Exclusive Philippe Mer, BNP Paribas Real Estate: Two times longer to sign a deal nowadays
2012-06-27 10:40:44
|
According to the real estate division of BNP Paribas Group, currently, the market belongs to the tenants. “That who has the tenant, owns the deal,” Philippe Mer (photo), head of territories for CEE region and chairman of the board in Romania at BNP Paribas Real Estate told The Diplomat-Bucharest. As the real estate assets come second in the completion of a balance sheet of a company, closely following after the costs with employees, it is easy to understand the prudency that rules the market. Regarding Romania’s approach in the eyes of investors, Mer underlined that the investor feeling improved for local business in the last years. “if before, in 2009, the investors were stating a tremendous caution regarding countries as Romania, now, the region, due to the certain stability within the current economy turmoil started again to raise interest,” Mer detailed. In Europe, there are silent markets, as Uk, France or Germany, also Switzerland, as mature markets. That is why the CEE region is described as markets which still have a lot of potential, with Poland though, delivering the best context for investments, due to their stable political landscape, large domestic markets, legal frame, a positive GDP and good investment yields. Read more on the company’s vision on the current trends on the real estate market, in the next issue of The Diplomat-Bucharest.
|
|
| |
|
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... |
|
|
|
|
|
|
|
|
advertising
advertising
advertising
|
More on News |
President Iohannis urges Romanians to be more united, stay involved in modernizing Romania Romania's President Klaus Iohannis urged Romanians in France to be more united and stay involved as much as they are now in helping modernise Romania. |
ArcelorMittal receives binding offer for European assets from Liberty British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people. |
The Romanian labour market needs a well-thought approach, says FIC The Foreign Investors Council (FIC) has signaled in the past 2-3 years that its members are anticipating increasing strains on the Romanian labour market because starting w... |
Revolut gets European banking license Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has fi... |
EBRD cuts economic growth forecast for Romania Romania's economy will grow by 4.2 per cent this year and by 3.6 per cent in 2019, according to the most recent forecast released by the European Bank for Reconstruction an... |
Dacia receives 115.8 million RON in state aid from the Finance Ministry The Romanian Finance Ministry has signed five more grant agreements under the state aid scheme, and among the beneficiaries are Automobile Dacia, with RON 115.8 million. |
OTP Bank Romania signs investment funds distribution deal with Eurobank Fund Management Luxembourg OTP Bank Romania signed a partnership with Eurobank Fund Management Company (Luxembourg) for the distribution of investment funds in Romania. Thus, from December 1st, OTP B... |
|