The magazine for informed internationals
Vol 14, no. 2, July 2018
The Diplomat Bucharest

< back to homepage

REAL ESTATE

PROPERTY NATIONWIDE

 

PROPERTY BUCHAREST

 

NEW RESIDENTIAL PROJECTS

February 2012

Irish investors plan to open ParkLake Plaza at end-2013

The EUR 250 million commercial center to be developed in east Bucharest by Irish investment group Caelum Development should be completed at the end of 2013, with construction having started

December 2011

Grace-and-favor homes to be sold through public auction

The Government has approved by ordinance the sale of 733 grace-and-favor properties of a total of 1,100 real estate assets owned by RA-APPS, the authority that administers government properties. Another 108 courtesy homes will be put up for sale when their legal status is clarified.

 

DEAL OF THE MONTH

February 2010

Multi-tasking new villa for home, office or parties

On a side-street in the central area of Mihai Eminescu, this furnished villa, with facilities for a home, receptions and an office, is available for sale

December 2009

Modernist open plan villa for sale or rent

DRUMUL SARII This large modern detached villa on a quiet residential street in Sector 5 is now up for both sale and for rent.

 

REAL ESTATE REPORT

October 2011

Buildings should be taxed according to use, investors say

Private foreign investors believe that real estate constructions should be taxed according to their use residential, commercial or industrial and not in the current manner, based on the type of owner private investor or company

September 2011

Constructor Remco Romania wins EUR 6 mln of contracts in Africa

Industrial construction company Remco Romania is consolidating its business in Africa, with ongoing construction projects to be developed in countries such as Gabon, Nigeria and Cameron totalling EUR 6 million and an estimated area of 30,000 sqm so far