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Romania Market Update 2024

Romania has benefitted from a strong economic growth in the last decade, significantly reducing the gap in relation with the European Union average (especially after joining NATO and the EU in 2004 and 2007 respectively).

A GDP per capita of €16,800 has been recorded in 2023 (corresponding to a gross total of more than €321 billion), an increase of 138% compared with 2012.

OTHER INSIGHTS

European Outlook 2026

Optimism Returns to European Commercial Real Estate As Europe enters 2026, the commercial real estate market is moving from resilience to cautious optimism. Stabilising inflation, easing monetary po...

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CEE Office MarketBeat Report Q3 2025

Leasing Activity: Gross take-up in major CEE markets exceeded 624,500 sq m in Q3, with YTD volumes at 1.7 million sq m (just 6% below 2024). Prague led with 429,100 sq m YTD, Budapest posted 315,000 ...

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CEE Retail MarketBeat Report Q3 2025

Demand: Tenant demand remained robust, led by fashion, mixed goods, and F&B operators. Expansion was strongest in retail parks and established shopping destinations, with retailers focusing on fo...

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