01.10.2008 - Romanian residential market still has 40% profit
From Financiarul.ro: In Romania, profit in real estate can no longer reach 40%, but an efficiency rate of 40% is enough for serious real estate business, said in a study Andrei Apetrei, general manager of the company Quantum Management and Consulting. After a few months when the Romanian residential market was dominated by uncertainties, with sudden changes in the mood of buyers and in the pace of sale and purchase, players look calmer now, the uncertainty in the real estate is smaller and smaller. According to a QMC study, the effects of the global financial crisis have been felt in Romania, but they have made us understand that such fluctuations are normal and are aimed at maturing the market..... Full Article: Source
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