My interview Posted on February 1, 2008 Fuente: SimaPress – Diego Uriarte, Oficina de Prensa SIMA08 Interview with Ilias Papageorgiadis, General Manager, More International Invest, Romania. – What are the reasons that have motivated your participation in SIMA this year? – We are one of the leading real estate brokering companies in Romania. Based on the fact that Romanian market still having many opportunities for investments and other European markets have reduced expectations, we have created a strategy to present ourselves and the dynamic Romanian market to all the “key markets” for [...]
Lessons from an exibition
Lessons from an exhibition: What Romanians want TODAY On Sunday it was the last day of “Condominium Fair”, the first exhibition of the year for residential projects. My company participated there with a stand, but we did not present one exclusive project. We usually present to people many offers, over 200, so as to match with the REAL needs of the clients. Also, we have the ability to discuss and to find what the client wants, totally customized to his needs. As we participated also to the “Condominium Fair” of 2007, I am able to compare the 2 events. They were both successful, mainly because [...]
Checking areas in the weekend…
Yes, I admit it, I am work alcoholic. But please find me a better solution, in order to know what is going on in my business and also to serve the endless list of clients that we have. So, except the exhibition for which I will inform you, I went to crosscheck all the progress in the eastern and the northern part of the city, from Pantelimon and Cernica, to Pipera, Stefanesti and Tunari. Also, I was on the phone with clients, who have properties for sale in these areas. The lessons I took were many, most of them regarding the behaviour and the psychological status of many people that I met / talked [...]
Marfin bank to double size this year
I just read online about Marfin Bank, one of the 7 Greek banks present today in Romanian market. Its President, mr Stylianos Sofianos, is a good friend of mine and I am very happy to find out that his target for this year is again to double the size of assets and profits. His perception about expansion is ‘‘always to be in the safe side’’, meaning that he avoids all risky choices. If you need a serious and flexible partner, Marfin Bank can be a very good choice. http://www.zf.ro/articol_161421/marfin_targets_assets_worth_890m_euros.html [...]
‘‘Best cities to live in’’
I read a very interesting article about the cities that Romanians choose to live in. Bucharest ranks first due to its high salaries, while Timisoara, Iasi and Sibiu are supposed to battle for the next two positions. This discussion is really endless and I am very curious to see who voted and why Cluj is not in the top 3. In my opinion the top 3 cities today for Romanians are Bucharest, Cluj, Timisoara and then Sibiu, Iasi, Constanta and Brasov follow up. Check also for a second the salaries. As it is written there, the average gross salary in Bucharest is over 500 euros / month (I point out this [...]
Friday night – endless traffic in Baneasa…
I slept like a baby, I was “dead tired” and as the plane was half empty, I found a double seat, so as to more comfortably. I opened my eyes 5 minutes before landing, due to a ‘’minor turbulence’’. I don’t remember myself watching Bucharest so dark… when we landed, I felt cold just by seeing the snow out of the window (and I left Thessaloniki with 14 degrees and sun…). To catch a cold in this situation is as easy as walking on the street. The other passengers looked tired too, so at least I was ‘’a member of the club’’. We waited 45 minutes for our luggage, for which I [...]
Back in Bucharest
Back in Bucharest I hope you all had nice time yesterday, a nice Valentine’s day and an even nicer Valentine’s night. Today I return to Bucharest, after a very long chain of meetings in Thessaloniki (if I am not wrong, my lovely brother has arranged for me 7 or 8, every 30 – 45 minutes…). The weekend is expected to be busy, as many clients have already requested a meeting and in the same time we have an exhibition in which we participate (Condominium Fair) and the installation of a new upgraded system of work… Do you still search why (millions of ) Romanians have money nowadays? First [...]
Q: How did 2012 start for the residential market in Iasi?
Dan Mihoci: The real estate market is headed towards normalcy, without “sentimental” pretentions of the seller or unfounded requests from buyers with an evident need for consultancy, for both buyers and sellers. Despite the bad weather and the economic and political instability, the real estate market is an interesting chapter for everyone.
Q: In 2011, the year started with a high level of interest but few transactions. How did the market evolve ... 
New airport in the South
“New airport in Bucharest in approx. two years”: Bucharest will have a new airport in the south in approximately two years, Realitatea TV informs, quoting Ludovic Orban, the Minister of Transportation. Orban announced at the end of last week that the feasibility study will be completed this summer, with the work set to start next year and finish towards the end of 2010. The project will be financed either from the budget either through a public-private partnership. “Irrespective of the financing method, it will start next year because the tendency to develop the northern area is already obvious [...]