Residential - Business Review


asking prices

Asking prices for Bucharest apartments up by 1.4 pct this January, says

Residential February 06, 2017 12:19 0 comments

Asking prices for Bucharest apartments were up by 1.4 percent in January compared to December, according to data released by online real estate platform The average asking price in Bucharest stood at EUR 1,157/sqm…more »


Palace Estate reports deals worth EUR 10 mln in 2016

Residential February 02, 2017 11:39 0 comments

Real estate brokerage and consultancy company Palace Estate brokered real estate deals valued at 10 million EUR in 2016, according to company data.  Last year the company saw a growing appetite for investment deals both…more »


Mulberry Development to start first development phase of ISHO project in Timisoara

Offices January 11, 2017 15:18 0 comments

Mulberry Development is to start the first development phase of the ISHo project in Timisoara's Take Ionescu area. The developer received the first building permissions and will soon start building the largest real estate project…more »

asking prices

Asking prices for Bucharest apartments up by 6.5 pct in 2016, says

Residential January 03, 2017 16:08 0 comments

Asking prices for Bucharest apartments were up by 6.5 percent in December 2016, compared to the same month a year ago, according to data released by online real estate platform The average asking price…more »


Immofinanz reports 3 pct rental income increase in H1 for Romanian properties

Offices December 20, 2016 11:57 0 comments

Austrian real estate company Immofinanz has seen its rental income increase by 2.9 percent in the first half of the abbreviated 2016 financial year, totaling EUR 22.9 million, according to company data. This represents a…more »

residential construction

Romania’s constructions sector down in October by 0.1 pct

Constructions December 13, 2016 11:33 0 comments

The constructions works registered a drop in October by 0.1 percent compared with the same month of 2015, because of the decline in infrastructure works, while the residential constructions works went up significantly, according to…more »

Bucharest apartments

Romanian apartments are more expensive than in 2015 | What are the prices

Residential December 09, 2016 12:31 0 comments

The average demanded price for the available apartments increased slowly in November compared with October by 0.2 percent at national level, from EUR 1,042 to 1,044 per square meter, but the current value is 8.3…more »

housing prices

Number of housing permits in Romania gain 13.6 pct in October

Residential November 28, 2016 12:25 0 comments

The number of construction permits for residential buildings in Romania grew by 13.6 percent to 3,415 in October, compared to the same month of last year, according to the National Statistics Institute (INS). The demand…more »


Real estate mogul Ovidiu Sandor kicks off development of new office building in Timisoara

Offices November 24, 2016 13:01 0 comments

Mulberry Development, the company of the entrepreneur Romania Ovidiu Sandor, will launch ISHO Offices, a new generation offices from Timisoara. The buildings, with a leasable area of 50,000 square meters, will be built in three…more »


Doamna Ghica Plaza residential project in 2016: 95 sold apartments and over 1,000 tenants

Residential November 01, 2016 16:13 0 comments

Alpha Real Estate Services (ARES) announces new data about the evolution of the residential project Doamna Ghica Plaza for 2016: 95 sold apartments in the first nine months at an average price of EUR 75,000…more »