Romania real estate investment surges by 189%

Romania real estate investment surges by 189%

According to real estate portal TheMoveChannel, investment in Romanian real estate surged by 189% in the first quarter of 2012.

Property Magazine International reported that 78 900 000 pounds was ploughed into the country's commercial property at the start of the year, almost a 200% increase upon the last quarter of 2011.

Mixed-use property and residential sectors saw the biggest increase in investment, while prime yields in official and retail sectors remained steady around 8,5%.

Source: http://romania.themovechannel.com/news/1ab6d977-b1df/