Bucharest
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Bucharest's first office building with a helipad completed by yearend
Search Corporation, a constructions design and consulting services firm, with turnover worth around 15m euros, will finalise Crystal Tower building in downtown Bucharest by yearend, the firs...
IMF chief expected in Bucharest on March 30
International Monetary Fund managing director Dominique Strauss-Kahn is expected on a short visit to Bucharest on March 30; this is the second visit to Romania by a head of the international...
Banks worried about 850 million euros lent for malls in Bucharest
Eight banks have granted 850 million euros in financing for the malls in Bucharest over the last four years. Sun Plaza, the latest such project, is a bet of the Austrians at Erste and Vienna...
Raiffeisen looking for land in Bucharest for new headquarters
Austria's Raiffeisen group, one of the biggest players on the Romanian banking market, is seeking a plot of land in Bucharest to develop an office project where the bank's Bucharest operatio...
Carrefour challenges Mega Image’s position on Bucharest market
Carrefour will soon branch out into supermarkets in Bucharest by taking over the space of some convenience stores operated by local retailers, sources on the market say. One of the first Car...
Half a billion euros, buried in Bucharest plots of land for over three years
Spanish, Israeli or Greek investors have been buying, for more than 3 years, plots of land with a total area of over 100 hectares in Bucharest, planning to build houses, offices or malls, bu...
Instalments for three rooms: from 600 to 350 euros in two years
The monthly instalment of a loan for the purchase of a three-room apartment in Bucharest has dropped from around 600 euros to 350 euros in less than two years amid the almost 50% lower price...
New homes in Bucharest, half as many as last year
The number of new homes completed in Bucharest this year will drop by around 50% against 2009, to 3,000-3,500 units, as a result of the decline in the number of transactions, which led to ma...
Bets on apartment prices
Real estate consultants are hoping for a year with no significant changes in Bucharest apartment prices and believe the first half of the year can only bring downward adjustments as the econ...