The most sought-after areas to rent an apartment in Bucharest by students
7 September 2018 • Real estateStudents who want to stay in Bucharest during the academic year 2018-2019 choose to rent studios in Dristor, Politehnica, Center, Timpuri Noi or Eroilor, prices reaching between 230 and 310 euros, depending on the area, shows a study done by Real Estate Salon Bucharest (Salonul Imobiliar Bucuresti).
Bucharest’s Floreasca/Barbu Vacarescu area is the most valuable fusion between retail and office spaces
7 September 2018 • Real estateBucharest’s Floreasca/Barbu Vacarescu area is the most valuable fusion between retail and office spaces. According to the real estate consultancy company Colliers International Romania, for every 1,000 sqm of offices there are 35-40 sqm within them dedicated to the selling of various goods and services. In total, in the Floreasca/Barbu Vacarescu area there are about 10,000 sqm of such spaces at the ground floor of the office buildings, with the rents generated by these holding a share of 4-5% of the total cashed in by landlords.
Dutch investors start EUR 5 mln renovation at store in downtown Bucharest
7 September 2018 • Real estateThe Bucuresti store, located in Bucharest’s Old Town, will undergo a EUR 5 million renovation process that should take about one year. Much of the store’s interior will be demolished and rebuilt but the façade will be kept to its original form. The store’s underground and first three levels will be used for retail, the 4th and 5th floors will host offices and the top floor will be leased to a restaurant or bar operator, according to Radu Moldoveanu, the representative of the store’s owners, cited by local Ziarul Financiar
BR Exclusive: Czech PPF Real Estate close to buying Crystal Tower for over EUR 40 million
26 September 2018 • Real estateCzech investment fund PPF Real Estate, founded by Petr Kellner, is close to acquiring Crystal Tower, the first Romanian office building equipped with a heliport, for more than EUR 40 million, market sources told BR. Two years ago, PPF Real Estate bought Metropolis Center, a 19,000-sqm building in Bucharest for around EUR 50 million, in its first Romanian real estate market investment.
JLL - Bucharest City Report Q2 2018
27 August 2018 • Real estateOverview The City Reports cover key trends in the economy and recent trends in the investment, office, retail and industrial markets. In this edition, JLL brings you her second quarter update on Bucharest Romania Published August 2018
The “OXYGEN” Project has been Approved by Bucharest City Hall
24 October 2019 • NewsThe Oxygen project was approved on Thursday 24 October by the city councilors. This project intends to ban old and polluting cars from the Bucharest roads and introduces a new vignette based on pollution norms.
Seismic Risk in Romania Assessment and Awareness
17 September 2018 • Real estateWe at BLISS Imobiliare wish to share with you this very interesting presentation discussing the Earthquake Risks of Romania. This presentation also gives you a clear summary of the past, present and future of Romania's earthquake risks. SEISMIC RISK IN ROMANIA. ASSESSMENT AND AWARENESS | BLISS Imobiliare
Testimonial Henrieke en Wim from the Netherlands
12 April 2019 • TestimonialsSince 2019 we live in Bucharest. Before we moved to the city, we didn't know anything about Bucharest and we had no idea of the pros and cons of the various locations and neighborhoods. Isfahan and Violetta helped us getting a view on all the different options and made a selection of apartments that were available before our migration. They arranged two afternoons filled with the viewing of different houses, negotiated about the price and as the result of that we now live in a great apartment on a beautiful location. Begin 2019 zijn wij in Boekarest komen wonen. Vooraf kenden we de stad totaal niet en we hadden geen idee van de voor-/nadelen van verschillende locaties en buurten in de stad. Isfahan en Violetta hebben ons onwijs geholpen bij de oriëntatie en hebben een mooie selectie gemaakt uit het grote aanbod aan appartementen. Na twee strak geplande middagen vol bezichtigingen hebben we een topplek gevonden waar we ons heel erg thuis voelen!
