Old Centre likely to become no. 1 in Bucharest in terms of rents

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">Bucharest"s Historic Centre, delimited by streets such as Lipscani, Strada Franceza, Smardan, Selari or Stavropoleos, is the only area in Bucharest where rents are going up, with owners getting as much as 100 euros per square metre.

The main reason investors are willing to pay between 3,500 euros and 10,000 euros for a 100-sqm space is the high traffic already secured by the over 100 bars and restaurants opened over the past two years in the pedestrian streets of the centre. "The Old Centre...

Read the whole story in: Ziarul Financiar