COLLIERS INTERNATIONAL ROMANIA RESEARCH & FORECAST REPORT | 2019

Laurentiu Lazar

Managing Partner & Head of Investment

Colliers International Romania

Colliers International is a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors–office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure.

It’s been said that “The future rewards those who press on”. That’s why, first of all, I want to thank you for taking your time to browse through our annual report, probably the most comprehensive research material about the real estate market . We hope it will bring you fresh useful information and help you when you are thinking about the Romanian real estate market, either out of curiosity or because you’ve already invested here (or are planning to do this soon). 

We at Colliers firmly believe that Romania is on a one-way road to progress, with no way back, that the local businesses have taken destiny into their own hands and they can take care of themselves. Still, if I were to describe in a few words what 2019 looks like, I would say that we are caught up in a balancing act between some short-term risks and real long-term opportunities, which you will discover in the pages that follow. Many of the people whom I spoke with about last year were saying that it was a good year and they were confident about 2019; if they were to have one wish fulfilled, that would be predictability. 

Romania direly needs an educational system adapted to today’s demands and which can successfully face future challenges, the country’s infrastructure needs a major upgrade, while the health system should become truly viable. Addressing these three elements would directly help solve two major issues: the external migration process and cutting back the living standards discrepancies between various social classes and between different areas of Romania. 

We place great value on education, which is the only ingredient that can truly change Romania for the better. This is the reason why we chose to support it both within our company and externally and I urge you to do the same. Those of you who are active in the real estate market, I hope you adhere to our conviction about the importance of education and I look forward to you joining us in making the market more professional, more respected and “cleaner”. I would very much hope that we can prove Dr. Wayne W. Dyer right when he said that “when given the choice between being right or being kind, choose kind.” 

I wish for us to continue to walk alongside you, to become stronger and better together, to remain passionate about what we do each and every day and, why not, to remain cheerful. 

And as Barack Obama once said: “The future rewards those who press on. I don’t have time to feel sorry. 

I don’t have time to complain. I’m going to press on”.  

Best wishes, 

Laurentiu Lazar

http://www.colliers.com/en-gb/romania