Radio Show: Global Business Moderator: Mr. Sotiris Karagiozidis Date: 10 / 11 / 2009 Topic: Crisis vs Real Estate – Evolution of Real Estate in Romania Start up to 00:08:00 Presentation of Mr. Ilias Papageorgiadis, MORE Real Estate Services and presentation of the 1st book published “Romania through my eyes” and last but not least the presentation of his personal blog for Real Estate http://www.iliaspapageorgiadis.ro/english 00:08:00 – 00:14:20 Small review of the predictions of Mr. Ilias Papageorgiadis regarding the crisis and general approach of Mr. Papageorgiadis [...]
“And what happened to all this demandfor offices, which was presented in several reports?”
Yesterday I was sharing with you the real situation that I see today in the office market of Bucharest. The prices were… cut off comparing to the ones of 2008 and the availability of office space was skyrocketed. Add on these two elements the fast contraction of Romanian GDP (probably it will be more than 9% down, comparing to 2008) and the world crisis and you create an “explosive” cocktail, ready to be served and cause major problems to almost everyone involved in the market. 2009 was dark, difficult, grumpy. 2010 is expected to be even worse, as we will reach the most [...]
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 ... 
