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In Romania, you can access any of our following lines of expertise.

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Latest Market Reports

  • The year-to-date new office completion volume as of Q3 2023 has reached 408,000 sq m in CEE-5 capitals, 707,000 sq m in total CEE (including Baltics-3 and SEE-4). There is 1.56 million sq m under construction in the region (total CEE) with a peculiar shift towards the smaller markets. Vacancy slightly edged up in all markets, remained stable in Prague and declined notably in Warsaw. Office demand has somewhat picked up in Q3 with quarterly take-up increasing by 3% q/q. Office rental changes indicate a widening gap between prime and secondary stock – although there has been a general upward correction in average rents in a number of markets in Q3.

  • The CEE (including CEE core 5, SEE, and Baltics) real estate market recorded a marginal quarter-on-quarter increase of only 3%. Moreover, the annual trend marks a slowdown of 42%. Out of 1.6B EUR, the CEE-5 countries represented 85% of the investment volume, SEE 11% & Baltics region 5%.