Real estate deals in Romania top €1bn in 2019

Real estate deals in Romania top €1bn in 2019

Published at: 2020-01-27 09:35 | Author: CIJ Romania
Romania’s real estate investment volume topped €1bn last year, according to estimates released by CBRE. The 2019 total, amounting to roughly €1.06bn, was a 7-percent increase from 2018 and a five-year high, with the office segment accounting for 75 percent of all deals. “Romania is an increasingly alluring destination for new investors, and 2020 will most likely bring, similarly to 2019, new names on the local market. There are several companies wanting to expand their portfolios in Romania, pursuing especially the acquisition of office buildings and industrial spaces. We expect further compression of yields, both for offices (currently at 7 percent) and for the industrial sector (7.75 percent),” said Gijs Klomp, head of investment properties at CBRE Romania.

Similar Stories:

Michelin Romania stops operations at factories in Zalau
Michelin Romania has suspended production at its two tire factories in Zalau, northern Rom  »
Activ Property Services joins TCN Worldwide
Activ Property Services has joined TCN Worldwide, the international organization of commer  »
One United Properties donates €100,000 to fight coronavirus
One United Properties is donating €100,000 to hospitals in their race to contain the cor  »
Arcona warns that market disruption will hurt market liquidity
The Arcona Property Fund reports that the fight to contain COVID-19 is disrupting the econ  »
Czech Republic  ♦  Hainc : Prague needs density
CIJ: In 2016, the Metropolitan plan was in chaos. The head of the plan had been fired and   »
And it’s not just shift workers to man the machines and assembly lines and to stack good   »
Czech Republic  ♦  It‘s Prague 4 vs. The World
Prague 4 appears to have done away with formalities and diplomatic language and made it cl   »
This reflected economic and political reality, as the country is being pulled in differing   »