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Related news

Romania’s leading real estate developers have started to consolidate their land portfolios

2024 looks to be a very good year for strategic acquisitions in the land market, given the favorable long-term outlook. Activity in the land market has slowed over the past year, but investor enthusiasm for Romania’s long-term potential remains stable. Demand for strategic land plots, which now can be secured at more interesting terms than in a highly active market, is growing, Colliers Consultants note. This trend is attracting the interest of major developers looking to strengthen their position in the property market.

Real estate investment market slowed down its activity in 2023, decreasing by more than half

The Romanian investment market recorded transactions of around 476 million euros last year, down by more than half over 2022’s cycle high of 1.25 billion euros, according to the 2023 Annual Report released by Colliers.

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