Bucharest's office market is experiencing a major shift, marked by limited supply and increasing rental costs for prime spaces, according to a report by Colliers.
More Romanians are looking to rent homes over higher prices and tighter lending conditions, shows a recent survey by Unlock Market Research for Colliers.
VGP registered €45.6 million worth of signed and renewed lease agreements during H1 '24, bringing total committed annualised rental income to €384.7 million.
Austria remains the most expensive country, with €4,920/sqm in 2023, followed by Germany (€4,700/sqm), France €(4,538/sqm).
The leasing volume of industrial and logistics spaces in Romania amounted to 410,500 sqm during H1 2024, down by 25% versus the same period of last year, with close to half of the total take-up recorded in Bucharest region, according to a Cushman & Wakefield Echinox report.
13% of Romanians aged between 18 and 55 in urban areas are renters and around 18% share a home they do not own with parents
A new study reveals that Romanian entrepreneurs are navigating a delicate balance between optimism and concern as they face an increasingly unstable global economy.
Romcim, a CRH company, has further solidified its position in the Romanian construction industry by acquiring two concrete production facilities from BCC Agregate Betoane.
7X Partners, a private equity investment company, has acquired a 40% stake in Leventer Medical Group, a centre for dermato-oncology based in Bucharest.
Fil Rouge Capital (FRC) has announced the launch of its latest €60 million venture capital fund (FRC3) and is officially expanding its operations into Romania.
Bucharest is poised for a significant expansion in its data centre capacity, with projections indicating a rise from the current 20 MW to 50 MW within the next two years.