Offices and housing for the middle class dominate the market

In the context of a heated discussion taking place lately about the local real estate market, data on the first half of 2019 show that only four transactions of over EUR 10 million were closed during this period, and over 70 percent of the total volume of EUR 340 million was generated by just two transactions: The Office in Cluj-Napoca and Prime Kapital’s portfolio of shopping centers. The first half of 2019 showed that there is liquidity in secondary cities for high-quality, ...

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