For every type of real estate asset, BNP Paribas Real Estate – Valuation has local property experts covering your property valuation needs across Romania. Discover what the country has to offer.
As the 2nd largest market in the CEE region, Romania has long kept the attention of real estate investors, occupiers and banks. BNP Paribas Real Estate – Valuation is able to address the property valuation needs of clients for all property asset types in Romania.
The capital city of Bucharest is well connected thanks to a comprehensive transport system that includes the Bucharest metro and the Regia Autonomă de Transport București light rail. The city has sponsored several development projects to build overpasses and tunnels to connect central and northern districts to highly populated southern districts. In addition, the Bucharesti – Ploiesti Highway support facilitates logistics transport in the region.
Cluj-Napoca is the second largest office market outside of Bucharest.** Because of high demand in the city centre, the surrounding areas of Calea Turzii and Calea Baciului have seen an increase in real estate investment from the financial and IT sectors. The city also benefits from its strategic location on the first section of the Transylvanian highway, which connects Romania with Hungary. The city is also a major academic centre: Cluj-Napoca is home to one of the largest university centres in Romania and occupiers benefit from public transport systems that cover the perimeter of the city.
Timisoara was the first Romanian city to accommodate foreign investment in 1989. As a result, the city is home to a number of multinational companies. Foreign investment has increased in the past few years, which has led to various development projects, including the largest mixed use regeneration project in the country: Openville, a complex which brings together office, retail, and public spaces.
*Source: World Bank
**Source: BNPPRE Office Handbook
BNP Paribas Real Estate Valuation’s experienced local teams are equipped with local and international market knowledge to guide you in your property valuation projects across Romania. Our expertise in Romania covers all asset types: from offices and hotels, to logistics and retail.
Our real estate experts bring you an answer adapted to your needs