RESIDENTIAL
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 Storia.ro, 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.
HOTEL
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.
OFFICE
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.
