Romanian Real Estate News – Monday 07/11/2022

Romanian Real Estate News


-In October 2022, 59,927 properties were sold throughout the country, 2,127 fewer than in September. The counties with the fewest properties sold are Olt, Călăraşi and Alba, official data showed.

-The Romanian real estate market saw a spectacular boom over the last two years during which times the number of jobs and the average wage in the sector have increased, a survey by online recruiting platform eJobs has found.


-Nine important hotels in Eforie Sud and Eforie Nord, in Constanta, as well as other assets on the Romanian seaside, will be auctioned off in the next period, following the decision of Transilvania Investments Alliance to reposition its portfolio held in the hospitality sector, Ziarul Financiar reported on Monday (Nov. 7).

-SkyTower Building, the tallest office building in Romania, signs a new 10-year lease contract with CAFÉLIER – a premium specialty coffee shop operator offering a wide range of specialty coffees, artisanal sweets, and drinks.


In 2021, economic operators with forestry activity exploited 19.446 million cubic metres in 2021, down 1.7% compared to 2020, National Institute of Statistics (INS) data showed.