{"id":817,"date":"2009-06-04T16:28:00","date_gmt":"2009-06-04T13:28:00","guid":{"rendered":"http:\/\/http:\/\/www.iliaspapageorgiadis.ro\/en\/?p=817"},"modified":"2014-03-12T16:40:42","modified_gmt":"2014-03-12T14:40:42","slug":"ilias-papageorgiadis-finds-opportunities-at-times-of-crisis-in-properties-generating-income","status":"publish","type":"post","link":"http:\/\/www.iliaspapageorgiadis.ro\/english\/2009\/06\/04\/ilias-papageorgiadis-finds-opportunities-at-times-of-crisis-in-properties-generating-income\/","title":{"rendered":"Ilias Papageorgiadis finds opportunities at times of crisis, in properties generating income; Ilias Papageorgiadis g\u0103se\u015fte oportunit\u0103\u0163i pe timp de criz\u0103 \u00een propriet\u0103\u0163ile generatoare de venituri"},"content":{"rendered":"<p>\n\t<!--:en-->\n<\/p>\n<p style=\"text-align: justify\">\n\t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong> &quot;Currently, everybody is waiting for everything to worsen, since there are no sings that the real estate market could make a comeback&nbsp;&quot; &#8211; Ilias Papageorgiadis, CEO More Real Estate Services.<\/strong>\n<\/p>\n<p>\n\t<strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/strong>More Real Estate Services, the real estate consulting company, is concentrating on transactions with properties generating income, both for its own company and for the clients that he represents.<br \/>\n\t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The consulting company managed by the Greek Ilias Papageorgiadis supplies consulting services, <!--:--><!--:gr-->\n<\/p>\n<h4>\n\t&quot;Currently, everybody is waiting for everything to worsen, since there are no sings that the real estate market could make a comeback&nbsp;&quot; &#8211; Ilias Papageorgiadis, CEO More Real Estate Services<br \/>\n<\/h4>\n<p>\n\tMore Real Estate Services, the real estate consulting company, is concentrating on transactions with properties generating income, both for its own company and for the clients that he represents.<br \/>\n\tThe consulting company managed by the Greek Ilias Papageorgiadis supplies consulting services,&nbsp;<span style=\"text-align: justify\">&quot;<\/span>\n<\/p>\n<p>\n\t<strong>&Icirc;n momentul de fa\u0163\u0103 toat\u0103 lumea a\u015fteapt\u0103 ca s\u0103 vin\u0103 ce este mai r\u0103u, deoarece nu este niciun semn care s\u0103 indice c\u0103 pia\u0163a imobiliar\u0103 \u015fi-ar putea reveni &quot;- Ilias Papageorgiadis, CEO More Real Estate Services.<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; More Real Estate Services, compania de consultan\u0163\u0103 imobiliar\u0103, se concentreaz\u0103 pe tranzac\u0163ii cu propriet\u0103\u0163i care genereaz\u0103 venituri, at&acirc;t pentru firma proprie, c&acirc;t \u015fi pentru clien\u0163ii pe care &icirc;i reprezint\u0103.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Compania de consultan\u0163\u0103 condus\u0103 de grecul Ilias Papageorgiadis furnizeaz\u0103 servicii de consultan\u0163\u0103, pentru identificarea de propriet\u0103\u0163i \u015fi\/sau finan\u0163area de propriet\u0103\u0163i, &icirc;n principal &icirc;n domeniile comercial \u015fi retail (urm&acirc;nd ca activitatea s\u0103 fie extins\u0103 &icirc;n domeniile agricultur\u0103 \u015fi energie), a anun\u0163at CEO More Real Estate Services, &icirc;ntr-o conferin\u0163\u0103 de pres\u0103. Av&acirc;nd peste 200 de clien\u0163i &icirc;n portofoliu, compania este mandatat\u0103 pentru a intermedia tranzac\u0163ii cu o valoare total\u0103 de peste 400 de milioane de euro, de c\u0103tre persoane private \u015fi fonduri de investi\u0163ii care sunt gata s\u0103 investeasc\u0103 &icirc;n oportunit\u0103\u0163ile potrivite, &icirc;n special &icirc;n propriet\u0103\u0163i care genereaz\u0103 venituri, a mai fost amintit &icirc;n cadrul evenimentului.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &Icirc;n ceea ce prive\u015fte achizi\u0163iile f\u0103cute de compania pe care o conduce, Ilias Papageorgiadis a declarat c\u0103 aloc\u0103 un buget de 2 milioane de euro pentru astfel de achizi\u0163ii. &quot;Am cump\u0103rat propriet\u0103\u0163i &icirc;n Timi\u015foara \u015fi Cluj. Iar &icirc;n momentul de fa\u0163\u0103 compania poate cump\u0103ra propriet\u0103\u0163i &icirc;n valoare de 2 milioane de euro&quot;, a spus Papageorgiadis. El a mai ad\u0103ugat faptul c\u0103 urm\u0103torii 2 ani reprezint\u0103 o perioad\u0103 bun\u0103 pentru achizi\u0163ionarea de propriet\u0103\u0163i care genereaz\u0103 venituri. &quot;2009 este un an bun s\u0103 investe\u015fti. Acest an \u015fi urm\u0103torul reprezint\u0103 o perioad\u0103 bun\u0103 &icirc;n care po\u0163i s\u0103 investe\u015fti. Dar trebuie s\u0103 ai o strategie.Totodat\u0103, depinde \u015fi ce plan de investi\u0163ie ai&quot;, a explicat acesta.