Fall in the yields of Romania's property market looming, analysts say

Erste Group analysts warn of a possible fall in the yields of Romania's property market, informs an Erste Group report on the property market in Central and Eastern Europe (CEE).According to the document, the building vacancy rate in Bucharest is still high (around 20 pct), and rents have not yet recovered to their former levels. 'The recovery of the Romanian economy has not yet picked up speed. However, the country has made some notable progress in reducing public spending and the ...

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