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Addison read - Romanian Property Investment Romania Home About us Properties News Contact us Romania or Bulgaria ... exciting property investment opportunities.. learn more about.. ADDISON READ ROMANIA REQUESTS FOR PROJECT PROSPECTUSES Romania Property Market Land Price Guide - 2005 Bucharest residential market supply & demand Investment - Commercial property Residential property - New build Foreign ownership of land in Romania Martha Bibescu - Villas - New build project Representative projects South-East Europe drives growth in the New Europe REPORTS Addison Read Brochure pdf Romania Property report 2005 pdf PROPERTY MARKET Industrial Parks in Romania Bucharest office market Business Park -Bucharest Business Park - Iride GENERAL REPORTS GDP comparison - ro - hu - bg - cz Relocation services Cost of living Indices by country / Descending order Detailed report - Bu News Commercial Investment Property Projects Offices 34 office buildings are already under construction to be ready during 2005 or 2006. 21 office buildings will be completed in 2005 and 13 during 2006. Kardan from Israel intends to build 26,000 square meters of A class offices, project value of 50m . America House under construction is well located at Piata Victoriei now a focus of Bucharest's office developments. The Israelis have also developed Europa House, which, on completion was sold to the Austrian property fund Europolis. National Bank of Kuwait (NBK) intends to place 15m in Romania and 150 million in the area. In this regard, it recently launched an investment fund for CEEE to be called Watani Central European Real Estate Fund. The assets targeted by the fund include A class offices, commercial areas and logistics to be let to international companies. The Belgium company Liebrecht & Wood is currently negotiating several important projects. They will enter the office market in Bucharest with a 20,000 square meters building, an investment estimated at 20m-22m . "The land is fully owned by Liebrecht & Wood, and the building and development authorisations are in progress. The new Liebrecht & Wood project will be composed of four buildings with a surface of circa 5,000 square meters each, connected to one another. It will have an excellent location and whoever will come to Bucharest would not miss it, declared Johan Rogiers, managing director with the company. Warehousing Liebrecht & Wood will also develop a warehouse project, called the Bucharest Logistic Centre located in NW Bucharest on the ring road. For a first development phase, Liebrecht & Wood is negotiating the rental of the site with a potential client. The third Liebrecht & Wood project in Romania refers to the Bucharest Industrial Park, located in the Eastern Bucharest close to the Bucuresti-Pitesti motorway. Liebrecht & Wood also holds a 25 hectares land, but they did not decide on its destination yet. Autoker Holding, one of the most important real estate and logistics companies in Hungary is indenting to enter the Romanian market by building office buildings in a first phase. "Although we continue with the projects in Budapest, we started to look for investment opportunities in Romania, Poland Czech Republic and Ukraine as well. As it is risky to enter into residential projects on new markets, we will probably start with investments in office buildings:, declared Ehud Amir, the company president, quoted by Budapest Business Journal. Business Opportunities and Development Projects The Israeli investment fund Africa Israel Investment bought a 121,000 square meters plot last month for which it paid 9m . Here they intend to build a residential complex in Bucharest. Four international companies will jointly develop the largest logistics centre in Romania, Cefin Logistic Parc, which will be spread on 30 hectares in close to Bucharest, next to the Bucuresti-Pitesti motorway. The development of the project estimated at 75m will be the responsibility of the Romanian division of the Italian group Cefin specialising in real estate investment ad the Austrian Europolis will provide the funding via a loan contracted from HVB Bank Romania. The building of Cefin Logistic Park will include several phases for the next three years. The centre will have 13 hectares and it will include distinct units of at least 2,500 square meters each. European Future Group, UK, is targeting eight potential investments totaling 150m . But, everything is at the intention level. The American Apollo Real Estate division, last year's leader in terms of CEEE investment, plans to invest up to 150m in Romania. 11 new shopping centres will be built in Bucharest The real estate companies confront a great number of retail projects, but 11 projects are a certainty for Bucharest. There will be three new hypermarkets, a Cora in Drumul Taberei, a Kaufrand in Colentina and a Carrefour in Baneasa. 5 new malls will be built: City Mall on Sos. Oltenitei, Concorde Mall in Rahova, Esplanada oposite the Pasajul Marasesti, Sun Plaza at the crossing between Vacaresti and Oltenitei, Metropola at Eroilor. They are added three shopping parks two in Baneasa and one in Otopeni. Major Projects The Esplanada project includes the development under a Public-Private-Partnership, in the central Bucharest, of a multifunctional complex with several malls, office buildings, residential buildings and 10-20 floors hotels, the development of a pedestrian area and commercial spaces on circa 10 hectares in central Bucharest. The total investment for this project to start soon will exceed 800m. Projects in negotiation Other projects represent an intention. The real estate company Meinl European Land, registered in the UK, has planned investments of 100m in Romania, declared Nadine Gilles, representative of the company. "We are currently negotiating to purchase several retail projects in Romania with a value exceeding 100m". They mainly target projects in the commercial sector and potentially industrial developments. Other investments of the company in Romania are targeting the extension of the Military shopping centre. "The project could be extended on approximately 150,000 square meters. The extension will be done depending on the demand, step by step, in the following years". The Militari shopping centre, which Meinl bought last year from Liebrecht & Wood for 20m, is the first investment of the company in Romania. Jurnalul - 6 APRIL 2005 If you are interested in a Property Investment with High Capital Growth Check out why Romania's property market has Europe's highest investment potential Why Invest in Romanian Property Addison Read's Romanian Brochure For more information contact: Addison Read Romania 5 Intr. Temisana Street Apt. 4 Bucharest 010795 Romania Richard Prior email Richard Tel +40 722 304 773 Phil Stapley email Philip Tel +40 743 145 443 Fax: +40 21 232 6737



