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Articles - constructii

The construction sector started 2025 with its engines revving, but faces the risk of a significant slowdown in the second half of the year

The construction sector began the year on a strong note, with an 8.5% increase in the first four months compared to the same period in 2024, according to data analysed by Colliers. Infrastructure works led the way with a 15.5% jump, while the residential segment recorded a modest recovery of around 4%. In contrast, non-residential construction, including office, industrial and commercial spaces, declined by nearly 2%, reflecting subdued demand and increased caution among private investors. Optimism among construction companies, as measured by Eurostat surveys, is currently at a 3-year low, but the level itself is quite far from the pessimism seen during the initial phase of the pandemic or during past recessions seen in Romania. This suggests that based on the intel that they have, market participants only see a slight slowdown on the horizon, not a significant crash.

Labor and construction costs, the main challenges for real estate developers in Romania and Central Europe

Construction labor cost and availability become the main concern of real estate developers in Central Europe in 2025 (26%), surpassing project financing, the dominant issue in recent years, followed by construction costs (20%) and plot acquisition for future developments (18%), according to Deloitte 2025 Real Estate Confidence Survey for Central Europe, conducted in several countries in the region, including Romania. On the other hand, almost 60% of participants in the study expect an increase in the value of real estate transactions in the near future, with the level of optimism ranging from 64% in the Czech Republic to 24% in Romania.

Increasing construction costs, the biggest challenge of 2022 for real estate companies in Romania and other countries in the region

The increase in construction costs represents the biggest challenge of 2022 for 90% of the real estate companies in Romania and in other countries in this region of Europe, according to the Deloitte Real Estate Confidence Survey for Central Europe 2022, conducted in the second quarter of this year in Romania, Poland, the Czech Republic and Hungary.

Construction sites are working at a normal pace during this period

Colliers International has monitored construction works, from foundation to delivery, for projects with almost 750,000 square meters in the last 5 years, of which three quarters in the industrial area, almost 20% in the office area and 5% in the residential area.

Ongoing investments: CBRE manages construction and fit-out projects of over 80 million euros

While the current situation imposed by the COVID-19 pandemic has delayed various investments, CBRE’s Building Consultancy team, leader in the real estate consultancy market, continues to manage ongoing projects of over 80 million euro invested in the medical, production and IT&C fields in different areas of Romania.

One United Properties gets building permit for One Cotroceni Park

One United Properties obtained the building permit for the first phase of One Cotroceni Park, an 80,000 sqm Gross Lettable Area (GLA) business park.

BRISK GROUP – WE ARE ONE STEP AHEAD

2019 has come with some important changes for us. We have a new brand positioning, a new logo and a new website to share with you.

Constructors in Romania warn the government: the construction market crisis could lead to economy recession

Representatives of the Federation of Construction Companies Employers (FPSC) warn that the current construction crisis could throw the economy into recession and ask the government for tax subsidies and facilities to raise workers' wages in construction and halt the exodus of employees abroad, as well as a minimum salary of 500 euros, and total tax of 20%, reduced from about 45% today.

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