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Articles - rezidential

First phase of Metalurgiei Park Residence in Bucharest 90 percent sold

The first phase of the residential project Metalurgiei Park Residence, located in southern Bucharest, features 700 apartments, of which 90 percent have been sold.

Big city ‘satellites’ top residential development, says DTZ Research

Four localities (Selimbar, Floresti, Giroc and Miroslava) and three cities in Ilfov (Popesti Leordeni, Otopeni and Bragadiru) are in the top 15 deliveries of new homes in 2014, surpassing large cities such as Iasi, Ploiesti, Galati or Sibiu, according to a study by DTZ Research.

EUR 5 mln residential project to be delivered in August 2016 in Cluj

A EUR 5 million residential project called Contemporano will be developed in the semi-central area of Cluj-Napoca, Coldwell Banker announced. The project is developed by EBS Real Estate Investment in partnership with local construction company Coratim Group and will be completed in August 2016.

Turkish investors build residential project on former industrial site in Bucharest

Several Turkish businessmen will invest EUR 48 million in a residential project with 1,300 homes in Bucharest.

DeSilva Properties builds three residential projects in Romania

Real estate developer DeSilva Properties will build three residential projects in Romania with over EUR 20 million.

Pazo makes first step in the real estate development market in Romania

The owners of Pazo group, specialized in ceramic tiles and sanitary items distribution, intend to enter the real estate segment, considering the revival of the segment.

Octagon: The office market development will generate an increase of the residential request

The construction company Octagon, controlled by the businessmen Alexandros Ignatiadis and Paschalis Paganias, estimates for this year a turnover of nearly EUR 30 million, with 130 pct higher compared to 2014.

Galon: Residential market in Romania still awake, but the office market is overloaded, developers are stealing clients

The residential market is awake, the land owners which have waited for a long time are now beginning to understand the value of the lands they thought unprofitable, has declared for Profit.ro, Shimon Galon, former head of the real estate developer GTC Romania. In return, the office market is overloaded, and the developers are stealing clients from old buildings.

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