Colliers | Romania Feed

The retail market recorded limited deliveries in the first half of 2021, as many projects were postponed during the pandemic and the price of construction materials rose a lot. About 60% of the 120,000 square meters of new retail space under construction were in small structures, in retail parks, a Colliers report shows.

Romania's property investment market drops in line with the trend in Central and Eastern Europe (CEE), but the activity and perspectives remain favorable, per a report of real estate consulting firm Colliers.

Activity on the office space market remained relatively weak in the first half of 2021, with feeble signs of recovery to pre-pandemic levels, considering that companies do not yet have a clear picture of the moment in which most employees will return to the office, per a market report by real estate consulting firm Colliers for the first half of 2021.

The housing rental market in Romania is expected to grow in the coming years, as the overcrowding rate is ramping up and increases in housing prices and construction costs limit people’s possibility of owning a larger house, thus supporting the evolution of the rental market, per an analysis by real estate consulting firm Colliers.

Smaller-sized retail parks located in tertiary cities are set to gain more ground over the next decade to the detriment of large shopping malls, an analysis by Colliers showed.

Demand for technical due diligence services has grown in recent years, as financial institutions, investors and real estate owners pay more attention to risk analysis regarding the purchase and sale of real estate assets, consultancy company Colliers said Tuesday.

Real estate developers delivered some 142,400 square meters of new modern retail spaces in 2020, little over half of the estimates before the Covid-19 pandemic, of approximately 250,000 sqm, because the pandemic triggered delays in construction and lease activities and prompted companies to have a more cautious approach, per a Colliers report on the market evolution in 2020.

“The pandemic year” was one of the peaks of the current economic cycle regarding investments in commercial real estate assets, with a 37% growth versus 2019, up to nearly EUR900 million, and the market is expected to see a potential decline in 2021, because some buyers may put off investments, per a Colliers report on the real estate market in 2021.

2020 is the year that fundamentally changed the role of the office. The workplace will never be the same again, which means now is the time to transform it and make it better than ever. Colliers innovates and responds to current challenges and future needs in the office market with Office 360°, a complete approach […]

The logistics and industrial sector was the most dynamic real estate segment in 2020, with 72% growth in demand and nearly 784,000 square meters leases, real estate consultancy company Colliers said Tuesday.

Nearly one third of retailers had similar or higher sales in the third quarter compared with the same period in 2019 although 85% registered a drop in traffic, a survey by real estate consultancy company Colliers showed.