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Selling a Home - Top Reasons Why Good Homes Don't Sell  You are here: About > Home & Garden > Home Buying / Selling > How To Sell a House > Selling a Home - Top Reasons Why Good Homes Don't Sell Home & Garden Home Buying / Selling Essentials 10 Things Home Buyers Shouldn't Do Best Tips for First Time Home Buyers "Must-Do" Tasks Before You Sell How to Buy a Home, Step by Step For Sale by Owner Advice Articles & Resources How To Buy a Home How To Sell a House Celebrity & Historic Credit Reports & Scores Design & Remodel Home Maintenance Inspections & Appraisals Investing & Foreclosures Modular & Manufactured Mold, Radon, Lead, etc. Mortgage Advice Moving & Relocation Real Estate Careers Real Estate For Sale Vacation Homes Buyer's Guide Before You Buy Top Picks Home Buying Books Foreclosure Books Mortgage Books Product Reviews Forums Help FREE Newsletter Sign Up Now for the Home Buying / Selling newsletter! See Online Courses   Search Home Buying / Selling Stay up to date! Email to a friend Print this page Home Buying Resources How To Buy a House with Good Resale Potential How To Make an Offer on a Home You CAN Buy a House Home Selling Advice The Importance of Curb Appeal Get the House Ready to Sell How To Measure Residential Square Footage More Home Selling Tips 10 Ways to Make Home Buyers Hate Your House How to Find a Real Estate Listing Agent How Listing Agreements Differ Related Blogs Mortgage Fraud Blog The Real Estate Blog The Money Pit Most Popular Modular and Manufactured Homes Finding Your Best Place to ... Home Buying Don'ts First Time Home Buyer Tips Before You Sell Your Home What's Hot Coping with Unethical People How To Buy Land Real Estate Appraisal Before You Buy a Log Home Package Home Buying / Selling - GuideReviews Related Topics Home Repair Architecture Credit / Debt Management Housekeeping Landscaping Home Selling Essentials From Janet Wickell , Your Guide to Home Buying / Selling . FREE Newsletter. Sign Up Now! Common Home Selling Problems that Slow Down Your Sale There are lots of reasons why offers might not come in when you're selling a home, but let's get past the top home selling killer–overpricing. It's the first thing you should consider if your house is still sitting on the market while others around it are changing owners. Price the House for its Market Some home sellers want to price their homes way above market value, because they think the cushion gives them more negotiating room. But what overpricing actually does is eliminate potential buyers. A home with a true value of $200,000 has a certain set of features that contribute to its value. A house valued at $160,000 in the same market normally has less to offer than the higher priced home and simply can't compete with it. Buyers in the $200K range won't be impressed with the home's features and buyers looking for homes nearer its true market value won't even see it because of the too-high pricetag. It doesn't matter what you want for your property, what's important is what your property is worth . Overpricing is usually easy to correct, but there are plenty of homes that buyers pass on for other–sometimes simple–reasons. If you're a home seller, and your house isn't selling, it's time to anaylze the situation and figure out why. Four Simple Reasons Homes Don't Sell 1. A Horrible Photo in the MLS You might be surprised how many buyers say NO! to houses simply because of poor photos used in ads or Multiple Listing Service handouts. It's even more amazing that agents let them discard a house based on that criteria, but it happens all the time. Good photos are not always easy to get. Houses aren't built on lots with thought to future photo opportunities. The sun isn't always in an ideal position for the photo. The agent might not be capable of taking a good picture. Home selling rule number one is to make sure the house is well represented in all photographs. 2. It's Hard to Sell a Dirty House Some sellers don't bother to clean a house before they try to sell it, and if they don't even clean when they know people will be inspecting the house, they sure won't freshen up the paint, sort through clutter or handle odor control. Home buyers nearly always think that dirty houses need repairs, when all they usually require is some thorough TLC. After a few turned-off buyers, agents hesitate to show dirty houses. No showings, no sale. Take a hard look at the property to make sure your house doesn't fall into the needs-cleaning category. 3. Curb Appeal is the Pits Home buyers like to do drive-bys. Imagine driving by a house that's for sale and finding that the yard hasn't been mowed recently or worse, that it's full of weeds. Or seeing loose items scattered everywhere on the lawn. Or dirty windows. Or discovering that the home's color is just one shade shy of outshining the sun. If the home's curb appeal is terrible, the majority of buyers won't even make an appointment to go inside. Improve your curb appeal before the first buyer has a chance to view your property. 4. Outdated, Worn Out Components We are creatures of habit. That old vinyl on the kitchen floor has worked forever, so why don't the buyers like it? The dated light fixtures are just fine, too, and the sellers wouldn't think of replacing the orange shag carpeting in the family room. Look at the house with a fresh attitude and try to see it as buyers do. How can you make improvements? If your house is listed with an agent, ask for written feedback from buyers who have seen it. If the same negative comments show up repeatedly on feedback forms, you'll know where to start working on the house. Move carefully with updates, analyzing the work to determine which updates make sense from a cost vs. recovery standpoint. 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