Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}

Romania MarketBeat

Cristina Lupascu • 4/26/2024
Romania had a robust economic growth of 2.7% in Q1, with solid perspectives for the coming period, as an overall annual rise of around 3% is expected across 2024. Inflationary pressures remain. The monetary policy rate (7%) has not seen any cuts so far, but possible shifts are anticipated by mid-year.


Q1 2024 leasing activity registered a significant 63% y-o-y increase. The vacancy rate has decreased slightly, with no new projects delivered in Q1 and expectations of a limited pipeline. There has been no significant movement in terms of rental levels in Bucharest at the beginning of 2024, with the prime headline rent in the CBD area unchanged.


Leasing activity in Q1 2024 was down compared with the same period a year ago. Fewer completions are expected this year as speculative development projects continue to slow. Prime headline rents remained stable.


The delivery of new retail projects in Romania was slower than expected during Q1, as only one scheme was completed, and the lowest recorded quarterly level since Q1 2017. Development activity will be more consistent in the coming months. Prime headline rents for shopping centres remained stable.


Current Romania MarketBeat Reports

Europa office building, Brussels
Office data

Office Marketbeat is a summary of the Romanian office property sector providing comment on recent trends as well as market data and analysis.

Download Q1 2024

loading bay, Vienna, Austria
Industrial data

Industrial Marketbeat is a summary of the Romania industrial property sector providing comment on recent trends as well as market data and analysis.

Download Q1 2024

Nice, France
Retail data

Retail Marketbeat is a summary of the Romanian retail property sector providing comment on recent trends as well as market data and analysis.

Download Q1 2024

Investment data

Investment Marketbeat is a summary of the Romanian investment sector providing comment on recent trends as well as market data and analysis.


More Insights

AU Economic Budget Update banner
Insights • Economy

Economic Budget Update

In announcing the 2024/25 Budget, the Federal government is attempting to provide some cost-of-living relief for households while maintaining a path of disinflation.
Sean Ellison • 5/15/2024
Insights • Sustainability / ESG

Hiking Sustainability via Walkable Cities

The report examines how urban planning plays an important role in responding to lifestyle changes and climate change and promotes workable transformation in terms of the 15-minute city concept, balanced urban public space, transit-oriented development (TOD), ecological solutions, net-zero buildings and other approaches to bring about beneficial change and the creation of a sustainable urban environment.
Shaun Brodie • 11/13/2023


Get in touch with one of our professionals.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All