Residential - Business Review

Residential

Alpha Real Estate Services sells apartments worth EUR 20 mln in H1

Residential July 21, 2017 11:31 0 comments

Alpha Real Estate Services, the real estate services division of Alpha Bank group, sold 202 apartments from its portfolio in the first semester. The combined value of the transactions stands at EUR 20 million. The…more »

Greenfield_Impact_Romania

Impact buys EUR 10.6 mln plot of land for residential project in northern Bucharest

Residential July 18, 2017 15:52 0 comments

Real estate company Impact Developer & Contractor has bought a 22,000 sqm plot of land in the Domenii area of Bucharest for EUR 10.6 million (VAT not included), the company has announced. The land will…more »

Interview. Affan Yildirim: Anchor Grup to complete new residential project in Bucharest by end-2018

Residential July 11, 2017 14:04 0 comments BR Exclusive

Affan Yildirim, general manager of Anchor Grup, talks to BR about the company’s plans to expand its footprint into Bucharest’s residential segment this year and his outlook on the local real estate market through to…more »

Futureal’s Cordia to develop 400-unit residential project in Bucharest

News July 10, 2017 12:13 0 comments

Cordia, part of Futureal group, plans to develop a residential project with 400 units in Bucharest, near Romexpo Exhibition Center. The developer has acquired 15,336 square meters of land in this area from Alpha Bank,…more »

construction companies construction permits

Authorizations for residential buildings constructions up by 17.1 pct in May

Constructions June 30, 2017 13:12 0 comments

The number of authorizations for residential buildings constructions went up by 17.1 percent in May compared with May 2016 up to 4,342, after a strong decline in April. The increase in authorizations was due to…more »

The Estate estimates a turnover of EUR 120,000 for 2017

Residential June 23, 2017 09:39 0 comments

The Estate start-up, specialized in administration services for rented properties in Bucharest, estimates a turnover of EUR 120,000 for 2017, a growth from EUR 72,000 in 2016, once with the demand increase for property management…more »

Finance Ministry allocates RON 500 mln for Prima Casa program

Finance June 16, 2017 08:30 0 comments

The Public Finance Ministry allocates another RON 500 million for guarantees under the state-backed for Prima Casa program, at the request of the National Guarantee Fund of Loans for SMEs. The fresh guarantees were allotted…more »

IFC supports Alpha Bank Romania increase mortgage lending

Banking June 07, 2017 19:11 0 comments

IFC, a member of the World Bank Group, is providing a EUR 50 million loan to Alpha Bank Romania to support mortgage lending and help expand access to finance for prospective home owners in Romania.…more »

Land deals in Bucharest reach fresh high of EUR 127 mln in 2016 driven by residential, says report

Land May 10, 2017 12:51 0 comments

The land market in Bucharest recorded combined deals of 110 hectares in 2016, up 114 percent versus the previous year, while the value of the transactions gained 41 percent to EUR 127 million, according to…more »

Asking prices for Bucharest apartments up by 2.2 pct this April, says Imobiliare.ro

Residential May 08, 2017 15:00 0 comments

Asking prices for Bucharest apartments were up by 2.2 percent in April compared to the previous month, according to data released by online real estate platform Imobiliare.ro. The average asking price in Bucharest stood at…more »