Romanian Real Estate News – 31/05/23

Romanian Real Estate


Last month, Romanians viewed 16% fewer pages of real estate listings than in March and made 15% fewer contacts, according to the latest data from, the real estate platform launched by OLX. Taking into consideration 10 cities with the highest number of listed properties (Bucharest, Cluj-Napoca, Timișoara, Constanța, Brașov, Sibiu, Iași, Arad, Craiova and Oradea) the average price per square meter, in proportion to the number of listings in each area, reached €1,457/square meter in April, 0.2% higher than in March.


JW Marriott Hotel in Bucharest doubled its revenue to RON154 million in 2022, Finance Ministry data showed. Last year’s revenue was its highest ever.


The Center – West area (Politehnica, Orhideea, Cotroceni) has become the largest office hub in Bucharest, outranking the Floreasca – Barbu Vacarescu submarket in Q1 2023, according to Cushman & Wakefield Echinox data.