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Romania Report| Investments in Sibiu Area
latest headlines on the investment front in Sibiu

RTC builds three blocks of flats in Sibiu worth 6 million euros (Curierul Nat...
RTC will break ground in the next months on a residential project in Sibiu worth 6 million euros. The project consists of three blocks of flats to be built on a 9000 square meters area, totting up about 100 apartments. The residential complex’ apartments will have two, three or four rooms and surfaces between 60 to 100 square meters. The project includes green spaces, open-air parking and playgrounds. The three buildings will be constructed less than a kilometer away from Sibiu’s historical center and very close to the railway station, informed RTC.
http://www.curierulnational.ro/index.php?page=articol&editie=1420&art=90056
Prices are increasing in Sibiu
The small stock of commercial spaces and the new status of European cultural capital led to an increase of rents in Sibiu’s real estate market. Presently, the rents are situated around 30-75 Euros/square meter/month in central areas and in average 25 Euros/square meter/month in semi-central areas, according to Edil company representatives. New commercial spaces, usually constructed on the first level of residential buildings, are being sold for a price of 3.600 Euros/square meter in central areas; 2.000-2.300 Euros/square meter in semi-central areas and 1.200-1.400 Euros/square meter in good residential areas. The office spaces segment has recorded rents up to 10 Euros/square meter/month for central locations, with buying prices reaching almost 1.600 Euros/square meter. In the industrial segment, the rents can reach around 4-8 Euros/square meter/month with selling prices reaching 120-330 Euros/square meter. The majority of industrial projects developed in and around Sibiu offers constructed areas of 300-5.000 square meters.
http://stiri.zdi.ro/en/Analysis_and_Consultancy-Prices_are_increasing_in_Sibiu-1009.html
Old apartments in Sibiu more expensive than new ones (ZF)
Old apartments’ prices in Sibiu are over 30% higher than those of new apartments, demonstrates an analysis of Edil, a real estate agency. Thus, a three room apartment in an old building situated in Sibiu’s centre is priced at 90.000 euros, whereas the same apartment in a new building costs around 71.000 euros.
http://www.zf.ro/articol_121898/apartamentele_vechi_din_sibiu__mai_scumpe_decat_cele_noi.html

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