Romania has defied gravity in recent years and managed to see above-potential economic output, which also prompted the real estate industry to see some of the best results in the post-crisis period. The re-emergence of risks (both internal and external) and the slowdown trend started last year underscore the necessity to balance short-term risks, while also keeping in mind the huge untapped long-term potential that Romania displays.
- Macro outlook decent, but risks skewed to the downside;
- Investments can do more than tread water, but outlook is cloudy;
- Increased pressures from a tight labour market;
- Bucharest office market: build it and they will come?
- Industrial and logistics market set to deliver big again;
- As good as it gets for retail;
- Foggy outlook for residential;
- Land market to cool a bit after some excellent years;
- Regional cities remain in the spotlight; room to grow on all real estate segments;
- Political scene heating up (and boiling over?).
