March 3, 2012
The IntelliNews Romania Real Estate Report offers an extensive summary of the most recent topics related to the Romanian construction market, segmented into residential, office, industrial and retail space. It includes a complete coverage of the latest market developments and news, accompanied by thorough statistics and comments.
The report pays particular attention to new development projects and investment inflows in the sector. This sector report is ideal to keep you abreast on recent company and industry news. Written by local professionals, it is a unique market and business intelligence analysis, tailored to save time by providing in-depth information, while helping you to make confident and informed business decisions. http://www.bharatbook.com/market-research-reports/real-estate-market-research-report/intellinews-romania-real-estate-report.html
The credit crunch in late 2008 put an end to exuberant expansion of real estate developers and further investments will hopefully reflect the lessons learned after two years of reflections. In the meanwhile, the developers struggle to settle their contracts with banks, customers and constructors. Except for residential customers having invested own money, none of the parties are really eager to close their balances as this would mark significant losses. In brief, investments were value-added in the single sector that was not developed by the communist regime for obvious reasons: office buildings; logistic parks, much needed under a globalised economy, is another area where investments were welcome and are still needed – but this also depends on public investments in the transport infrastructure. industry reports
The vast amount of industrial and residential stock made additional investments unnecessary; consequently, the investments in the residential sector were stopped immediately after the credit crunch revealed the magnitude of exuberance in this particular area. The upgrade of old residential buildings is the next logical step for the construction companies wanting to address this segment. In the industrial segment, the stock of properties has actually decreased as industrial sectors were significantly downsized. As for the retail segment, the story is mixed: while delivering certain public utility it also missed a great opportunity and investments resulted in much less than optimal – given the size of the investments and the market’s potential.
Table of Contents:
Logistics & Industrial
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