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Articles - studiu

Romanian real estate market is recovering after two difficult years

After the initial concerned outlook on the future of the real estate market in connection with the health crisis’ all-encompassing effects, the second year of the pandemic has allowed us to draw some better informed conclusions.

45% of employees have already fully returned to the office

More than 70% want to work from the office in 2022 or at least in a hybrid system, according to a recent survey of 1,073 employees nationwide by Genesis Property.

Commercial real estate companies estimate revenue growth this year, transactions activity to intensify

Commercial real estate representatives (retail, business centers and offices, logistics spaces) estimate, in a proportion of 80%, a revenue increase this year compared to 2021, and 73% expect transactions activity to intensify over the next 12 months, according to the Deloitte 2022 Commercial Real Estate Outlook global study.

Labor shortage is a bigger concern than the pandemic for companies over the next year

Nearly three-quarters (73%) of companies are concerned about the way labor and skills shortage will influence their business strategy within the next 12 months, slightly higher than the share of those which are concerned about the pandemic evolution, such as future COVID-19 variants (70%), according to the latest CEO survey conducted by Deloitte and Fortune magazine.

A lot of talking around ESG, but is Romania prepared for what’s coming?

Top 10 things real estate Investors and Landlords need to know

Almost three quarters of Romanian employees currently work from the office at least 3 days a week

The recovery of the economy, a greater dynamics of the companies' activity and the taking of safety measures in the workplaces led in 2021 to the return to offices, at least partially, of many public and private sector employees throughout the country.

After a year of uncertainty, optimism returns to the real estate market in Central Europe

The real estate market professionals in Central Europe returned to the level of optimism registered before the pandemic. Almost 40% of them expect an improvement in the general economic climate this year, 46% have positive expectations regarding real estate activity, and 48% rely on increasing the volume of transactions, according to the Deloitte Real Estate Confidence Survey for Central Europe 2021, conducted in the first quarter of this year in four countries in the region – Romania, Poland, the Czech Republic and Hungary. At the same time, 58% of the respondents expect the availability of investment products to increase in countries where they operate.

Almost 88% of Romanian employees believe that offices will exist in the future, but most say that post-pandemic workspaces need to be transformed

After a year and a half of working mostly remotely or in a hybrid system, Romanian employees say that the office will play an important role in their lives at work and after the pandemic passes. Almost 88% of them believe that their office will exist in the future, most expecting a transformation of the space in which they worked before, according to a recent survey initiated by Genesis Property among 1,183 employees across the country.

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