Overview

Romania's economy exited recession during 2011, though GDP growth stalled in the last quarter of the year. With austerity measures taking effect across Europe, the country's ability to sell exports to the west will be constricted, limiting growth to just 1.5 percent. Despite these mixed signals, the property sector hasn't shut down with a whimper as some had predicted, and the decrease in new supply is resulting in falling levels of vacancy in offices and logistics parks across the country. There may be fewer projects underway than there were four years ago, but the quality of those now underway is far higher than it once was. The fact is, there are developers and even retailers with the courage to move forward, believing their projects will eventually find investors with the same foresight and daring. It's precisely these projects and market players that CEDER will concentrate on as it takes a look to the future that property developers are creating today.

CEDER Real Estate Conference for Romania 2012
will be held on June 6th 2012 at the InterContinental Hotel in Bucharest, Romania.