Nearly 53.5% of the housing units to be completed this year in Bucharest target the mass market category, while the share held by middle market projects rose by some 6,000 housing units, to 39%, compared with 34% in 2015.
Over 30,000 housing units in residential projects in large cities will be completed this year in Romania. The most developed regional markets are Cluj Napoca (over 3,500 deliveries, including Floresti), Sibiu (some 3,500 new housing units will be completed in 2016), Constanta (over 2,000 units under construction) and Brasov (some 1,750 housing units are due for delivery in 2016).
Coldwell Banker Affiliates of Romania operates on the Romanian real estate consulting market, being manager and exclusive agent for over 15 residential projects in Bucharest and across Romania, among which, Cosmopolis, Felicity Residentials, MetroCity Academiei, Onix Residence and Politehnica Park Residence, Contemporano and Riviera Luxury Residence in Cluj Napoca and Dorobantilor Residence and Sanpetru Residence in Brasov.
In 2015, the company sold, directly from real estate developers, over 1,400 new housing units in Bucharest alone.