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Articles - studiu

Investment volumes down at €588.5million in 2020, but Romania remains on the radar of investors

Romania’s commercial real estate investment volume ended 2020 with a volume of €588.5 million*, half versus 2019 but similar with 2015, a starting growth year, according to CBRE Romania Real Estate Market Outlook. For 2021, Romania remains on the radar of investors and the combination of limited supply and better than envisaged demand may trigger surprising movements in pricing.

Top 10 predictions for the real estate market in Romania in 2021

2021 is expected to be a year of recovery, but the pandemic will still have a great influence.

Bucharest office market continues to develop, amid a slight return in demand in the third quarter

The office market in Bucharest continues to grow, in the first nine months of the year being delivered new spaces with a total area of 124,000 square meters, while developers have in various phases of construction buildings with a cumulative area of 388,000 square meters, according to real estate consulting company Cushman & Wakefield Echinox.

Almost 90 pct of obligations to office building owners were paid by tenants

Almost 90% of tenants paid their obligations on time to the office buildings owners in the first half of the year, even though some spaces were not occupied during the state of emergency.

CEE & SEE Working from home survey : Employees miss the human aspects of their regular office

During the COVID-19 lockdown, CBRE has conducted a large-scale study about working from home experience by asking a total of 1,200 employees in Romania, the CEE and SEE regions.

The Romanian office space market grew by 24% in the first three quarters of 2019

In the first nine months of 2019, the volume of office space rental stands at 339,100 sqm, 65,430 sqm more than last year in the same period, according to an ESOP monitoring of centralized data by the main market brokers. The largest transactions were registered in Bucharest, Cluj-Napoca and Timișoara.

Romania remains an outlier in the CEE region in H1 2019

The Romanian real estate market recorded good results in the first half of 2019, with activity on office and investment segments getting more dynamic than that of some CEE peers. With the full year GDP expansion figure likely to top 4%, Romania also remains an outlier in terms of economic performance when compared to other CEE economies.

The post-millennial young people in Bucharest are most satisfied with their office

The post-millennial young people in Bucharest, belonging to the Z-generation (18-24 years), are most satisfied with their office, show the surprising results of the first study conducted by CBRE on the importance of the working environment of the office buildings for employees during 2018.

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