The crisis has driven the Greek investors out of their own country. Only 5% have arrived in Romania Because of the prolonged crisis that swept Greece, Greek investors are seeking business opportunities in other countries. "Greece is in shock. Greek companies are not investing in the country, Romania being one of the 4-5 destinations for the Greek investors." said Ilias Papageorgiadis, CEO of More Real Estate Services. However, for every 100 euros invested by the Greeks in real estate properties last year, 80 euros took London's way and only 5 euros reached the Romanian [...]
[relevant-to-adsense]What will happen in Romania if we add eligible persons to “Prima Casa” without having the necessary funds
part 2 of the text with title: “Why do you want to follow all possible mistakes that Greeks have done? “Prima Casa for all” will become “Prima Casa for no one” On Thursday I explained to you what happened in Greece, once the politicians started spreading money to people, multiplying the number of eligible people for every category of State aid. Today let us check what will probably happen in Romania, if the country increases the number of eligible people for “Prima Casa”, without having the necessary funds to support this action. A nice idea, which sounds [...]
[relevant-to-adsense]Wednesday at CPI: Ask me whatever you wish. I will have to reply in 90 seconds…
CPI is “Clubul Profesionistilor Imobiliare” (Real Estate Professionals’ Club), a project organized by www.imobiliare.ro. They are the only ones so far who have managed to gather every month different Real Estate professionals, in order to discuss about the market, the trends and ideas of how to become better. I consider it as an important platform to exchange opinions, even to build some collaboration with other people who share the same principles and ideas. This Wednesday at 19.00 I am invited to be the speaker there. I will talk about Cannes and MIPIM. What happened there [...]
[relevant-to-adsense]Why do you want to follow all possible mistakes that Greeks have done? “Prima Casa for all” will become “Prima Casa for no one”
I have been reading several articles lately, regarding the intention to increase the number of eligible person for “Prima Casa”. Instead of the ones who don’t have any property on their name, now there is an announced intention to include more categories in the project. In the same time, the available resources cannot support not even the existing demand. “Then why do we want to increase the number of potential applicants?” one may ask. “In order to give the chance to more people to obtain the property of their dreams” the politicians will reply. “In [...]
[relevant-to-adsense]10 short questions – 10 short answers for the Romanian office market in Q1, 2011
“Is it moving?” – Yes, it does. Much less than how some people try to convince us, but this segment had several transactions during the first quarter of the year. “What kind of transactions did we have?” – Mainly three types: The relocations for lower cost, the leasing of top locations and the rest of the market, where almost all is measured by price. “Does this mean that the market has exited the crisis?” – Not really, but this is an important indication for the market’s direction. The market awarded the best locations and projects, asking [...]
[relevant-to-adsense]Stop playing with the investors! There is no reason for apartment prices to rise due to “Prima Casa III”
Hello and have a nice week everyone. Last week we started listening news regarding “Prima Casa III” and the fact that its funds are running out. It was announced that the daily number of applications rose from 40 to 70 – 80 and that the available amount of 200 million Euro will finish during the following weeks. What is interesting with this news is that it is combined with “analyses by experts” who claim that “this fact will rise the prices of apartments”. Nothing less true than this! Some people continue trying to play with the investors! I personally [...]
[relevant-to-adsense]8 wrong approaches regarding Fukushima incident and nuclear energy in general
Hello to everyone. It seems that my article about the consequences of the incident at Fukushima nuclear reactors attracted the interest of many thousands of you, plus several comments as well (to read it again, please press here). I have approved all of them, despite the fact that I disagree with almost all that is stated there (this is the meaning of democracy and freedom of speech after all) Today I would like to continue on this issue, writing to you my point of view regarding 9 approaches that I received as comments (and I consider wrong). “Nuclear energy is definitely safe in our [...]
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Few days ago, on Tuesday, I had presented to you an interview of Mr Gavin Ryan, an expert in Private Equity and Venture Capital Funds. As far as I understood from your feedback, this subject was really interesting for you, as the official information about this segment is really limited. This is why I decided to address to Mr Ryan again, summing some of your questions and adding some new ones. This domain is really interesting and I think that it worths to know ... 
The “safe bet” of H&M – A proof that serious projects have ground to grow in Romania
This month the Romanian fashion retail market changes for good. The Swedish giant H&M opens its first two stores this week, after a careful campaign and a serious investment. The majority of my Romanian friends are excited about the news and I am sure that the company will reach record numbers in visitors and sales during the upcoming weekend. Why it is important for Romania H&M is the first major retailer who “bets in Romania” during 2011. They don’t just open a store here, but they have reserved 6 and probably another 4! So, we talk about a major investment, taken [...]
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