\n<\/p>\n<p>\n\t<strong>Chiar dac\u0103 nu era criza interna\u0163ional\u0103, bula imobiliar\u0103 tot s-ar fi spart<br \/>\n\t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/strong>&quot;Toat\u0103 lumea spune c\u0103 pia\u0163a imobiliar\u0103 s-a pr\u0103bu\u015fit datorit\u0103 crizei interna\u0163ionale, dar acest lucru este irelevant. Dar dac\u0103 nu venea criza mondial\u0103, bula imobiliar\u0103 oricum s-ar fi spart, deoarece am pierdut leg\u0103tura cu realitatea. Iar acum trebuie s\u0103 revenim la realitate \u015fi la pre\u0163uri corecte&quot;, a subliniat CEO More.<br \/>\n\t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Se poate observa c\u0103 sectorul comercial \u015fi cel de retail sunt mai pu\u0163in afectate dec&acirc;t cel reziden\u0163ial. Ilias Papageorgiadis ne-a explicat c\u0103 sectorul reziden\u0163ial a fost cel mai afectat deoarece avem &icirc;n pia\u0163\u0103 prea multe produse gre\u015fite, ansambluri reziden\u0163iale amplasate &icirc;n zone mai pu\u0163in bune \u015fi pre\u0163uri gre\u015fite.<br \/>\n\t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &quot;Sectorul de reziden\u0163ial a avut de suferit, deoarece aceast\u0103 pia\u0163\u0103 a fost condus\u0103 de str\u0103ini care cump\u0103rau blocuri la pre\u0163uri ridicate \u015fi erau min\u0163i\u0163i c\u0103 vor g\u0103si rom&acirc;ni care vor da pentru aceste apartamente mai mult. Iar astfel s-a ajuns la pre\u0163uri exorbitante&quot;, a subliniat Ilias Papageorgiadis.<br \/>\n\t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &Icirc;n ceea ce prive\u015fte evolu\u0163ia pie\u0163ei imobiliare, CEO More a spus: &quot;Nu v\u0103d semne reale c\u0103 se va &icirc;nt&acirc;mpla ceva anul acesta. Pia\u0163a va continua s\u0103 se duc\u0103 u\u015for &icirc;n jos, iar &icirc;n prima jum\u0103tate a anului viitor va atinge un minim. &Icirc;n a doua jum\u0103tate din 2010 lucrurile vor &icirc;ncepe s\u0103 mi\u015fte, iar &icirc;n 2011 pia\u0163a se va &icirc;ntoarce la normal. Normal nu &icirc;nseamn\u0103 c\u0103 investitorii vor da buzna &icirc;n Rom&acirc;nia \u015fi vor cump\u0103ra la voia &icirc;nt&acirc;mpl\u0103rii&quot;. El a mai precizat c\u0103 &quot;Rom&acirc;nia are un viitor,&nbsp; dar trebuie s\u0103 vedem ce suntem \u015fi unde suntem&quot;.\n<\/p>\n<p>\n\t<strong>Viziunea unui grec asupra pie\u0163ei imobiliare autohtone, cuprins\u0103 &icirc;ntr-o carte<br \/>\n\t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/strong>&Icirc;n cadrul conferin\u0163ei de ieri, Ilias Papageorgiadis \u015fi-a lansat \u015fi cartea &quot;Romania through my eyes&quot;. Cartea &icirc;n care este surprins\u0103 o introspectiv\u0103 &icirc;n lumea adev\u0103rurilor, miturilor \u015fi realit\u0103\u0163ilor care au modelat pia\u0163a imobiliar\u0103 din Rom&acirc;nia &icirc;n urm\u0103 cu un an, a\u015fa cum se vede prin ochii&nbsp; lui Ilias Papageorgiadis, directorul general al companiei MORE Real Estate Services. Cartea, scris\u0103 &icirc;ntr-un limbaj sincer \u015fi direct, este o colec\u0163ie a celor mai bune post\u0103ri ale autorului scrise pe parcursul anului trecut, pe blogul s\u0103u.\n<\/p>\n<p>\n\tSursa:<a href=\"http:\/\/www.curierulnational.ro\/Specializat\/2009-06-04\/Ilias+Papageorgiadis+gaseste+oportunitati+pe+timp+de+criza+in+proprietatile+generatoare+de+venituri\"><span style=\"font-size: small;color: #800080;font-family: Times New Roman\">http:\/\/www.curierulnational.ro\/Specializat\/2009-06-04\/Ilias+Papageorgiadis+gaseste+oportunitati+pe+timp+de+criza+in+proprietatile+generatoare+<br \/>\n\tde+venituri<\/span><\/a><span style=\"font-size: small;font-family: Times New Roman\"> <\/span>\n<\/p>\n<p>\n\t<!--:--><!--more--><!--:en-->for the identification of properties and\/or for financing properties, mainly in the commercial and retail services (following that the activity should be extended to the domains of agriculture and electric power), said the CEO of More Real Estate Services, within a press conference. Another aspect mentioned within the event is that, having a portfolio of more than 200 clients, the company is empowered to mediate transactions with a total value of more than 400 million Euros, by private persons and investment funds which are ready to invest in the appropriate opportunities, especially properties generating income.