The Romanian real estate market has in recent years attracted alot of foreign investors through the fast profits it brought, butthis is not the model that will lead to long-term economic growth,believe the lawyers of Fuster Gascia-Berdoy firm, the Madridassociates of Tuca Zbarcea & Asociatii law firm. Nevertheless,despite the current freeze, real estate development is necessary,the lawyers believe, considering old housing units still prevail."(...) In Romania, real estate development will have to rebound asprice was the problem, and not housing demand," considers JaimeFuster, a partner with the Spanish firm. "The real estate marketwill pick up in Romania, as well, with its advantage coming from bythe high number of owned housing units, a solid base for newprojects (...)," says Pablo Garcia-Berdoy, the second partner ofthe firm and former Spanish ambassador to Bucharest. The twoorganised several meetings between the representatives of 15Spanish engineering firms and local authorities, as well aspotential clients this month in order to start some investments inRomania.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
