Romania Real Estate Market Report

The thriving in the recent years Romanian real estate market, mainly propelled by foreign investment, strong demand and high yields, took in the opposite direction in the beginning of 2009 under the combined effect of the global crisis and the Romanian central bank's restrictive lending rules.

The real estate market, backed by the 39.75% growth of the construction sector, was among the major drivers of the local economy in the first nine months of 2008.

In 2007 investment in real estates in Bucharest, the capital of Romania, stood at EUR 2.5 bln.

Romania's real estate market continued to develop actively in 2006 on the back of rising foreign investments, strong demand and high yields. Experts estimated the annual real estate market growth at around 25% for 2005, fuelled by the forthcoming EU accession in 2007.

Contents

ROMANIA REAL ESTATE MARKET REPORT COVERS:

• Industry Overview
• History & Geography
• Major Developments
  - Regulations
• Leading Companies
• Employment
• Supply
  - Residential Real Estate
  - Office Real Estate
  - Retail Real Estate
  - Industrial Real Estate
  - Land Market
• Demand
  - Residential Real Estate
  - Office Real Estate
  - Retail Real Estate
  - Industrial Real Estate
  - Land Market
• Investments
  - Foreign Direct Investment
  - Companies
  - Residential Real Estate
  - Office Real Estate
  - Retail Real Estate
  - Industrial Real Estate
• Associated industries & factors
  - Construction
  - Tourism
  - Bank loans
• Projections & expectations
  - Residential Real Estate
  - Office Real Estate
  - Retail Real Estate
  - Industrial Real Estate
  - Land Market
• Industry references

LIST OF TABLES:

• Main Macroeconomic Indicators
• Gross Domestic Product
• Gross Value Added
• Developers Investors & Business Centers Turnover
• Agencies Turnover
• Services Turnover
• Average Number of Employees Under Labour Contract
• Average Gross Monthly Salary
• New projects Launched in H1 2007
• Number of Completed Homes
• Number of Issued Building Permits
• Issued Building Permits (sq m)
• Number of Completed Dwellings
• Forecast for Office Supply in Bucharest
• Office Spaces to be Delivered in H1 2008
• Major Office Buildings - 2007
• Major Office Buildings Under Construction, 2007 - 2009f
• Major Office Transactions – 2007
• Major Investment Transactions – 2007
• Bucharest Retail Area
• Romanian Retail Segment in 2008
• Shopping Centres to be Delivered in 2008
• Planned Shopping Centres Projects in Bucharest
• Existing Shopping Centres in Romania at end-2007
• Industrial Spaces Delivered in 2007
• Major Warehouse Buildings Completed in Bucharest
• Residential Projects To Be Completed in 2008
• Residential Projects To Be Completed in 2009
• Average Home Prices in Bucharest in H1 2006
• Forecast for Office Take-up
• Forecast for Rent Prices
• Transactions on the Bucharest Office Segment in Q1 2009 by Area
• Bucharest Office Market Rents in Q1 2009
• Office Buildings To Be Completed in 2008
• Office Buildings To Be Completed in 2009
• Offices To Be Completed by Q4 2009
• Office Market Overview
• Office Rents in Q1 2008
• Prime Office Rents
• Prime Office Yields
• Shopping Centre Projects
• Retail Rents in Q1 2009
• Retail Rents in Q4 2008
• Retail Rents in Q1 2008
• Prime Retail Rents
• Prime Retail Yields
• Major Warehouse Letting Transactions
• Rents for Industrial Space in Bucharest
• Retail Rents
• Land Prices for Prime Locations in Bucharest
• Top 10 transactions in 2007
• Major Investment Transactions in Bucharest
• Planned Residential Developments in Bucharest
• Office Buildings To Be Completed
• Selected Retail Developments in Bucharest
• Selected Industrial Projects in Bucharest
• Volume of New Construction Orders
• Foreign Tourist Arrivals by Country
• Taxes and Fees
• Yield evolution
• Pipeline Projects Forecast
• Total vs. New Stock
• Retail Pipeline in 2009
• Shopping centers to be delivered in 2008 Skip to top