<br \/>\n\t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As regards the purchases made by the company that it represents, Ilias Papageorgiadis has declared that it assigns a budget of 2 million Euros for such purchases. &ldquo;I have purchased properties in Timisoara and Cluj. At the time being, the company can purchase properties of 2 million Euros&rdquo; stated&nbsp; Papageorgiadis. He also added that the following 2 years represent a better period for the purchase of properties generating profit. &ldquo;2009 is a good year for investments. This year and the following represent a good period for investments. However, you must have a strategy. Furthermore, it also depends upon the investment plan that you have&rdquo;, he explained.\n<\/p>\n<p>\n\t<strong>Even without the international crisis, the real estate bubble would have exploded anyway<\/strong><br \/>\n\t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &quot;Everybody says that the real estate market has crashed due to the international crisis, but this is irrelevant. If the world crisis hadn&rsquo;t occurred, the real estate bubble would have exploded anyway, because we have lost touch with reality. Now, we must come back to reality and to fair prices &quot;, emphasized the CEO of More.<br \/>\n\t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; We may notice that the commercial and retail sectors are less affected than the residential one.&nbsp; Ilias Papageorgiadis has explained to us that the residential sector was most affected because we have too many incorrect products on the market, residential complexes situated less than good areas and bad prices.<br \/>\n\t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &quot;The residential sector has been affected because this market has followed the lead of the foreigners who purchased blocks at high prices and were lied to, and were led to believe that they will find Romanians who would be willing to pay more for these apartments.&nbsp; This is how we ended up with extravagant prices&quot;, emphasized Ilias Papageorgiadis.<br \/>\n\t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As regards the evolution of the real estate market, the CEO of More said:&nbsp; &quot;I don&rsquo;s see any real signs that something will happen this year. The market shall continue to go slightly downwards, and in the first half of the following year it shall reach the minimum. In the second half of 2010, things shall start to move, and in 2011 the market shall come back to normal. By normal, I don&rsquo;t mean that investors shall come barging to Rom,ania and buy just about anything&rdquo;. He also stated that &ldquo;Romania has a future, but we must see what we are and where we are situated&rdquo;.\n<\/p>\n<p>\n\t<strong>The vision of a Greek investor on the Romanian real estate market, summarized in a book<\/strong><br \/>\n\t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Within the held yesterday,&nbsp; Ilias Papageorgiadis has also launched the book &quot;Romania through my eyes&quot;. The book which offers a view on the world of truths, myths and realities which have shaped the real estate market in Romania a year ago, through the eyes of&nbsp; Ilias Papageorgiadis, the General Manager of the company&nbsp; MORE Real Estate Services. The book, written in a sincere and direct language, is a collection of the best posts of the author written throughout the past year on his blog.\n<\/p>\n<p style=\"text-align: right\">\n\t&ldquo;Curierul National&rdquo; Newspaper\n<\/p>\n<p>\n\t<!--:--><!--:gr-->for the identification of properties and\/or for financing properties, mainly in the commercial and retail services (following that the activity should be extended to the domains of agriculture and electric power), said the CEO of More Real Estate Services, within a press conference. Another aspect mentioned within the event is that, having a portfolio of more than 200 clients, the company is empowered to mediate transactions with a total value of more than 400 million Euros, by private persons and investment funds which are ready to invest in the appropriate opportunities, especially properties generating income.