Analysis
CBRE: 2020 Office Transactions in Bucharest Matched 2015 Level
Around 240,000 square meters of office spaces were transacted in Bucharest in 2020, a similar level to 2015, as most companies postponed decisions and 60% of the total were relocations, real...
C&W Echinox: Retail Space Deliveries Seen Down 50% in 2021
Deliveries of modern retail space this year will amount to about 60,000 square meters, a decrease of about 50% compared with 2020, real estate consultancy company Cushman & Wakefield Echinox...
ING Survey: Buying a Home Is Usually a Short and Sharp Experience
Romanians are the most determined and quickest Europeans when it comes to choosing a home to buy, with three out of five saying they found their home in three months at most, a survey conduc...
Romania Registers 48,736 Real Estate Deals in January
The number of real estate deals in Romania stood at 48,736 in January, 28,619 fewer than in December 2020, data from the national cadaster agency ANCPI showed Wednesday.
New Retail Loans Down for First Time in 8 Years in 2020
New consumer and mortgage loans in lei and euros consumers took from banks fell by some RON2.7 billion or 7% from the 2019 level to RON34.3 billion in 2020. Last year was the first of declin...
McKinsey&Company: Romanian Banks May Post RON58B Drop in Revenue after Risk Costs
Romanian banks may register an estimated drop in revenues of around RON58 billion by 2025, compared with revenues expected had the pandemic never happened, due to risk costs and decreased vo...
Home Delivery Market to Overshoot EUR1B Mark In 2021
The delivery market in Romania will continue its upward trend and overshoot the EUR1 billion mark in 2021 after having gone up four or five times in value last year. The growth speed will be...
New Vehicle Registrations in Romania Down 46.8% in January
New vehicle registrations in Romania, including passenger cars and commercial vehicles, stood at 7,625 units in January, down 46.8% compared with January 2020, the Automotive Manufacturers a...
Roofing Market Actors Expect Good 2021
The roofing market will grow this year, actors in the industry say. The growth may be slower than last year, but even so, the market will grow. Demand for more expensive premium products wil...