Romanian Real Estate Growth Potential curtailed by Lack of Financing

The development potential of the Romanian real estate market is diminished by lack of public financing, say representatives of Willbrook Management International, Nine o' clock reports.

As compared to Bulgaria, the financial situation of Romania is not able to support the extension of the real estate market, through public financing, as the legal framework does not allow the use of public financing instruments for real estate projects, called Real Estate Investment Trusts (REIT).

“As a result, the investments in the real estate market are delayed or face difficulties related to the volume of the invested and of the reinvested capital, and the Romanian real estate sector, though in permanent growth, is not valued at maximum potential”, Diana Voicu, Managing Director at Willbrook Management International says, quoted by a company’s communiqué.

Bulgaria is the only country in the Eastern and Central Europe where the real estate sector is financed by the Stock Exchange as well.

In Sofia, the access to the profit of the real estate projects and properties is published through the REIT instruments listed on the Stock Exchange. The financial facility offered by the Bulgarian market allows the investors to reinvest the profits gained through other real estate projects developed in the same state.

Regardless of this aspect, the Romanian real estate market remains one of the main countries approached by the foreign investors due to the high number of the urban population intrested to purchase or to rent a dwelling.
Real estate specialists estimate that the most profitable investments in Bulgaria and Romania at January 1 2007 are the plots of land for the development of residential projects. Willbrook Management with the central office in Great Britain, is promoting the high British expertise and technology, implemented in the developing Central and East European markets or on other emerging markets.

Facebook Коментари

Добави коментар

Екипът на Ви благодари, че използвате кирилица за вашите коментари.
В случай, че коментарът Ви съдържа нецензурни квалификации и лични нападки или обиди на расова, сексуална, етническа или верска основа, той ще бъде изтрит от модератора на сайта.

Абонирайте се за електронния
информационен бюлетин на

На фокус

Иновативни технологии за интелигентно почистване на подове у дома

Новата прахосмукачка-робот Roomba i7+ не само обича, но е и...