Top 10 predictions for the Romanian real estate market in 2019

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Romania has defied gravity in recent years and managed to see above-potential economic output, which also prompted the real estate industry to see some of the best results in the post-crisis period. The re-emergence of risks (both internal and external) and the slowdown trend started last year underscore the necessity to balance short-term risks, while also keeping in mind the huge untapped long-term potential that Romania displays.

 

  1. Macro outlook decent, but risks skewed to the downside;
  2. Investments can do more than tread water, but outlook is cloudy;
  3. Increased pressures from a tight labour market;
  4. Bucharest office market: build it and they will come?
  5. Industrial and logistics market set to deliver big again;
  6. As good as it gets for retail;
  7. Foggy outlook for residential;
  8. Land market to cool a bit after some excellent years;
  9. Regional cities remain in the spotlight; room to grow on all real estate segments;
  10. Political scene heating up (and boiling over?).

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Top 10 predictions for the Romanian real estate market in 2019

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Silviu Pop

Head of Research | Romania

Bucharest

Before joining Colliers mid-2017 as Head of Research for Romania, Silviu Pop worked with ING Bank for close to three years as an economist, covering macroeconomic/financial market themes for Romania, Bulgaria, Serbia and Croatia. His previous professional experience includes working almost 7 years as a financial journalist at various media outlets in Romania, including the sole business-oriented TV station in Romania, where he hosted a daily show for a period of time; during this interval,  he won a number of scholarships, including a stint with Reuters. He holds a BSc in economics at the Bucharest University of Economic Studies.

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