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December 7, 2022

Real-estate market, slight increase in transactions

In 2014, the Romanian real-estate market will have a slight increase in transactions, especially in the office segment, but much less interest for the retail, industrial and residential, according to Francesca Postolache, Director, Assurance Services, Real-Estate team leader within PwC, a press release informs.
Emerging Trends in Real Estate Europe 2014, a forecast published jointly by the Urban Land Institute (ULI) and PwC highlights that there will be significant capital available in Europe’s real estate markets during 2014 with 71 per cent of respondents believing there will be an increase in equity for refinancing or new investment this year. Although some of the equity will be domestic, significant investment is expected to continue to flow from sovereign wealth funds, especially those based in Asia. Nearly 80 per cent of respondents believe that capital from Asia Pacific will increase during 2014, with 67 per cent of respondents believing that capital from The Americas will increase this year.
The report highlights that investors are becoming increasingly comfortable with taking more risk in search of returns. One of the biggest beneficiaries of this is Dublin, which has risen dramatically in the city investment rankings, moving up from 20th in last year’s report to second in 2014.

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