Romanian Real Estate News – 08/12/22

Romania real estate news


Real estate investors and developers active in Romania plan to expand their local portfolios over the next three years despite inflation, increasing financing costs, the geopolitical situation and also the increasing construction costs, according to the first edition of the Cushman & Wakefield Echinox’s “Real Estate Investors Sentiment Barometer”.

The real estate consultancy surveyed the top management of 45 local, regional and global investors with a combined real estate portfolio in Romania of more than EUR 10 billion, investors with a share of approximately 50% of the local real estate market. The survey was conducted between October 1 – November 1.


-French multinational hospitality company Accor is expanding its portfolio in Romania by signing a new franchise contract for a hotel which will operate under the Mercure brand in the city of Bacau.

-Constanta, Iasi, Brasov and Bucharest boast the largest investments underway in accommodation units, according to an analysis by local business daily Ziarul Financiar based on IBC Focus platform data.