about us | newsletter | contact | archive | members area
Bogdan Badea, Hidroelectrica
There is a need for urgent cost optimization»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Palace Estate brokered deals valued at 10 million Euro last year

Real estate brokerage and consultancy company Palace Estate brokered real estate deals valued at 10 million Euro in 2016, a press release shows.

2017-02-02 15:21:04

"Last year we saw an increasing demand for the investment segment, both for lands acquired for future developments and for income producing assets," says Yaniv Dahan, CEO and founder of Palace Estate. "Among the main deals that Palace Estate brokered in 2016 we mention: three plots of land located in Unirii, Domenii and Pipera, with values over one million Euro each, two business centres in the North area of Bucharest, each sold for two million Euro, and premium and luxury apartments worth of two million Euro."

Palace Estate sells apartments and villas on the luxury and medium high segments of the real estate market. In terms of demand from end-users in 2016, the Palace Estate official stated: "Our clients are looking for spacious apartments, over 100 sqm., with two or three bedrooms and have budgets that start from 120,000 Euro and reach 450,000 Euro. We also receive demands for villas, over three bedrooms and with generous gardens, the budgets framing between 250,000 – 600,000 Euro."

For 2017, Palace Estate estimates an increasing demand for Pipera area given the finalizing of infrastructure works, as well as the explosive increase of the adjacent office area that brings new clientele for residential segment.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  5940 Views
Daily Info
PM-designate Dancila: "It's important to implement governing programme"

Prime Minister-designate Viorica Dancila stated that it's important to put into practice the governing programme, but also 2018- the Centennial Year and prepare to take over t...

Colliers Romania appoints Laurentiu Lazar as new managing partner

Laurentiu Lazar will take over as the new managing partner of the real estate consultancy company Colliers International Romania, effective as of March. Ilinca Paun, the curre...

Skanska Romania appoints Aurelia Luca as new managing director

Skanska Property Romania, the local division of one of the largest real estate developers, announces changes at the top of management in Romania. Marcin Lapinski, Managing Dir...

Banca Transilvania has become a shareholder of Victoriabank

Banca Transilvania has become a shareholder of Victoriabank, the third largest bank in the Republic of Moldova, with a total participation of over 66 per cent alongside the Eu...

Rezidor to open a new Radisson Blu to open in Timisoara

The Rezidor Hotel Group announced the signing of the Radisson Blu Hotel, Timisoara. This takes the group’s portfolio in Romania to four hotels, with two in operation and two...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
Mihai Tudose announces his resignation as prime minister

Mihai Tudose announced on Monday evening, at the end of the Social Democrat Party (PSD) National Executive Committee (CExN) meeting, that he resigns as prime minister of Ro...

Contract for the purchase of 227 Piranha V armored personnel carriers, signed in presence of PM Tudose

The contract for the purchase of 227 Piranha V armored personnel carriers was signed on Friday in the presence of Prime Minister Mihai Tudose, Deputy Prime Minister Marcel ...

Iohannis: Justice independence, public positions' integrity are constitutional values not to be negotiated

Promoting the rule of law and Justice independence, fighting against corruption, ensuring integrity in public positions and dignities are constitutional values that cannot ...

PM-designate Dancila: "It's important to implement governing programme"

Prime Minister-designate Viorica Dancila stated that it's important to put into practice the governing programme, but also 2018- the Centennial Year and prepare to take ove...

Romania plays in the big league, says Deloitte survey

On the backdrop of a stable economic context in the region and with growing macroeconomic indicators, Romania has won the deal doers' trust now becoming a core market for p...

Ministry of Public Finances set to issue Euro-bonds worth 8 billion Euro in the next two years

The Ministry of Public Finances (MFP) contemplates issuing Euro-bonds worth approximately 8 billion Euro (equivalent) over 2018-2019, in the context of the implementation o...

Garanti Bank expects a four per cent GDP growth rate in 2018

Garanti Bank estimates that the growth rate of the gross domestic product (GDP) could reduce speed in 2018, to four per cent, from 6.5 per cent in 2017, mainly due to a slo...