Romanian Real Estate News – 10/02/23

Real Estate News Romania

INDUSTRIAL

Romania’s modern industrial and logistic space stock at end-2022 reached almost 6.2 million square meters, up by over 500,000 square meters from 2021, and there’s further significant room for growth as compared to other CEE countries, according to real estate consultancy Colliers.

CONSTRUCTION

The number of construction projects increased by 20% to 29,719 in 2022, after two years with restrictions and significant changes in geopolitical tensions, Ziarul Financiar reported citing IBC Focus.

OFFICE

The following trends will dominate the market in 2023, according to the analyses of CBRE Romania:

1.The office leasing will maintain its upward trend

2. Demand will surpass supply

3. The office tools are changing preferences against remote work