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.
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.
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