1. Bulgaria seeks public – private funding for highway connecting Romanian border to Turkey 2. Romanian authorities announce EUR 1 bln tender for airport metro line 3. Austria’s S IMMO Invests EUR66M In Bucharest Offices 4. Statistics point to trade deficit up 15.4% in first quarter for Romania 5. Operational leasing market up 24 percent in Q1, reaches 40,356 units [...]
09.05.2012: Top 5 news of the day
1. INS: Adjusted Construction Works Down 8.8% On Month In March 2. Bosch to build EUR 77 mln automotive technology plant in Cluj-Napoca 3. Samsung rents entire floor in office building near Otopeni airport in Bucharest 4. INS: Romania’s Trade Gap Widens To EUR1.7B In First Quarter 5. British Airways Grows Faster In Romania Compared To Rest Of CEE [...]
08.05.2012: Top 5 news of the day
1. Bucharest-Ploiesti Highway Delayed Again 2. Samsung Electronics Romania rents 3,000 sqm in Willbrook’s Platinum Business and Convention Center 3. Government invests EUR 72 million in modernizing the Constanta and Oradea airports 4. Romania Has The Advantage Of The Flat Rate, But Loses Attractiveness Because Of Social Contributions 5. Ropharma Owner Set To Boost Production To 10% Of Turnover [...]
07.05.2012: Top 5 news of the day
1. H&M Raises Revenues Of AFI Cotroceni Mall By 15% In 1Q To EUR46M 2. Subway Opens Second Restaurant In Romania 3. GO Sport Arrives In Romania To Compete With Decathlon, Hervis And Intersport 4. Social economy gains prominence on local market 5. Gabriel Resources: We hope the new Romanian Govt. talks to us before going public about Rosia Montana [...]
30.04-04.05.2012: Top 5 news of the day
1. Apartment Prices In Bucharest Almost Flat In January-April 2. Little London starts expansion works on Bucharest campus with EUR 3 million 3. Region’s infrastructure to get USD 10 bln Chinese boost, Romania’s Constanta port could be import hub 4. Big Romanian banks suffer a bruising first quarter: BRD’s profits down, BCR records losses 5. Romanian pharmacy chain Sensiblu buys competitor City Pharma [...]
03.05.2012: Top 5 news of the day
1. Le Monde: Romania’s farming land, El Dorado for Western European farmers 2. Official exchange rate points to new historic low for Romanian currency 3. Romania’s Central Bank keeps key interest rate flat after political tensions, local currency volatility 4. Pipera flyover in North Bucharest opens for traffic 5. Delta Air Lines buys oil refinery to save USD 300 million a year on fuel [...]
02.05.2012: Top 5 news of the day
1. Little London starts expansion works on Bucharest campus with EUR 3 million 2. ZF Index: Three-Room Apartment Prices Up For Second Month In A Row 3. Region’s infrastructure to get USD 10 bln Chinese boost, Romania’s Constanta port could be import hub 4. Big Romanian banks suffer a bruising first quarter: BRD’s profits down, BCR records losses 5. Romanian bank Banca Transilvania sees profit up in first quarter [...]
23-27.04.2012: Top news of the week
1. Price of Bucharest apartments down 50 percent on 2008, says homefinders.ro 2. Bucharest City Hall adds integrated transport hub on Basarab Flyover 3. 100,000 sqm of office space to be delivered in 2012, up 12 percent y-o-y says DTZ Echinox 4. Real Estate Developer Redevco Prepares Exit From Romania 5. Romania’s budget deficit stays within IMF-agreed target 6. Romanian M&A market on stable course this year [...]
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 ... 
