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News from real estate market

Under inflationary pressure, the office market has stagnated

Under inflationary pressure, the office market has stagnated

In 2022, the office market went through a period of stagnation. Demand values remained at the same level as in 2021, while deliveries of new space halved compared to 2021.  Total demand for office sp...

1 min
Demand and deliveries of industrial spaces maintain upward trend

Demand and deliveries of industrial spaces maintain upward trend

The Romanian industrial market is going through a period of significant growth and development. With record volumes and a steady upward trend, the market is attracting investors from all over the worl...

1 min
European underperforming loans rise to their highest ever recorded level

European underperforming loans rise to their highest ever recorded level

JLL’s newest report highlights that whilst the average European NPL ratio fell to 1.8% as at the end of Q2 2022, Stage 2 underperforming loans increased to almost 1 in 10 – the highest level ever reco...

1 min
The volume of real estate investment reached €1.25 billion in 2022, a record level after the 2008 economic crisis

The volume of real estate investment reached €1.25 billion in 2022, a record level after the 2008 economic crisis

The volume of real estate investment reached €1.25 billion in 2022, a record level after the 2008 economic crisis, while at European level we see significant declines During 2022, the transaction vol...

2 min
PROFI, one of the largest tenants of CTPark Bucharest West, expands its warehouse space to 67,000 sqm

PROFI, one of the largest tenants of CTPark Bucharest West, expands its warehouse space to 67,000 sqm

PROFI operates three types of warehouses in CTPark Bucharest West: ambient and temperature-controlled for chilled and frozen products Bucharest, 27 December 2022 - CTP, the largest developer and mana...

3 min
PROFI and Logicor Romania sign extension lease agreement for c.52,000 sqm at Logicor Ploiesti logistics park

PROFI and Logicor Romania sign extension lease agreement for c.52,000 sqm at Logicor Ploiesti logistics park

PROFI, the Romanian modern retail network with the widest geographical coverage in the country, strengthens the long-term partnership with Logicor, a leading owner and manager of logistics real estate...

1 min
The residential market matured since the 2008–2009 crisis

The residential market matured since the 2008–2009 crisis

The credit crunch will accelerate the rental market The availability of finance is the main driver of the residential market. Under the impact of high inflation, bank lending is undergoing a period o...

3 min
JLL advised Euroest Car in a 9,500 sqm lease transaction with CTP

JLL advised Euroest Car in a 9,500 sqm lease transaction with CTP

JLL Romania advised Euroest Car, a company specialized in the import and distribution of original car parts, in leasing 9,500 sqm in CTPark Bucharest Chitila, a class A industrial park owned by CTP Ro...

1 min

News

The real estate market after a year of pandemic

JLL gave a retrospective of what the last 12 months have meant for the Romanian real estate market, focusing on how the health crisis has reshaped the business approach of those in this industry and t...

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