"Romania appears to be the next up-and-coming destination for property investors in south-eastern Europe", - writing for the MIPIM blog, industry commentator - Ilias Papageorgiadis. He explained the nation is in a strong position to attract further investment in its real estate sector.
He highlighted Romania's economic strength, pointing out it experienced healthy gross domestic product (GDP) growth in 2011 and is set to reduce its deficit to zero by 2013.Meanwhile, the country is attracting investment from global businesses and the national bank has already made a number of structural reforms, all of which may add to the appeal of Romanian property for investors.
The office market in Romania is also moving forward. Three out of the five buildings planned for the City Business Centre in Timisoara have been completed, with tenants such as IBM, PricewaterhouseCoopers and Vodafone among the firms to lease space in the finished offices.
Source: http://www.propertyshowrooms.com/romania/property/news/could-romania-become-property-investment-hotspot_311979.html