Residential rentals recommended by BLISS Imobiliare | 24062020
23 June 2020 • Real estateRecommended this week by BLISS: Apartments and Houses for rent in Bucharest Ilfov Romania. Offers as from 400 euro upwards. Studio apartment to premium villas in residential complexes | BLISS Imobiliare
OTOPENI ODAI Retail Park North Bucharest Investment opportunity
19 June 2020 • InvestmentsOTOPENI ODAI Retail Park North Bucharest Investment opportunity The retail park is an under development project, with estimated delivery date set for June 2021. The land plot has the Urbanism Certificate, and the Construction Authorization directly obtained. | BLISS Imobiliare
Romania Insider | Housing for expats in Bucharest – what are the options?
25 June 2010 • Real estateRomania Insider - First timers to the Romanian capital city should know that there are certain areas in Bucharest more likely to cater to their taste and that the traffic in the city will diminish the number of suitable offers. I | BLISS Imobiliare
Q1 2020 CEE Investment Scene
22 April 2020 • Real estateWe are pleased to bring you the Q1 2020 CEE Investment Scene as a part of the Special Insight Series | Covid-19 Opportunities & Challenges in Extraordinary Times which takes a look at the first quarter investment activity in 2020 by country and sector, plus some of the themes that we see emerging.
IMF sees 5% GDP contraction and double-digit unemployment in Romania
15 April 2020 • Real estateThe International Monetary Fund estimates a 5% decline for Romania's economy this year, followed by a 3.9% growth in 2021, according to the report "World Economic Outlook." As a result, Romania's GDP in 2021 will be 1.3% below the level of 2019 before the coronavirus (COVID-19) pandemic.
RO developer gets building permit for boutique residential project
7 April 2020 • Real estateOne United Properties continues the series of real estate developments under the umbrella of the Neo brand. The company has received the building permit for the Neo Floreasca Lake project, the most exclusive residential development on the banks of Lake Floreasca.
Skanska hopes to complete the sale of big office project in Bucharest
9 April 2020 • Real estateSwedish developer Skanska has confirmed that it continues the talks for the sale of two office buildings within the Campus 6 complex in the western part of Bucharest, near the Polytechnic University. The buyer is reportedly Austrian group S Immo, the owner of the Sun Plaza shopping mall.
The softening of the national currency could pressure rental costs
9 April 2020 • Real estateIn a volatile context generated by the Covid-19 epidemic, the local real estate market could be affected this year by the potential depreciation of the Romanian currency. The Covid-19 pandemic is expected to cause disruptions to various economic sectors throughout the world, including real estate.
When investors call: How your business should talk about coronavirus
30 March 2020 • Real estateAs the next earnings season approaches, CFOs and other senior leaders will need to focus on addressing immediate concerns associated with the pandemic while resetting expectations. The rapid spread of the coronavirus has sent governments, markets, and communities on a fervid search for answers.
Investor interest remain solid for Romanian assets
15 April 2020 • Real estateInvestors still show interest for real estate acquisitions Romania, despite the COVID-19 pandemic, according to a survey conducted by Colliers International among more than 60 real estate companies.
Romanian Real Estate Market 2019
8 April 2020 • Real estateBucharest, 8h of April 2020. Crosspoint Real Estate has issued its latest market report - Romanian Real Estate Market 2019, an in-depth analysis of all market sectors including investment, office, industrial, residential and land markets.
Invest in income generating residential property
29 March 2020 • Real estateWhen considering investing in residential real estate you are considering investing in one of the most consistent and most profitable investments available in the market. | BLISS Imobiliare
FOREIGNERS BUYING PROPERTY IN ROMANIA
17 March 2020 • Real estateFOREIGNERS BUYING PROPERTY IN ROMANIA EU citizens can own land, apartments or houses in Romania, just like any Romanian citizen. Non EU citizens can't own the land belonging to a property, but can own the apartment or house. By setting up a company the land can also be owned!