Throughout 2015 gross take-up in the main regional cities amounted ~70,000 sq. m, being higher by 25% when compared with 2014. Net take-up represented 90%, with approximately 60,000 sq. m transacted and was divided between new demand (80%) and [...]
The Romanian real estate market has demonstrated solid signs of improvement in the last two years. Sustained by a stable macroeconomic and political environment, the local real estate market has flourished on all segments, including the residential sector. The [...]
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 [...]
At the end of 2015, Romania’s modern stock of industrial and logistics spaces exceeded 2 million sq. m. Bucharest accounts for 47%, with a stock of 960,000 sq. m. Outside Bucharest, the largest markets in terms of stock are [...]
Throughout 2015 Bucharest’s modern office stock increased by 4%. At the end of Q4, existing class A and B office space exceeds 2.25 million sq. m. Overall, 7 office buildings were delivered last year, having a total GLA of [...]
In Bucharest throughout 2015 the land market activity for commercial development was strong. A wide range of investors were active in acquiring land plots suitable for a wide diversity of commercial developments. DTZ Research tracked over 15 relevant transactions [...]
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 [...]
Overview According to the Office for National Statistics (ONS), the volume of retail sales in the UK grew by 5.2% year-on-year in January 2016, representing the fastest growth in over two years. Trading conditions have been boosted by an improving [...]
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 [...]
Overview According to the Office for National Statistics (ONS), the volume of retail sales in the UK grew by 5.2% year-on-year in January 2016, representing the fastest growth in over two years. Trading conditions have been boosted by an improving [...]
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