The investment volume in H1 2019 amounted to almost EUR 410 million, a 6 percent increase compared to the similar period of last year, when the figure for investment transactions was EUR 386 million, according to Cushman & Wakefield Echinox calculations, quoted by Business-Review.eu.
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The overall investment volumes on the Romanian commercial real estate market reached EUR 404 million in the first half of this year, up 18% over the same period of 2017, according to real estate consultancy company Colliers International, quoted by Romania-Insider.com.
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The asking prices for residential properties in Romania, both apartments and houses, increased overall with 1.4% in the second quarter of this year compared to the first quarter, says TransylvaniaToday.ro. The growth rate was similar to that recorded in the first quarter, according to real estate portal imobiliare.ro, quoted by Romania-Insider.com.
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The construction works increased by 3.6 percent in EU in July and by 3.4 percent in the Euro area, compared with the same period of 2016, according to the data published this Tuesday by the European Statistics Office (Eurostat), says Business-Review.eu.
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The price of apartments in the western Romania city of Cluj-Napoca recorded the highest national increase, of 10% in the first six months of this year, according to data from real estate portal Imobiliare.ro.
In 2015, RE/MAX Romania, part of the world leader in real estate and number one global franchise on this segment, brokered circa 300 real estate transactions with a total value of 19 million Euros. In this context, the company earned 1 million Euros worth of comissions, according to ACTMedia.
Read MorePrices of apartments for sale had a growing tendency at national level in quarter 4, 2015 compared to quarter 4, 2014, according to a study made by a real estate portal. The most significant annual growth rates of over 10%, were in Cluj-Napoca, Timisoara and Suceava, while prices went down only in Sibiu, Resita and Focsani. The national classification of the most expensive apartments is led by Cluj-Napoca, Bucharest, Timisoara and Constanta, while Resita, Targoviste, Zalau and Satu Mare are at the opposite pole, according to ActMedia.eu.
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