Gijs Klomp

Real estate investment volume parks at 120.9 million euros in Q1 2020 (CBRE Research)

The volume of real estate investment was 120.9 million euros in the first quarter of 2020, of which 85% were purchased from offices and industrial spaces, CBRE Research data show, according to a release sent on Thursday AGERPRES. On the market of office space in Bucharest, in the first quarter of 2020, a total area of about 55,000 sqm was traded, less by 50 pct than the same period of 2019.

COVID-19 impact expected to be negative on commercial real estate market short term (consultants)

The impact of COVID-19 will be negative in the short term on certain sectors of the commercial real estate market in Europe, provided that the outbreak gets under control within a reasonable time, says Anthony Selman, CBRE Head of Investment Properties Central and Eastern Europe.

Romania's 2019 real estate investments top the 1-billion euro line (survey)

Romania's real estate investments went past the 1-billion euro line in 2019, standing 7 percent higher than in 2018, shows data of the research department of the real estate consulting company CBRE Romania. Last year's roughly 1.06 billion euro worth of investments mark a five-year high on the Romanian real estate market.