The evolution of the real estate market depends on the crisis in Greece, because, if the situation of this country will stabilize and then the banking system will stabilize too so the local market will have money and it will be easier for the people to access loans for investments, says Ilias Papageorgiadis, the CEO and one of the founders of MORE Real Estate Services, a Top 10 company in the Romanian real estate industry. There are three pillars that support the stabilization of the prices in Romania. “One is the State, another one is the National bank and the third is represented by [...]
[relevant-to-adsense]Interview for Capital: Are you buying a house or are you waiting some more? What a specialist says about the evolution of the real estate prices
Filed Under: Uncategorized on Oct 03, 2011 @ 6:00 AM
What is the “atmosphere” in Europe regarding Real Estate investments in Romania?
Filed Under: Uncategorized on Sep 29, 2011 @ 8:00 AM
September is ready to tell us “goodbye” on Friday and October is about to start. And (for many years now) October for me means “EXPO REAL”. Right after the end of the famous “Oktober Fest”, one of the most important Real Estate fairs in Europe opens its gates. You can find out more about this event here. Having participated at the event for many years now, I am able to make the comparison from one year to another. And the difference was quite visible in the past: From hundreds of interested investors that I met in 2007, this figure dropped to [...]
[relevant-to-adsense]Uninteresting areas of Bastion, given for free to NGOs
County councilors are tired of holding tenders for renting spaces, in the "Theresa" Bastion. After five auctions, only half the spaces were recently renovated and leased. The last auction did not have any offers. County councilors decided that the spaces that were not rented from Bastion will be given free of charge to NGOs and subordinated institutions . Constantin Ostaficiuc, TCC president, justified the decision, saying that the institution he leads does not only think about profit. "It's time to start discussion about NGOs. There is a false impression [...]
[relevant-to-adsense]In Tulcea, apartments for rent are on the market for two days
There are big discrepancies between the real estate market segments in Tulcea, in terms of activity level. If the rentals, don't need more then 2 days to go off the market, the land situation is the opposite. Regarding trading units, things are more balanced because of the "Prima Casa" and Romanians working abroad. Whether it's apartments, houses or land, the price of all have fallen in recent years, but according to real estate agents in the area there is still room for reductions. "Compared to last year, the price dropped, but there is still activity. We can not [...]
[relevant-to-adsense]The Americans from Three Pillar to open office in Timisoara
The American software company, Three Pillar, present on the local market since 2008 with an office in Cluj-Napoca, decided to expand operations in Romania by opening an office in City Business Centre office complex in Timisoara. Three Pillar rented an area of 200 square meters in the project City Business Centre, developed by businessman Ovidiu Sandor close to Piata 700 in Timisoara. Timisoara was chosen to expand operations taking into account the indicators of human resources, and market characteristics. To this were added and ranked the technical university, experienced [...]
[relevant-to-adsense]8.5 billion euros, the investment planned for the metro extension. What will be the impact on housing market?
In coming years, the authorities intend to build 65 new metro stations. They are currently working on the Raul Doamnei-Eroilor section. In an increasingly crowded capital, access to public transpot and, in particular, the subway is one of the most important criteria for the selection of a home. This weighs heavily with companies, as well, when it comes to choosing an office building. According to a recent report by consulting company CB Richard Ellis, the authorities intend to expand the local subway network, which now amounts to 51 stations and this will have a positive impact on [...]
[relevant-to-adsense]Helical acquires major regeneration scheme in Tyseley, Birmingham (UK)
Filed Under: Uncategorized on Sep 23, 2011 @ 1:00 PM
Helical Retail, a joint venture between Helical Bar plc and Solihull-based Oswin Developments Ltd (the ‘JV’), has exchanged conditional contracts to purchase a 13-acre site at Reddings Lane in Tyseley, Birmingham from Eaton Electric Ltd. Subject to the receipt of planning permission, the JV intends to develop a 71,600-ft² (approx. 6,650-m²) Asda supermarket and 70,000-ft² retail park. The Helical Retail site forms part of a wider 30-acre regeneration project, which also includes an industrial scheme being developed by Mucklow PLC and a five acre residential development. [...]
[relevant-to-adsense]Confidence fragile in UK property, industry wide survey shows
Filed Under: Uncategorized on Sep 23, 2011 @ 12:30 PM
The UK property industry is innovative but confidence remains fragile although activity levels are expected to improve next year, according to a new survey. Downside risks are significant and the industry has clearly not ruled out a double dip with the lack of finance the clear number one threat, the latest survey of the residential property market from Savills shows. Base rates are forecast to rise to 0.8% by the autumn 2012, and to 4% by 2016 and the majority expect UK house prices to fall in the next 12 months, but only 9% of respondents expect falls in London. But 60% expect private equity [...]
[relevant-to-adsense]
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 ... 
