Ilias Papageorgiadis finds opportunities at times of crisis, in properties generating incomeIlias Papageorgiadis finds opportunities at times of crisis, in properties generating incomeIlias Papageorgiadis găseşte oportunităţi pe timp de criză în proprietăţile generatoare de venituri

Thursday, June 4th, 2009

110866mare1

“Currently, everybody is waiting for everything to worsen, since there are no sings that the real estate market could make a comeback ” - Ilias Papageorgiadis, CEO More Real Estate Services.

More Real Estate Services, the real estate consulting company, is concentrating on transactions with properties generating income, both for its own company and for the clients that he represents.
The consulting company managed by the Greek Ilias Papageorgiadis supplies consulting services, 110866mare1

“Currently, everybody is waiting for everything to worsen, since there are no sings that the real estate market could make a comeback ” - Ilias Papageorgiadis, CEO More Real Estate Services

“ 110866mare1 În momentul de faţă toată lumea aşteaptă ca să vină ce este mai rău, deoarece nu este niciun semn care să indice că piaţa imobiliară şi-ar putea reveni “- Ilias Papageorgiadis, CEO More Real Estate Services.

       More Real Estate Services, compania de consultanţă imobiliară, se concentrează pe tranzacţii cu proprietăţi care generează venituri, atât pentru firma proprie, cât şi pentru clienţii pe care îi reprezintă.
      Compania de consultanţă condusă de grecul Ilias Papageorgiadis furnizează servicii de consultanţă, pentru identificarea de proprietăţi şi/sau finanţarea de proprietăţi, în principal în domeniile comercial şi retail (urmând ca activitatea să fie extinsă în domeniile agricultură şi energie), a anunţat CEO More Real Estate Services, într-o conferinţă de presă. Având peste 200 de clienţi în portofoliu, compania este mandatată pentru a intermedia tranzacţii cu o valoare totală de peste 400 de milioane de euro, de către persoane private şi fonduri de investiţii care sunt gata să investească în oportunităţile potrivite, în special în proprietăţi care generează venituri, a mai fost amintit în cadrul evenimentului.
       În ceea ce priveşte achiziţiile făcute de compania pe care o conduce, Ilias Papageorgiadis a declarat că alocă un buget de 2 milioane de euro pentru astfel de achiziţii. “Am cumpărat proprietăţi în Timişoara şi Cluj. Iar în momentul de faţă compania poate cumpăra proprietăţi în valoare de 2 milioane de euro”, a spus Papageorgiadis. El a mai adăugat faptul că următorii 2 ani reprezintă o perioadă bună pentru achiziţionarea de proprietăţi care generează venituri. “2009 este un an bun să investeşti. Acest an şi următorul reprezintă o perioadă bună în care poţi să investeşti. Dar trebuie să ai o strategie.Totodată, depinde şi ce plan de investiţie ai”, a explicat acesta.

Chiar dacă nu era criza internaţională, bula imobiliară tot s-ar fi spart
       “Toată lumea spune că piaţa imobiliară s-a prăbuşit datorită crizei internaţionale, dar acest lucru este irelevant. Dar dacă nu venea criza mondială, bula imobiliară oricum s-ar fi spart, deoarece am pierdut legătura cu realitatea. Iar acum trebuie să revenim la realitate şi la preţuri corecte”, a subliniat CEO More.
       Se poate observa că sectorul comercial şi cel de retail sunt mai puţin afectate decât cel rezidenţial. Ilias Papageorgiadis ne-a explicat că sectorul rezidenţial a fost cel mai afectat deoarece avem în piaţă prea multe produse greşite, ansambluri rezidenţiale amplasate în zone mai puţin bune şi preţuri greşite.
      “Sectorul de rezidenţial a avut de suferit, deoarece această piaţă a fost condusă de străini care cumpărau blocuri la preţuri ridicate şi erau minţiţi că vor găsi români care vor da pentru aceste apartamente mai mult. Iar astfel s-a ajuns la preţuri exorbitante”, a subliniat Ilias Papageorgiadis.
      În ceea ce priveşte evoluţia pieţei imobiliare, CEO More a spus: “Nu văd semne reale că se va întâmpla ceva anul acesta. Piaţa va continua să se ducă uşor în jos, iar în prima jumătate a anului viitor va atinge un minim. În a doua jumătate din 2010 lucrurile vor începe să mişte, iar în 2011 piaţa se va întoarce la normal. Normal nu înseamnă că investitorii vor da buzna în România şi vor cumpăra la voia întâmplării”. El a mai precizat că “România are un viitor, dar trebuie să vedem ce suntem şi unde suntem”.

Viziunea unui grec asupra pieţei imobiliare autohtone, cuprinsă într-o carte
În cadrul conferinţei de ieri, Ilias Papageorgiadis şi-a lansat şi cartea “Romania through my eyes”. Cartea în care este surprinsă o introspectivă în lumea adevărurilor, miturilor şi realităţilor care au modelat piaţa imobiliară din România în urmă cu un an, aşa cum se vede prin ochii lui Ilias Papageorgiadis, directorul general al companiei MORE Real Estate Services. Cartea, scrisă într-un limbaj sincer şi direct, este o colecţie a celor mai bune postări ale autorului scrise pe parcursul anului trecut, pe blogul său.

