1、REPORTMarket OutlookConquering Peaks2023RomaniaREAL ESTATECBRE RESEARCH2CBRE RESEARCH 2023 CBRE,INC.Conquering PeaksReal Estate Market Outlook 2023|RomaniaContentsINDUSTRIALAt the end of 2022,Romanias industrial stock gathers 6.59 mln.sq m of modern spaces,as a record amount of new supply of 895,000

2、 sq m were added throughout the year.04MACROECONOMICS2022 marks the second consecutive year of positive growth for Romanias economy following the global reset experienced in 2020.01RETAILSeventeen new entries opened stores in Romania throughout 2022.The continuous addition of modern products to the

3、countrys retail stock and the well-known Romanian spending habit encouraged new companies from various industries to expand or enter the local market.05INVESTMENT2022 will be remembered as an exceptional year for the Romanian investment market,as the total investment volume exceeded the historical m

4、ilestone of EUR 1.0 bln.by more than 25%.02LANDMore than 220 hectares of development land were transacted throughout Romania during 2022.In terms of future use and what buyers plan to develop on their newly acquired plots,the development sites with industrial potential were the most accounted for 41

5、%of the overall transacted surface.06OFFICEThe total leasing activity in 2022 involved 295,300 sq m.The upward trend of transactional activity indicates a steady recovery of the leasing market and working at the office gaining a larger share in the hybrid working schedule.03MacroeconomicsBlazing New

6、 Trails4CBRE RESEARCH 2023 CBRE,INC.Conquering PeaksReal Estate Market Outlook 2023|Romania2022 marks the second consecutive year of positive growth for Romanias economy following the global reset experienced in 2020.The much-needed jumpstart recorded during the previous year,resulting in a V-shaped