Real estate investments in Romania

Major companies are the main applicants for office space.

noreply@blogger.com (eprocent) — Thu, 28 Aug 2008 16:33:00 +0000

Share offices attract real estate investors and intensifying competition in this way. Many of those who believed the development of the residential placements were targeted in the latest period by area office. This particularly large demand of the market. Some of the most important clients are national and international companies, which opened branches or relochează in various parts of Bucharest. With such a request is not surprising that analysts projected a doubling of the stock's current offices in the next 2 years. That makes Capital in 2010 to depăşască level of two million square meters. A good part of these spaces will be made according to European standards of environmental protection. Major national and international companies are the main applicants for office space. Real estate investments. Their decision to open or representations to the reloca Capital makes the demand for quality space to grow. That makes the rate neocupare the office segment to be very low. Many developers have identified the need for investment in buildings and offices are now direct to the sector of real estate. According Regatta, currently, including small firms tend to show the eighth operate projects in office and not in apartments or houses renovated, as happened in the past. The accea, often preînchiriere contracts will be signed even at the market in launching the project, it was rented to a 100% delivery.

By the lake Buftea will build 300 houses

noreply@blogger.com (eprocent) — Thu, 28 Aug 2008 16:30:00 +0000

By the lake Buftea will build 300 houses

The new residential project, Barak Residence, developer Barak International, will be built on the banks of the lake Buftea, with a land area of 37,000 square meters, for which the developer paid two million, are shown in a real estate company announced EuroMetropola . The project has a total of 50,000 square meters and will include building 300 housing units, 300 square meters commercial spaces and an entertainment complex with kindergarten, places children's playground, swimming pool and spa. The first line from the lake will be placed Buftea six individual dwellings (P +1, 150 to 200 square meters construct), with 300-800 square meters of land, being followed by progressive type duplex villas and buildings with two to five storeys , After offering these apartments with 2, 3 and 4 rooms (80-140 sqm building). Technical plans were drawn up by Chen NCA Architects of Israel ltd. The project is aimed at middle class segment, and prices start from 1,000 euros per square meter. Housing will be built entirely on classic concrete structure with closures and compartimentari brick, and the architecture is inspired by Mediterranean, in which prevails generous windowed area. Construction works will start in January 2009 and will be completed in 2011, the total value of the investment is estimated at 40 million euros. -Real estate investments

New residential projects in Bucharest and Sibiu

noreply@blogger.com (eprocent) — Thu, 28 Aug 2008 16:25:00 +0000

New residential projects in Bucharest and Sibiu
Shapir Europe Projects Company, part of the Israeli group Shapir Group, announced the launch of the first two residential projects in his country noastara developed in Bucharest and Sibiu, informs a communication submitted by Agerpres. The land surface of 80,400 square meters is already bought in Bucharest in Pipera area, and the area built housing project will be 250,000 square meters. The greatest area of the project, 160,000 square meters will be allocated residential areas. The rest area of 90,000 square meters, will be arranged commercial and parking spaces. On the ground in an area of 26,400 square meters in Sibiu, Shapir Projects Europe will run a real estate project of 75,000 square meters of construction. The works for both cities, are scheduled to start in the last part of this year and will take five years for the whole of Bucharest, respectively for the three years of Sibiu. Israeli developer builds May presently in Ukraine and Serbia in such residential. Shapir Projects Europe was founded last year and is owned by Shapir Group, listed on the stock exchange in Tel Aviv. Real estate investments. The company deals with real estate development activities of the group outside of Israel, being concerned in this respect, Romania, Serbia and Ukraine. According to their presentation, Shapir Group is one of the greatest players in the field of infrastructure in Israel, with activities in engineering, development and industry. Besides Israel and the three countries mentioned, the group carries out activities in India.

Shapir Projects Europe invests 250 million in real estate

noreply@blogger.com (eprocent) — Thu, 28 Aug 2008 16:16:00 +0000

New residential projects in Bucharest and Sibiu

Shapir Europe Projects Company, part of the Israeli group Shapir Group, announced the launch of the first two residential projects in his country noastara developed in Bucharest and Sibiu, informs a communication submitted by Agerpres. The land surface of 80,400 square meters is already bought in Bucharest in Pipera area, and the area built housing project will be 250,000 square meters. The greatest area of the project, 160,000 square meters will be allocated residential areas. The rest area of 90,000 square meters, will be arranged commercial and parking spaces. On the ground in an area of 26,400 square meters in Sibiu, Shapir Projects Europe will run a real estate project of 75,000 square meters of construction. The works for both cities, are scheduled to start in the last part of this year and will take five years for the whole of Bucharest, respectively for the three years of Sibiu. Israeli developer builds May presently in Ukraine and Serbia in such residential. Shapir Projects Europe was founded last year and is owned by Shapir Group, listed on the stock exchange in Tel Aviv. Real estate investments. The company deals with real estate development activities of the group outside of Israel, being concerned in this respect, Romania, Serbia and Ukraine. According to their presentation, Shapir Group is one of the greatest players in the field of infrastructure in Israel, with activities in engineering, development and industry. Besides Israel and the three countries mentioned, the group carries out activities in India.

