Colliers expects Romania’s construction market to face challenging 2025 after historic highs in 2023 and 2024

Romania’s construction sector reached record levels in 2023 and 2024, supported by strong private demand for certain property segments and a significant increase in public investment, from major infrastructure projects to hospitals, financed by national and European funds.

However, in the medium term, pending changes to the tax regime for construction workers, along with broader fiscal adjustments in Romania, could present challenges, according to a Colliers report on real estate market developments in the first half of the year. Moreover, delays in implementing the necessary reforms to maintain access to European funds could create further difficulties.