News » April, 2011 » 25 April 2011
2011, a new beginning on office market
25.04.2011, 23:42 | Real Estate | 1448 views
2011 is set to be the year of a new wave of projects for the experienced office market developers though the vacancy rate in Bucharest is still around 15%. Real estate groups such as Portland Trust, GTC and AIG Lincoln, as well as Raiffeisen Evolution, Nusco Imobiliara or Anchor Grup are still betting on the office segment and are ready to put projects with an area of almost 200,000 square metres on the Bucharest market in the next two or three years, though Bucharest now holds empty spaces of around 300,000 square metres. Read more on ZF.ro
|
Latest news in category Real Estate
The Romanian Development Ministry significantly increases fines charged to homeowners and local authorities who fail to carry out technical inspections and start rehabilitation works on buildings considered to have a high seismic risk. read more...
Bankrupt shopping center City Mall Bucharest will be put up for sale for the fourth time on June 10, in an auction starting at EUR23.58 million, some 30% less than the initial price of EUR33 million. read more...
City Mall shopping center in Bucharest, currently bankrupt, might find a buyer at the third auction, for a price of at least EUR 26.2 million, considering Casa de Insolvenţă Transilvania, the project's liquidator, sold a document detailing the conditions of contract to an interested investor. read more...
|
|
