields keep above CEE levels in 2015, show promises for 2016, Colliers International says

While in 2016 CEE property yields stood at 6 percent for office, 4 percent for retail and 6 percent for industrial, Romania kept a competitive edge at 7.5 percent for office and retail and 9 percent for industrial property, according to Colliers International’s 2015 Global Investment Outlook study.

Property market on the fast track upwards in Romania, says Colliers International

A Colliers International report analyzing the Romanian property market trends shows real estate is on an accelerated growth path, with the total volume of transactions expected to reach EUR 800 million by yearend.

Iulius Group to build 9,000 sqm building in Palas Iasi complex

Palas Iasi will expand to a 62,000 sqm GLA through the addition of United Business Center (UBC) 6, a 9,000 sqm Class A office building, shows a statement by the developer Iulius Group.

John Frederiksen, president European Property Federation: Romania becomes new Poland in the region

John Frederiksen, the president of the European Property Federation and the president of the Association of the Buildings Owners in Denmark told wall-street.ro in an interview how is perceived the attractiveness of Romania compared to other countries in the region, which are the main trends in real estate as well as the challenges for the European real estate owners.

We have signs that large funds are considering Romania for investments

The real estate market is a market which is waking up, is looking for its benchmarks and where precise transactions are taking place, said Francisc Peli, managing partner of PeliFilip law firm, during ZF Live.

2,500 real estate companies disappeared during crises, while debts reached EUR 15 billion

The number of companies with real estate as main field of activity has decreased during the period 2008-2013 from 23,100 to 20,600, while those companies’ debts has registered growth from EUR 13.2 billion to EUR 15 billion, according to a study made by ZF based on the data from the Ministry of finance.

Real estate market in Romania will increase with 5 pct. this year

Real estate in Romania will register this year a slight growth, following a revival in 2014, according to RE/MA study.
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