<br \/>\n\tAs regards the purchases made by the company that it represents, Ilias Papageorgiadis has declared that it assigns a budget of 2 million Euros for such purchases. &ldquo;I have purchased properties in Timisoara and Cluj. At the time being, the company can purchase properties of 2 million Euros&rdquo; stated&nbsp; Papageorgiadis. He also added that the following 2 years represent a better period for the purchase of properties generating profit. &ldquo;2009 is a good year for investments. This year and the following represent a good period for investments. However, you must have a strategy. Furthermore, it also depends upon the investment plan that you have&rdquo;, he explained.\n<\/p>\n<p>\n\t<strong>Even without the international crisis, the real estate bubble would have exploded anyway<\/strong><br \/>\n\t&quot;Everybody says that the real estate market has crashed due to the international crisis, but this is irrelevant. If the world crisis hadn&rsquo;t occurred, the real estate bubble would have exploded anyway, because we have lost touch with reality. Now, we must come back to reality and to fair prices &quot;, emphasized the CEO of More.<br \/>\n\tWe may notice that the commercial and retail sectors are less affected than the residential one.&nbsp; Ilias Papageorgiadis has explained to us that the residential sector was most affected because we have too many incorrect products on the market, residential complexes situated less than good areas and bad prices.<br \/>\n\t&quot;The residential sector has been affected because this market has followed the lead of the foreigners who purchased blocks at high prices and were lied to, and were led to believe that they will find Romanians who would be willing to pay more for these apartments.&nbsp; This is how we ended up with extravagant prices&quot;, emphasized Ilias Papageorgiadis.<br \/>\n\tAs regards the evolution of the real estate market, the CEO of More said:&nbsp; &quot;I don&rsquo;s see any real signs that something will happen this year. The market shall continue to go slightly downwards, and in the first half of the following year it shall reach the minimum. In the second half of 2010, things shall start to move, and in 2011 the market shall come back to normal. By normal, I don&rsquo;t mean that investors shall come barging to Rom,ania and buy just about anything&rdquo;. He also stated that &ldquo;Romania has a future, but we must see what we are and where we are situated&rdquo;.\n<\/p>\n<p>\n\t<strong>The vision of a Greek investor on the Romanian real estate market, summarized in a book<\/strong><br \/>\n\t&nbsp;&nbsp; Within the held yesterday,&nbsp; Ilias Papageorgiadis has also launched the book &quot;Romania through my eyes&quot;. The book which offers a view on the world of truths, myths and realities which have shaped the real estate market in Romania a year ago, through the eyes of&nbsp; Ilias Papageorgiadis, the General Manager of the company&nbsp; MORE Real Estate Services. The book, written in a sincere and direct language, is a collection of the best posts of the author written throughout the past year on his blog.\n<\/p>\n<p>\n\t&ldquo;Curierul National&rdquo; Newspaper, 04.06.2009<!--:--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &quot;Currently, everybody is waiting for everything to worsen, since there are no sings that the real estate market could make a comeback&nbsp;&quot; &#8211; Ilias Papageorgiadis, CEO More Real Estate Services. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; More Real Estate Services, the real estate consulting company, is concentrating on transactions with properties generating income, both for its own company and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":59454,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[237,224],"tags":[],"_links":{"self":[{"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/posts\/817"}],"collection":[{"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/comments?post=817"}],"version-history":[{"count":0,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/posts\/817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/media\/59454"}],"wp:attachment":[{"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/media?parent=817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/categories?post=817"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/tags?post=817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}