real-estate
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Developers are awaiting better times
The number of real estate projects under construction is falling further as some companies are finalising works, while others are halting them.
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...
"Companies are willing to pay 30% more to get out of Pipera"
Real estate consultants believe that "before things get better, they'll get worse" on the office market of Pipera-Tunari area, which cannot be reached by underground and where car traffic is...
Real estate and construction sector managers are downbeat
The managers of Carpatcement Holding and City Mall shopping centre consider wage and pension cuts will shortly be followed by rising taxes, in the context where genuine steps to reboot the e...
Bankers granted three times fewer loans for agriculture than real estate
The increase in the number of failed real estate projects financed by banks, both on the residential and on the retail segment is raising doubts about how bankers calibrated their loan portf...
UniCredit, Banca Romaneasca, and Bancpost have biggest real estate exposure
UniCredit, Banca Romaneasca, and Bancpost are the Romania-based banks that granted the most loans to develop big real estate projects on the market, either on their own, in conjunction with...
Immoeast pays 5m euros to remain sole shareholder of West Gate Craiova mall
Austria's Immoeast, the real estate investor with the biggest exposure to the Romanian market, with around 1bn euros in its portfolio, paid almost 5m euros to remain the sole shareholder in...
Wienerberger: Romania had no real estate boom
Heimo Scheuch, CEO of Wienerberger, the world's biggest brick producer, with 1.8bn-euro annual turnover, states the firm he runs will expand further in Romania, considering the three plants...