DTZ: DISTRESSED TO HIT OFFICE SECTOR IN 2011
March 2011 - From the Print Edition
Distressed assets are set to rise in the office sector in 2011, according to real estate agency DTZ Echinox. “Distressed-assets sales, mainly in the retail sector during 2010, are likely to have an impact on the office sector in 2011,” said Cristian Ustinescu, investments director, DTZ Echinox. “Assets with decentralised locations and a low rate of occupancy will form the bulk of the offer, while Bucharest and its established business sectors will continue to be the main target for investors.” Investment in commercial real estate in Romania was up 138 per cent in 2010 on 2009, according to DTZ, although this contained an increasing number of distressed assets. The consultancy calculated that investment reached 292.9 million Euro last year and expects 2011 to see a 30 to 60 per cent increase to 400 to 500 million Euro in commercial transactions.
|
|
|
 | |
|
|
| Daily Info |
|
Smart city is not a fad, it's a necessity In June 2018, the ranking of the most "smart" cities in the world was published. In other words, the most advanced cities in terms of human capital, social cohesion, the econo... |
|
Ondrej Safar, CEZ Group: "Romania can become a hub for international smart solutions providers" "We are already in the digital age, so the upward trend of implementing smart solutions is inevitable in all areas," he tells The Diplomat-Bucharest. "Especially in terms of u... |
|
Telekom Romania, a strong supporter of Smart City development in Romania Just like many other countries in the world Romania is now facing an unprecedented growth of the urban population, which can be both beneficial and detrimental for the society... |
|
In the industrial era, the fight was for finite material resources. Not anymore Now organizations fight and develop themselves for and around their talent.
In a nutshell, getting ahead in today's business world is all about attracting and inspiring an e... |
|
Richard Sareczky, Mol Limo: "We look at expansion locations across CEE including Romania" Consumer mobility behaviour is changing, leading to up to one out of ten cars sold in 2030 potentially being a shared vehicle and the subsequent rise of a market for fit-for-p... |
|
