New Market Report: Romania Real Estate Report Q3 2013
Romania's economy as a whole is forecast to grow by 1.7% in real terms during 2013, according to our Country Risk team's latest macroeconomic outlook. Underpinning our continued relative optimism for the country's Commercial Real Estate sector is growing activity in the local construction market, which expanded by an estimated 5.7% year-on-year (y-o-y) in 2012 and is set to see real growth of 4.7% in 2013. An increase in pipeline dynamism should help to re-invigorate the Commercial Real Estate sector...
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