Societe Generale are a commercial centre in Bacau

noreply@blogger.com (eprocent) — Thu, 28 Aug 2008 16:02:00 +0000

Subsidiara real estate group Societe Generale of France, the main shareholder of the BRD-GSG, built in Bacau a commercial center. The company is Sogeprom, who now works at procedeaza design and approval. The objective is developed in partnership with another French company. "The land was bought recently, but can not make more statements in this moment because the project is in an incipient phase" - said, Ziarul Financiar, Thibauld Mesnard, the team Sogeprom Romania. Real estate investments. The agreement is a paper company Prospector Consulting. Business Center will be promoted on the market to find a beneficiary. Market commentators say that the target in the first row, the Carrefour group, which wanted to participate in Bacau, but not areusit until now. Supercentre commercial network of Bacau will be, therefore, one of the largest and most competitive in the country, after complex and European Retail Park will operate at capacity (baumax, Real, Megastore), and after two or three projects will be brought to the stage of completion. Movement is common for a major banking groups present on the market, taking into account that in Romania are active and real estate divisions of companies.

How the new policy will influence the rate the real estate market

noreply@blogger.com (eprocent) — Thu, 28 Aug 2008 15:53:00 +0000

New Regulation lending population established by the National Bank of Romania (BNR) will result in a delay of finalising the transaction, their number being directly affected in the number of loans to, real estate analysts say.
Director of Credit Management Division of the Regatta real estate company, Simona Negoita, said that any measure adopted by NBR affect both banks and their customers, and announced new rules will be applicable to both consumer credit and loans real estate / mortgage, but will be depending on different products.

"It is normal to be so, since consumer credit are negarantate and the mortgage / property are secured by mortgages on properties purchased. Therefore, we expect commercial banks to demonstrate a greater caution in case acordarii than consumer credit in the case of appropriations for Purchasing property. With the implementation of safety rules NBR will bring a series of changes and the files will solve with greater weight, at least one time and this will repercuta a delay in finalising the transaction, " support representative real estate company, quoted by NewsIn. Real estate investments.

It says that May housing needs, but remains the same, but delayed the time of the population Acquisitions, waiting accentuata a decrease of prices.
NBR wants to ensure that all those contracteaza a credit today, more than a year, when the promotion period with fixed interest takes over, will be able to pay their monthly debts and will not be in danger of losing their house or car that have bought one, "May said Negoita, who believe that property developers will have to adapt to the conditions of credit in November, offering more lejeritate about deadlines for payment.

In their turn, Colliers analysts say that a new policy rate will certainly affect the market end customers on residential sector, and the number of transactions will be directly affected in the number of credits granted.

"The new rules related to the degree of indatorare and conditions taken into consideration for the granting of credit gives us the situation three years ago when only 30-40% of the apartments were contracted with the bank loan and the rest of rates paid directly by the developer. Visible effect on the market will probably resimtit and by a fall in the first phase of transactions, but especially by clients return to methods of payment involving an advance paid to signing antecontractului which can vary between 20 and 30% of the price rates for the period between construction 30 and 60%, and the rest on delivery, support Simina Istrate, Project Manager in the Residential Division of Colliers.

Among the projects whose opening is scheduled for the end of the year include Liberty Center, Grand Arena and Fashion House, all in Bucharest, Galati Euromall, Tiago Mall in Oradea, Aurora Shopping Mall in Cebu or the second stage of European development project Retail Park Bangalore.

In these conditions, the stock of shopping centers on the local market could reach up to the end of the 40 units, compared with double the beginning of this an.555

Developers openings of shopping malls

noreply@blogger.com (eprocent) — Thu, 28 Aug 2008 15:48:00 +0000

Three new shopping malls and a new stage of development in the fourth were scheduled inauguration in September this year, projects that will lead inaugurarile in 2007 to more than 10 units, after the first six months of the year were inaugurated eight other projects.

Buzau will appear in September on the map shopping malls in Romania after the companies Globe Trade Center (GTC) and Aura Investments will be finalised at the end of the first modern commercial center in the city, which will have a built surface of 13,500 square meters.

"Galleria Cebu will be inaugurated on September 25, over 90% of the space being rented. Galleria Piatra-Neamt will be opened in October, and the Galleria Stockport are scheduled for completion in November months of this year. Presently, the Galleria is Chester arranging work areas, "said Monica Barbu, head of the retail department in Colliers International, agent
Rental projects.

In the summer months - July and august - developers on the local market have not opened any commercial centre, in the periods before the holidays are best suited for shopping.

Another project which will be inaugurated in September is developed in Iasi, where the company Cypriot Omilos Group will open the first phase of the project ERA Shopping Park, the commercial centre which will include a hipermarket Carrefour, a Altex store and a commercial gallery with 63 stores , Which was fully leased to companies such as Takko, Sprider Stores or Benvenuti. Real estate investments.

Inauguration is scheduled a day before the opening Galleria Cebu, namely on 24 September, the project will be the fourth of its kind in the city.

Real estate in Romania

noreply@blogger.com (eprocent) — Tue, 11 Dec 2007 15:18:00 +0000

Real Estate properties in Romania. Real estate companies in Romania. Sales, Purchase, rent apartments, houses, villas, space, land, warehouses in Romania. Apartments 2 rooms, 3 rooms, 4 bedrooms. This blog offer information abaut real estate investment in Romania ! Statistics indicate that in two of the eight regions development has been recorded a slight increase in the number of permits issued for residential buildings. This tendency has been manifested in western development regions and Bucharest-Ilfov. Real estate investments. In developing regions South-West Oltenia, North-West Centre, South-Muntenia South-East and North-East were recorded decreases the number of permits issued for construction of residential buildings.

In July 2008 were issued with 313 more building permits for residential buildings than the same months the previous year. The most significant increases have occurred in developing regions: South-West Oltenia (96 permits), North-West (77 permits), Southeastern (71 permits) and West (68 permits). Scaderi the number of permits issued for construction of residential buildings were recorded in the regions development center (-65 permits) and South-Muntenia (-22 permits).