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News Home deliveries in Romania fall 20% in H1 2024
08
Oct
2024

Home deliveries in Romania fall 20% in H1 2024

by Property Forum
Romania’s residential market recorded around 26,000 new home completions during H1 2024, down 20% over the same period of last year, according to Colliers data. 
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News Bucharest sees high demand for private student housing
07
Nov
2023

Bucharest sees high demand for private student housing

by Property Forum
There is a high demand for private accommodation in Bucharest, offering students modern and flexible accommodation options, with the current supply covering less than half of the actual requirements, according to Colliers data.
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News Bank-financed housing purchases fall in Romania
22
Jun
2023

Bank-financed housing purchases fall in Romania

by Property Forum
The housing loan stock is now growing by only 1.2% in Romania, with the slowdown becoming noticeable starting with the second half of last year, while the number of apartment transactions fell by almost 30% in Bucharest and regional cities in the first five months of the year, according to Colliers. 
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News Resi deliveries in Romania hit record in 2022
03
May
2023

Resi deliveries in Romania hit record in 2022

by Property Forum
The residential market in Romania registered a record number of deliveries of 73,332 new homes during 2022, up 3% compared to 2021, driven by the growth in regional cities, according to a report by Colliers Romania.
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News Housing prices in Romania up 34% since 2015
29
Mar
2023

Housing prices in Romania up 34% since 2015

by Property Forum
Housing prices in Romania rose by 34% between 2015 and 2021, while the average growth in the EU was 38%, according to a report by real estate consultancy Colliers. 
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News PRS sector in Bucharest could reach 5,000 units by 2024
23
Feb
2023

PRS sector in Bucharest could reach 5,000 units by 2024

by Property Forum
The potential development of residential for rent (PRS) in Bucharest could reach 5,000 units by 2025, according to real estate consultancy Colliers Romania.
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News Resi permitting in Bucharest accelerates in Q3 2022
22
Nov
2022

Resi permitting in Bucharest accelerates in Q3 2022

by Property Forum
Authorizations of new residential developments in Bucharest were down in the first semester by one third compared with the same period of 2021 but hit a 14-year record with a permitted volume of 350,000 sqm in July alone, shows data from Colliers Romania. 
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News Fewer homes bought with bank loans in Romania
05
Sep
2022

Fewer homes bought with bank loans in Romania

by Property Forum
Transactions of apartments and houses began to decline starting from the spring of this year, as a result of high energy costs, rising construction materials and fuel prices, in addition to the rising costs associated with mortgages, according to real estate consultancy Colliers. 
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News Romanian resi investments close to €1 billion in Q1 2022
03
Aug
2022

Romanian resi investments close to €1 billion in Q1 2022

by Property Forum
The investment volumes in Romanian residential projects reached 4.6 billion lei (€933.5 million) in the first quarter of 2022, which was up 50% compared to the same period of last year, according to a report by real estate consultancy Colliers.
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News Suburban and rural residential markets gain ground in Romania
17
Nov
2021

Suburban and rural residential markets gain ground in Romania

by Property Forum
Working from anywhere and social distancing recommendations have led to a population migration trend towards quieter areas in the suburbs or in localities around big Romanian cities on the back of the ongoing health crisis, according to a report of real estate consultancy Colliers. 
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Latest news


New leases

  • Rondocarton, a supplier of packaging solutions made from cardboard and corrugated cardboard, part of the Rondo Ganahl Group, has leased 4,580 sqm in VGP Park Timișoara for storage operations.
  • Employment agency PowerJobs has joined the tenants of the Nowe Katowickie Centrum Biznesu office building. The company has leased nearly 350 sqm of space. The Katowice team of Cushman & Wakefield was responsible for guiding the tenant through the negotiation and signing of the lease.
  • Phoenix Pharma has decided to expand its existing lease at the European Logistics Fund 2 logistics park in Konotopa near Warsaw by an additional approximately 5,700 sqm. Under the new long-term agreement, the company has more than doubled its occupied space, to around 12.5 thousand sqm.

New appointments

  • MLP Group has appointed Piotr Kowalski as Head of Project Management for Poland and Romania. He will oversee all phases of construction projects in both markets, from concept through to property handover.
  • Agnieszka Niezgodzka joined Accolade as Associate Director of Asset Management. Her duties will be growing the portfolio and increasing the value of the properties.
  • Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.

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