Understanding the commercial real estate market landscape is crucial when your business is looking for new office headquarters or expanding into larger warehouse facilities. The top consulting firms in Romania play a significant role in shaping this market through their expertise and services.
In 2024, the leading real estate consulting firms in Romania collectively demonstrated robust performance. The top five firms alone generated a combined turnover of 69.5 million euros, marking a 7% increase compared to the previous year. This growth indicates a dynamic market with significant activity, relevant for businesses planning their next move.
Romania's Leading Real Estate Partners in 2024
Here's a look at the firms that led the Romanian commercial real estate market in 2024, based on turnover:
- CBRE: Maintained its position as market leader for the third consecutive year, reporting revenues of 16.9 million euros.
- Cushman & Wakefield Echinox: Showed impressive growth of 20.4%, climbing to second place with 14.8 million euros turnover. They also achieved the highest profit margin among the top players (17%).
- Colliers International: Ranked third with 14.2 million euros.
- IO Partners: Securing the fourth spot with approximately 13 million euros in turnover (representing former JLL operations).
- SVN: Known primarily for residential but included in the overall top, held fifth place with 10.4 million euros.
While focusing on the largest players, it's worth noting firms like Griffes, a boutique agency, which achieved an exceptionally high profit rate (65%) on a smaller turnover, highlighting specialized expertise in certain market segments.
Choosing the Right Partner for Your Business Needs
For businesses seeking office or warehouse space, partnering with a reputable real estate broker is a strategic decision. These leading firms offer invaluable services including market analysis, identifying suitable properties (both on-market and off-market), negotiating lease terms, and providing expert advice throughout the transaction process. Their in-depth knowledge of the Romanian market, extensive networks, and data-driven insights can significantly streamline your search and secure the best possible terms for your business location.
Understanding which firms are leading the market provides insight into who possesses the most experience and resources within the current Romanian commercial real estate environment.
Source: profit.ro