News » February, 2011 » 28 February 2011
Horsley, Colliers: Real estate investors will keep off until economy picks up
28.02.2011, 08:42 | Real Estate | 1306 views
Blake Horsley, head of the investment and office department of Colliers International real estate consultancy, says Romania must come up with a nice economic story to regain its appeal in the eyes of major real estate investors, who have forgotten Romania despite the significant price adjustment. Horsley also says that the high price paid by the developers that bought land in 2006-2008 could be "amortised" only by completing some low-cost constructions. 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...
|
|
