The real estate consultant says that in 2015 the office stock will increase with approx. 100,000 sq. m, considering the scheduled delivery of two major projects: AFI Park – 4th and 5th phases and Green Court – 2nd phase.
“The fact that those are new development stages of already existing projects demonstrates the developers’ confidence in the local market and its absorption power over this new stock”, added the officials of The Advisers/Knight Frank.
In 2014, the real estate market activity was overall more intense compared to the previous year, a proof being the investment volume which reached approx. EUR 800 million in 2014. “This number exceeds the cumulated value of the last two years and also the record number from 2010 – the most active year in the crises period, when the investment registered EUR 543 million”, says the company’s representatives.
(source: wall-street.ro)