Sursa:http://www.curierulnational.ro/Specializat/2009-06-04/Ilias+Papageorgiadis+gaseste+oportunitati+pe+timp+de+criza+in+proprietatile+generatoare+
de+venituri

for the identification of properties and/or for financing properties, mainly in the commercial and retail services (following that the activity should be extended to the domains of agriculture and electric power), said the CEO of More Real Estate Services, within a press conference. Another aspect mentioned within the event is that, having a portfolio of more than 200 clients, the company is empowered to mediate transactions with a total value of more than 400 million Euros, by private persons and investment funds which are ready to invest in the appropriate opportunities, especially properties generating income.
      As regards the purchases made by the company that it represents, Ilias Papageorgiadis has declared that it assigns a budget of 2 million Euros for such purchases. “I have purchased properties in Timisoara and Cluj. At the time being, the company can purchase properties of 2 million Euros” stated Papageorgiadis. He also added that the following 2 years represent a better period for the purchase of properties generating profit. “2009 is a good year for investments. This year and the following represent a good period for investments. However, you must have a strategy. Furthermore, it also depends upon the investment plan that you have”, he explained.

Even without the international crisis, the real estate bubble would have exploded anyway
      “Everybody says that the real estate market has crashed due to the international crisis, but this is irrelevant. If the world crisis hadn’t occurred, the real estate bubble would have exploded anyway, because we have lost touch with reality. Now, we must come back to reality and to fair prices “, emphasized the CEO of More.
      We may notice that the commercial and retail sectors are less affected than the residential one. Ilias Papageorgiadis has explained to us that the residential sector was most affected because we have too many incorrect products on the market, residential complexes situated less than good areas and bad prices.
      “The residential sector has been affected because this market has followed the lead of the foreigners who purchased blocks at high prices and were lied to, and were led to believe that they will find Romanians who would be willing to pay more for these apartments. This is how we ended up with extravagant prices”, emphasized Ilias Papageorgiadis.
      As regards the evolution of the real estate market, the CEO of More said: “I don’s see any real signs that something will happen this year. The market shall continue to go slightly downwards, and in the first half of the following year it shall reach the minimum. In the second half of 2010, things shall start to move, and in 2011 the market shall come back to normal. By normal, I don’t mean that investors shall come barging to Rom,ania and buy just about anything”. He also stated that “Romania has a future, but we must see what we are and where we are situated”.

The vision of a Greek investor on the Romanian real estate market, summarized in a book
      Within the held yesterday, Ilias Papageorgiadis has also launched the book “Romania through my eyes”. The book which offers a view on the world of truths, myths and realities which have shaped the real estate market in Romania a year ago, through the eyes of Ilias Papageorgiadis, the General Manager of the company MORE Real Estate Services. The book, written in a sincere and direct language, is a collection of the best posts of the author written throughout the past year on his blog.

“Curierul National” Newspaper

for the identification of properties and/or for financing properties, mainly in the commercial and retail services (following that the activity should be extended to the domains of agriculture and electric power), said the CEO of More Real Estate Services, within a press conference. Another aspect mentioned within the event is that, having a portfolio of more than 200 clients, the company is empowered to mediate transactions with a total value of more than 400 million Euros, by private persons and investment funds which are ready to invest in the appropriate opportunities, especially properties generating income.
As regards the purchases made by the company that it represents, Ilias Papageorgiadis has declared that it assigns a budget of 2 million Euros for such purchases. “I have purchased properties in Timisoara and Cluj. At the time being, the company can purchase properties of 2 million Euros” stated Papageorgiadis. He also added that the following 2 years represent a better period for the purchase of properties generating profit. “2009 is a good year for investments. This year and the following represent a good period for investments. However, you must have a strategy. Furthermore, it also depends upon the investment plan that you have”, he explained.

Even without the international crisis, the real estate bubble would have exploded anyway
“Everybody says that the real estate market has crashed due to the international crisis, but this is irrelevant. If the world crisis hadn’t occurred, the real estate bubble would have exploded anyway, because we have lost touch with reality. Now, we must come back to reality and to fair prices “, emphasized the CEO of More.
We may notice that the commercial and retail sectors are less affected than the residential one. Ilias Papageorgiadis has explained to us that the residential sector was most affected because we have too many incorrect products on the market, residential complexes situated less than good areas and bad prices.
“The residential sector has been affected because this market has followed the lead of the foreigners who purchased blocks at high prices and were lied to, and were led to believe that they will find Romanians who would be willing to pay more for these apartments. This is how we ended up with extravagant prices”, emphasized Ilias Papageorgiadis.
As regards the evolution of the real estate market, the CEO of More said: “I don’s see any real signs that something will happen this year. The market shall continue to go slightly downwards, and in the first half of the following year it shall reach the minimum. In the second half of 2010, things shall start to move, and in 2011 the market shall come back to normal. By normal, I don’t mean that investors shall come barging to Rom,ania and buy just about anything”. He also stated that “Romania has a future, but we must see what we are and where we are situated”.

The vision of a Greek investor on the Romanian real estate market, summarized in a book
Within the held yesterday, Ilias Papageorgiadis has also launched the book “Romania through my eyes”. The book which offers a view on the world of truths, myths and realities which have shaped the real estate market in Romania a year ago, through the eyes of Ilias Papageorgiadis, the General Manager of the company MORE Real Estate Services. The book, written in a sincere and direct language, is a collection of the best posts of the author written throughout the past year on his blog.

“Curierul National” Newspaper, 04.06.2009