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Articles - residential market

Over 1000 new housing units available in Bucharest

Four new projects developed in Bucharest, totaling 1,100 housing units, are now available for sale. The projects have been launched at the Timon real estate fair, Mediafax reports.

Tagor to deliver first phase of EUR 57.6 mln Pipera residential project this December

Israeli real estate developer Tagor will deliver this December 76 apartments part of a new residential project it has begun building in Pipera, northern Bucharest.

Murad to develop two residential buildings behind Orhideea Commercial Centre

Onix Residence, part of the group of companies controlled by the businessman Mohamad Murad, has developed 119 apartments building within a residential complex behind Orhideea Commercial Centre in Bucharest and started works for the foundation of the second building in the project which is scheduled for completion in the end of next year.

Euromall developing luxury residential project in downtown Bucharest

Real estate company Euromall will be developing a luxury residential project, Vernescu Residence, in downtown Bucharest. This is the first residential investment for the local developer controlled by Israeli investors.

Eurostat: Romania, 2nd in EU in terms of decrease in prices of dwellings in Q2

The prices of dwellings rose by 0.9% in the Eurozone and in the European Union these increased by 1.4% in Q2 2014 from Q1.

Hercesa to invest another EUR 30 mln in Bucharest projects

Hercesa plans to set off in 2015 the construction of the third stage of residential compound Vivenda in Bucharest and is in talks to start a partnership for the renovation of an old building in downtown Bucharest, both projects being expected to attract EUR 30 million from the Spanish company.

Impact SA to start residential project on EUR 9 mln plot of land in Bucharest

Romanian real estate developer Impact will start a residential project on a 26,000 sqm plot of land close to the Barbu Vacarescu area in Bucharest which it bought for EUR 9 million, the company has announced. The money was raised following a share capital increase.

Tagor sold more than a half of the first phase of Adora Urban Village in more than a year since the project completion

More than half of the apartments in the first phase of Adora Urban Village project were sold in more than a year since the completion of the project.
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