The volume of investments in Romanian commercial real estate assets may see a dip in 2021, as some buyers may remain on the sidelines amid a lack of clarity about the future revenue stream, according to the 2021 annual report released by real estate consultancy firm Colliers.<\/p>\n\n\n\n
The firm’s consultants foresee a total volume for commercial real estate transactions of over EUR 0.5 billion (down from EUR 0.9 bln in 2020).They also see room for a slight decrease in yields by the end of the year for prime office and prime industrial if the economy, political and monetary system are satisfactory.<\/p>\n\n\n\n
Given the nature of the investment market and the fact that some deals can take years to close, it is likely that 2021 will look a bit worse, although activity will continue, Colliers concludes.<\/p>\n\n\n\n
For comparison, Romania started 2020 with some EUR 500 mln worth of big deals in the due diligence phase, while for 2021, the volume is at around EUR 150 mln.<\/strong><\/p>\n\n\n\n This is among the first warnings openly voiced in the real estate market, amid many forecasts assuming either close return to pre-crisis status or post-crisis patterns (such as more space per employee) that would increase demand. Faced with non-essential retailers shifting to online and companies keeping their employees at home while subletting their offices, the projections have turned more realistic.<\/p>\n","protected":false},"excerpt":{"rendered":" The volume of investments in Romanian commercial real estate assets may see a dip in 2021, as some buyers may remain on the sidelines amid a lack of clarity about the future revenue stream, according to the 2021 annual report […]<\/p>\n","protected":false},"author":2,"featured_media":4597,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,13],"tags":[102],"_links":{"self":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/4595"}],"collection":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4595"}],"version-history":[{"count":1,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/4595\/revisions"}],"predecessor-version":[{"id":4598,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/4595\/revisions\/4598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/media\/4597"}],"wp:attachment":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}