November 23, 2017

Real Estate Investors Stay Aside Until Economy Picks Up

Blake Horsley is the head of the investment and office department of Colliers International real estate consultancy. According to Horsley, Romania must tell a nice economic story to regain its appeal in the eyes of major real estate investors, who have forgotten all about Romania despite the significant price adjustment. He also says that the high price paid by the developers that bought land in 2006-2008 could be “amortized” only by completing some low-cost constructions.

Source of the news: Ziarul Financiar (Read More)

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