Sales of homes funded by bank loans rose by 40% during H1 2024 compared to the same period of last year over the reduction of interest rates and the increase in transaction prices, according to transactions brokered by RE/MAX Romania.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
Strong investor demand allowed initial indicative price of 6% to fall by 37.5 basis points to a price of 5.625%, while the peak value of orders reached more than €800 million.
The transaction adds to a record portfolio of nearly 5 GW of renewable energy projects advised in 2024, across various areas.
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.
AI boom could further threaten 2050 decarbonization commitments unless used responsibly and scaled to its full potential as a lever of achieving net zero.