Tag: residential (63 articles)

Real estate   |   23 April, 2025 at 9:48 AM

Romania sees higher construction works in early 2025

Romania's volume of construction work increased in the first two months of the current year, with a 16.7% rise in the unadjusted series, and a 19.5% rise in the series adjusted for working days and seasonality versus 2024, according to data from the National Institute of Statistics (INS).

Real estate   |   11 April, 2025 at 8:06 AM

Romania resi sales down during Q1 2025

The Romanian residential real estate market experienced a slowdown in Q1 2025, with sales decreasing both in Bucharest and nationwide, according to a recent analysis by SVN Romania.

Real estate   |   24 March, 2025 at 10:11 AM

Bucharest grapples with decline in resi permits and completions

Bucharest's residential real estate sector is experiencing a significant downturn, with a notable drop in both permits and completions, raising concerns about the market's trajectory, according to an opinion by Dr. Sebastian Sipos-Gug - Ebuild srl, Eastern European Construction Forecasting Association (EECFA) Romania.

Real estate   |   6 March, 2025 at 10:16 AM

Hybrid golf-resi complex near Bucharest gets funding

Garanti BBVA has announced a long-term financing agreement of €10 million for the development of the National Golf & Country Club, a project developed by DM Sport & Energy that is located in Dâmbovița County, less than 37 km north of Bucharest.

Real estate   |   3 March, 2025 at 1:06 PM

Impact Developer & Contractor sees profits double in 2024

Local residential developer Impact Developer & Contractor recorded a net individual profit of around €17 million in 2024, double compared to the previous year. At the group level, the consolidated net profit was €12 million, also double compared to 2023.

Real estate   |   10 February, 2025 at 10:40 AM

Property deals fall in Romania during January

Romania recorded a 17% decrease in the number of transactions in January, compared to the same period last year, totaling just over 8,400 property deals, according to data by the National Agency for Cadastre and Land Registration (ANCPI).

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Finance

BCR profits rise by nearly 20% in Q1 2025

BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024