This article was published on 14.09.2010 In the Lipscani area all commercial spaces are rented. On the opposite pole we have the real estate agents stating that for owners of commercial premises, in areas which were the stars of 2008 like Magheru and Calea Victoriei, is difficult to find customers In a market where nearly one quarter of commercial premises are vacant, the streets in the historic center of Bucharest are an oasis of prosperity. The rents declined also in this area, but considerably less than in other central areas like Piața Unirii Square or Romana. In addition, the real estate [...]
The tone in real estate will be given by foreclosures
This article was published on 30.09.2010 Last week on 23rd of September, 2010 I gave an interview for Curierul National where I spoke about the real estate trend as well as about foreclosures . Please see below this interview. Author: Diana State The trend started in 2010 and will increase in 2011 Although the requested prices are high, the transactions performed are made at levels ranging close to those of foreclosures Papageorgiadis: The sector will remain “frozen” because too many are trying to keep up the artificial prices In 2010 the real estate market is still a blocked one, and [...]
Only super luxury remains on Calea Victoriei:Prada and Armani are in, Alb și Negru are out
On the 13th of September 2010, I gave an interview to Mr. Ionut Morariu from Gandul newspaper. You can read bellow my opinions regarding the luxury from Calea Victoriei and the changes which started in this area. You can find the original article bellow: http://www.gandul.info/financiar/doar-superluxul-ramane-pe-calea-victoriei-vin-prada-si-armani-pleaca-alb-si-negru-7216715 Many traders give up on showcases located on the main commercial streets of Bucharest, but not all stores will remain empty: big names from fashion industry announce their entry The luxury brand Prada will soon open its [...]
The enemy of “bad” is “worse”(but opportunity lies beneath…)
Romanian Real Estate market continues contracting during 2010 This article was published in the special edition of Biz Magazine, celebrating 200 issues. 2010 started as a year full of promises and new challenges. I don’t know why, but too many people expected the Real Estate market to revive, without any change or move, nothing to improve the business environment. The same happened with the economy in general and we all know that it was not a correct approach. As the months were passing by, it was more than clear that the buyers will not accept the owners’ conditions, even if the last ones tried [...]
Property prices, forced to come with both feet on ground?
This article was published on 02.08.2010 On 07.07.2010, Adriana Dragusin, a well known Real Estate journalist of www.imobiliare.ro, asked my opinion about the market. Here you have it, together with the other experts who stated theirs. “In terms of drastic decrease of the purchasing power, it remains to see the market responses to the new needs of Romanians. The austerity measures taken by the Government in the last weeks have gathered themselves in a snowball which is visible increasing. The taxation of interest on bank deposits, increase of the VAT to 24%, tax increase if one owns more than [...]
“How to re-start Romania: Fight corruption, focus on education, agriculture, green economy, entrepreneurship”
This article was published on 10.07.2010 (Few days ago I contributed my opinion in the article of Corina Saceanu for Romania Business Insider about how to restart Romania. Below you can find the whole text, published on 07.07.2010, it looks quite interesting). “We’ve asked our readers to share their ideas on how we can re-start Romania. Or better said, on how can Romania be re-started. Not all the measures are in the hands of the people, but rather in the hands of our country rulers. But we’ve got some good ideas from some our expat readers, see them below. We thank them all for sharing their [...]
“We are here to focus on honest people and not on the ones who think wrong”
This interview was published on 19.09.2010 on www.profitimobiliar.ro, to Mr. Dan Calin., editor at www.fluximobiliar.ro You can read the original article here:http://www.profitimobiliar.ro/blog/?p=941 Ilias P. Papageorgiadis, CEO More Real Estate Services, started his activity in real estate domain in Greece and in 2004 he came in our country to continue the business here. He published a book about his experience in Romania, titled: “Romania through my eyes”. He answered to us to some questions, about his business, in Romania. 1. When and how did you get started your business in real estate? [...]
The tone in real estate will be given by foreclosures
Last week on 23rd of September, 2010 I gave an interview for Curierul National where I spoke about the real estate trend as well as about foreclosures . Please see below this interview. Author: Diana States The trend started in 2010 and will increase in 2011Although the requested prices are high, the transactions performed are made at levels ranging close to those of foreclosures Papageorgiadis: The sector will remain “frozen” because too many are trying to keep up the artificial prices In 2010 the real estate market is still a blocked one, and we can see that, it is a less dynamic sector, [...]
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 ... 
