Investors’ interest in Romania's real estate, at a peak since 2008
The investors’ interest in Romania’s real estate market has reached the highest level since 2008, according to consultancy Jones Lang LaSalle (JLL).
Despite the favorable macroeconomic environment, Romania still posts higher yields by at least 1.5% compared to the markets in the Czech Republic or Poland.
The increased interest in the Romanian market has started in 2014, but the tendency is even stronger now, according to JLL, reports local Economica.net. For 2015, the total local real estate investments are estimated at EUR 800 million - EUR 1 billion, with a potential of EUR 1.4 billion.
The yields amounted to 7.75% on the office and retail segment, and to 9.25% on the industrial spaces segment, in the first quarter of 2015.
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