Property & Email Marketing: Login or Register Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
IPIN Left IPIN Middle IPIN Right
Header Corner
Find Property in :

E.g. "Marbella" or "Manchester". Looking for more search options?

 

Romania tipped as property investment hotspot

Date : (News Section: Romania)

Share
Romania tipped as property investment hotspot

Investors are expected to turn their attention away from markets such as Ireland and Spain to focus instead on Romania and Bulgaria.

Speaking at the IPD/Property Investor Europe (PIE) Central and Eastern Europe (CEE) Conference, partner at Schoenherr Lawyers Denise Hamer explained many of the banks in Romania have large property portfolios they now need to sell off.

As a result, the value of real estate in Romania will fall and investors will be attracted to the opportunities in the country's market.

"It's going to be very dynamic and volatile, a very exciting investor atmosphere," Ms Hamer predicted.

Board member of S IMMO - an Austrian firm - Holger Schmidtmayr highlighted office properties in Romania's capital Bucharest as another area to watch over the coming months at the CEE-focused event.

There are also signs international companies have faith in the Romanian retail market, after last month's announcement a new shopping centre due to open in Ploisesti in November is already 70 per cent let.

The development has been financially backed by Carrefour Property and New Europe Property Investment and tenants confirmed at the complex include Carrefour, Lee Cooper, Zara and Office Shoes.


Share

Article by +Danny Bance on behalf of Propertyshowrooms.com

Related Articles

  1. Is Romanian property stabilising?
  2. Prices stabilising in Romanian residential sector
  3. Will economic growth in 2013 help boost the Romanian property market?
  4. Professionalism will help revitalise Romanian property market
  5. Be proactive to complete on Romanian property before Christmas






Secure Exit Strategy


Let us search for you Let Us find Property in Romania for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Romania.

SubscribeGet Email Updates!

   

* We value your privacy and will never share your email address with anyone else.

USA Income Properties Fully Managed From $22,000
Investment Property

Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Romania
Channel: All

More RSS FeedsGo

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo