Bucharest
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Benvenuti: Sales suffer in Bucharest because of large number of malls
Oradea-based footwear and leather products retailer Benvenuti calculated a 25% lower average till receipt (in RON) in the first half of this year compared with the similar period of 2008.
Real estate investment dearth: 6 large sites in Bucharest, a single mall in the country
The large real estate projects underway were started at least two years ago. Meanwhile, no investor has bet tens of million euros on housing or mall projects.
At what prices Bucharest houses trade during the summer
With prices ranging between 38,900 euros and 345,000 euros, houses and apartments are still being traded in Bucharest during the summer, in line with real estate agencies in the city, but pr...
Bucharest apartment prices fell by as much as 30% below deal taxation level
Gaps of as much of 30% or more have emerged between current trading values and minimum prices depending on which taxes and notary fees are paid. The minimum value of the real estate deal tax...
Bucharest residents spent 80m euros in Cotroceni Park in H1
Sales of the over 200 stores present in Cotroceni Park mall of Bucharest, the most expensive shopping centre developed in Romania, revolved around 80m euros in the first half of this year, w...
The first “glass” offices of Bucharest still lure tenants owing to location
The owners of Opera Center and Europe House office buildings of Bucharest, two of the first modern “glass” buildings, have recently rented spaces to Adecco Resurse Umane and BCR Banca pentru...
Over 7,000 employees have changed offices in Bucharest this year
At least 20 large companies have moved to another office space of Bucharest this year, particularly as projects City Gate of Piața Presei Libere and Lakeview of Barbu Văcărescu were finalise...
Bucharest's small hotels are the most popular with foreigners
Bucharest's small hotels are the most popular with foreigners
Prices of three-room apartments, down 9% in H1
Without any spectacular movements from month to month, prices of Bucharest three-room apartments continued to fall slowly, but constantly, in the first half of the year, reaching an average...