Romania through my eyes

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 [...]

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What did Dr. Nouriel Roubini reply to me about Romania: “Romania has the potential to attract Foreign Direct Investments”


It was Thursday morning. After the first two days of MIPIM, everyone’s interest was focused on Dr. Nouriel Roubini, the famous economist who was about to speak in the Grand Auditorium of Palais de Festivals. His speech was very interesting indeed. Instead of a cold monologue, he was having a dialogue with a well known journalist, replying to questions and analyzing countries, problems, economic issues and their impact in the world of properties and investments.   You can watch it here:     “What about Romania?” The official speech ended and then it was [...]

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“How does a Private Equity or Venture Capital Fund really function?”


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 more about it. This is why I decided to be media partner and support the first seminar about all these. In the last weekend of March [...]

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Your (provoking) questions, my answers


  Hello from Cannes. While MIPIM enters in its “hottest” period, I would like to start replying again to your questions. I chose Wednesday as a day suitable for this and we start as of today. Soon you will notice that I will provide you with even more means of communication. Why is that? Because without your feedback, I would end up as a crazy (not old yet) guy, talking to myself. So, let’s see… What do we have today? Dan asks: What was missing in order to build something – anything! – on those vacant land? “So how was possible that most of [...]

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“Between housing loan in Euro with 7% and Ron with 10%, what should I choose?” “Loan in Euro at 5%, or wait. Patience is a virtue”


Last week, on 23.02, a reader of this blog sent me the following question: “Euro at 7% is dangerous because EURIBOR is about 1%, but what about RON? It stands at 10% with ROBOR at 6%. Isn’t this more dangerous? On a 20 years loan in RON, how will the credits and the ROBOR be converted in EURO?” There are more people asking me the same questions, expecting an answer by what is better: Housing loan in Euro or in Ron? Housing loan in Ron? You must be joking, right? With all due respect: What is this “loan in Ron for someone to buy his home” story? Are we talking [...]

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Replying to readers: “Developers and Real Estate agents have developed a big lie”


Last week I received a very interesting email by a reader of mine. She says several things, covering many different issues. I will reply to her today and tomorrow, trying to explain to her (and all of you) my opinion regarding several “urban myths” that she describes in her text. Mrs Anne G. wrote to me on Monday, 16.07.2010: (to read the first part of her email and my replies, please press here.) “Developers together with Real Estate agents have developed a huge lie” “Also, in order for them to sell their apartments, developers together with real estate agents have developed what I would call [...]

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