Resi rent prices in Romania up 8.7% in 2022

30
Jan
2023
News - Resi rent prices in Romania up 8.7% in 2022 #Bucharest #Cluj-Napoca #Daniel Crainic #rent #Romania

by Property Forum | Residential

Rent prices for apartments in major Romanian cities rose on average by 8.7% in 2022 over higher demand, according to property platform Imobiliare.ro. 


Prices will continue to grow this year due to the high inflation and changes in the taxation of rent income. 

“Cluj remains the city with the highest rents for small apartments, while the capital maintains its supremacy for large apartments. Timișoara remains the most affordable regional centre in terms of rents as well, in relation to purchasingpower versus the cost of living," explains Daniel Crainic, Marketing Director of Imobiliare.ro. 

Rent prices for studios start from €210 in Timișoara and reach €300 in Bucharest and Cluj-Napoca. For 2-room apartments prices range from €350 in Iași and Timișoara to €450 in Bucharest and Cluj-Napoca. For 3-room apartments, rents range from €400 in Timișoara to €600 in Bucharest. 

 




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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