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ROMANIAN COMPANY ADMINISTRATORS LIABILITY 04022021

4 February 2021 • Investments

For administrators, the liabilities of the Administrators and the officers arise when they fail to open the insolvency proceedings, or they allow the company to trade whilst insolvent. If the insolvency proceedings are not opened when they should be then there is potentially both criminal and civil liability. | BLISS Imobiliare

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Bucharest City Hall to suspend most Zonal Urban Development Plans

26 February 2021 • Article

Bucharest's General Council tabled for February 26 a decision to suspend the Zonal Urban Development Plans (PUZ) in five of the city's six districts. This measure has raised many concerns among local developers that see their projects at risk. | BLISS Imobiliare

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The New Roaring 20s

24 February 2021 • Article

We have just started a new decade and I am convinced that the next 10 years are a great challenge, but also a great opportunity, perhaps one that Romania has not had for a very long time. | BLISS Imobiliare

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BLISS eyes in the SKY | Oxford Gardens Pipera | 2021

16 February 2021 • Real estate

Oxford Gardens Pipera is one of the most requested residential complexes with new expat families moving to Bucharest. Especially families with children attending the American International School of Bucharest AISB which is situated opposite, just 5 minutes walking, the Oxford Gardens compound. | BLISS Imobiliare

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The City Reports

22 February 2021 • Article

We are pleased to present The City Reports covering key trends in the economy and recent trends in the investment, office, retail and industrial markets. In this edition, we bring you our fourth quarter update on Bratislava, Bucharest, Budapest, Prague and Warsaw. | BLISS Imobiliare

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Romania’s Economy Outshines Rest of EU After Shunning Lockdown

18 February 2021 • Article

Romania’s economy outperformed the rest of the European Union last quarter as the government opted not to impose the kind of harsh lockdown that shuttered most of the continent. | BLISS Imobiliare

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Foreigners Buying Romanian Property

30 August 2018 • Real estate

There are more and more foreigners interested in purchasing real estate properties in Romania. The question is whether at this time they are able to buy land (or at least other real estate properties such as apartments) directly as in other EU legislations.

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Investment opportunity 6 times 2 rooms apartments New Point Pipera

13 February 2021 • Real estate

Investment opportunity. Company is selling 6 one bedroom apartments with parking places in the New Point Pipera complex close to the American International School of Bucharest. These apartments are fully furnished and equipped and several are rented generating direct income. | BLISS Imobiliare

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Investment volumes down at €588.5million in 2020, but Romania remains on the radar of investors

12 February 2021 • Article

Romania’s commercial real estate investment volume ended 2020 with a volume of €588.5 million*, according to CBRE. Romania remains on the radar of investors and the combination of limited supply and better than envisaged demand may trigger surprising movements in pricing. | Bliss Imobiliare

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Bucharest office market registered a consistent return of demand in the last quarter of 2020

12 February 2021 • Article

In the last quarter of 2020, in Bucharest there were transactions of office spaces with a total area of 77,000 square meters, the highest quarterly value of the year, thus bringing the annual volume of transactions to approximately 237,000 meters squares. | BLISS Imobiliare

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Five predictions for the real estate investment market in 2021

10 February 2021 • Article

As multiple vaccine programmes are rolled out worldwide, JLL’s recent study looks at the effects of the past year and its impact on the market in 2021 and beyond. |BLISS Imobiliare

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From the sky Floreasca Bucharest Romania

11 January 2021 • Real estate

Floreasca is a district in Bucharest, Romania, in Sector 2. Its name comes from Lake Floreasca, which is situated in the north of the neighborhood as well as the Floreasca Park. The Floreasca Hospital is also situated in the neighborhood, in its southern part. | BLISS Imobiliare

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Drive with BLISS: Promenada mall to Pipera Iancu Nicolae Bucharest district

13 December 2020 • Real estate

Today one of our clients, foreign investor looking to develop their first residential project in Romania, told me he can't decide between buying land in Iancu Nicolae Pipera or in the city of Bucharest. | BLISS Imobiliare

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JLL Bucharest City Report Q3 2020 | Romania during the COVID-19 pandemic

23 November 2020 • Real estate

JL, are pleased to present Bucharest City Reports covering key trends in the economy and recent trends in the investment, office, retail and industrial markets. In this edition, JLL brings you the third quarter update on Bucharest, Romania. | BLISS Imobiliare

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BREEAM Excellent Certification for Luxuria Domenii Residence Project

27 August 2020 • Real estate

The new efficiency standard in Real Estate: BREEAM Excellent Certification for Luxuria Domenii Residence Project. In Bucharest, there is only one residential project registered to receive the BREEAM Excellent Certification, offering an impressive amount of advantages: Luxuria Domenii Residence | BLISS Imobiliare

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Colliers Romanian Real Estate: Mid-Year H1 2020 Market Update

5 August 2020 • Real estate

Colliers Romanian Real Estate: Mid-Year H1 2020 Market Update To say that things will change in the wake of the coronavirus outbreak is a big understatement: a lot of aspects of the economy will never be the same.

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COS opens showroom in Timisoara’s ISHO Offices building

26 September 2018 • Real estate

Corporate Office Solution (COS), the turn-key office specialist, will open the first showroom that the company has in the West of the country, in a generous space in the ISHO Offices building. This is the third COS showroom in Romania, the other two being functional in Bucharest and Cluj-Napoca.

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Belgienii de la Liebrecht & wooD, proprietarii outletului Fashion House, investesc 24 mil. euro în 90 de locuinţe lângă Bucureşti: „Standardele româ­nilor cresc atunci când vine vorba despre achi­zi­ţia unei noi locuinţe“

27 September 2018 • Real estate

Locuinţele fac parte dintr-un proiect mai mare, de 4.500 de unităţi, care ar urma să fie construite în decurs de zece ani. Grupul belgian Liebrecht & wooD, care are în România outletul Fashion House din cartierul bucureştean Militari, investeşte într-un proiect rezidenţial gigant, cu 4.500 de locuinţe în localitatea Frumuşani de lângă Bucureşti, pe drumul către Olteniţa. Prima tranşă a investiţiei este de 24 de milioane de euro pentru mai puţin de o sută de unităţi.

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Belgian developer Yves Weerts finalized EUR 33 million office building Unirii View

2 October 2018 • Real estate

Unirii View, the tallest modern office building in downtown Bucharest, has been completed, following an investment of approximately EUR 33 million. The first companies that took up office space in the project already started to relocate their headquarters, whilst most others will follow in the immediate period.

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The 10 most-hyped new NYC buildings

4 October 2018 • Real estate

The highly anticipated 111 W. 57th St. condo, on Billionaire’s Row, launched sales last week, with prices from $18 million to over $57 million. It ends a rocky few years for the under-construction luxury project, including lawsuits accusing developers JDS and Property Markets Group (PMG) of diluting the stake of an equity partner, and infighting that disrupted a previous sales effort. At a launch event, developers distanced the tower, which has made headlines for its slender silhouette, from the drama.

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UPDATE – Romania’s central bank unveils tighter credit rules to reduce general indebtedness rates | Vasilescu: New rules to mostly affect small loans; no major change for mortgage loans

18 October 2018 • Real estate

The board of National Bank of Romania (BNR) has decided on Wednesday to limit indebtedness-to-income rates for all individuals taking loans from banks to 40 percent for RON loans and 20 percent for hard currencies loans from January 1st, 2019, the central bank said in a press release.

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