Bucharest City Report Q2 2019

Bucharest City Report provides you with quarterly update on the Bucharest real estate market covering the following sectors: investment, office, industrial and retail.

August 27, 2019

Romanian real estate market performance continued to be very good in the second quarter of 2019. Nevertheless, investor and corporate occupier demand are on track for a strong 2019, with activity expected to be well above long-run averages.

Highlights include:

Real Estate Capital: sentiment is strong, with a total volume for 2019 estimated to surpass the €1 billion mark.

Office: the second quarter reconfirmed the strong interest for renting office spaces in Bucharest

Retail: the same trend as in Q 1: there were no new major shopping centers or retail parks delivered in Q2 2019

Industrial: Q2 marked the surpassing of the 4 million sq m mark of modern industrial and logistics spaces in Romania

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