Romania: Real Estate Investment Funds Put Aside Banking Loan
Real estate investment funds represent an alternative to the banking loan programs for the development of estate projects, ACT Media News Agency reports.
The current trend both for banks and the experts from the estate sector is to direct their financing services towards the emerging middle-class.
“If so far, project developers were targeting the estate luxury sector, they now re-direct their attention towards urban residential assemblies, accessible to that category of persons with incomes slightly above the average and who most press for decent residences,” said real estate manager Razvan
