Romanian economy, more resilient than initial forecasts A -12.2 q/q economic decline was recorded in Q2 2020 followed by the first steps towards recovery in Q3, when a 5.8% q/q growth was noted. Retail sales recorded a surprising 2.1% y-o-y [...]
Romania recorded a solid 5.0% GDP growth during Q1 2019, the second highest in the European Union, with retail sales being one of the main contributors to this growth. In H1 2019, the total volume invested in commercial property in [...]
Romania recorded a 4.0% GDP growth in Q1 2018, with industrial production and local consumption having the largest contribution; In H1 2018, the total volume invested in commercial property in Romania reached € 386 million; Bucharest attracted 93% from the total [...]
• The Romanian economy accelerated in H1 2017, reporting a 5.8% GDP growth, the highest among EU countries. • In H1 2017, the total volume invested in commercial property in Romania reached € 530 million, compared to € 370 million [...]
• The Romanian economy accelerated in 2016, reporting a 4.8% GDP growth driven by local consumption, manufacturing and IT services. The result represents the highest GDP growth in Romania since 2008 and the highest GDP growth in CEE in [...]
Trends for the Market in 2017 Risk and volatility will be with us throughout 2017 but real estate should still have the wind at its back, at least for the best assets and locations. Across Western Europe, we expect prime [...]
Throughout H1 2016 the Romanian economy has maintained the strong momentum carried over from last year, recording the highest increases in GDP growth in the European Union. Sustained by monetary and fiscal easing, Romania’s GDP grew by 5.2% y/y. [...]
EXECUTIVE SUMMARY: TODAY’S MARKET Global property investment rose 0.5% in the year to June but volumes for income producing assets fell and the market has clearly paused for breath after a busy 2015. Indeed, with the scale of change underway [...]
The Romanian economy has been strong in 2015, recording one of the highest increases in the European Union. Sustained by monetary and fiscal ease, Romania’s GDP grew by 3.7%. According to the European Commission, economic growth is projected to [...]
Overview Q4 2015 GDP growth has been revised up to 0.6%, while there have also been upward revisions to growth in previous quarters, mainly due to a stronger than expected performance in the services sector. Full year growth for 2015 [...]
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