Why invest in Bucharest? (Capital city) • High unsatisfied demand for residential properties;(estimates of 300,000 units in demand and only 1,800 units delivered in 2007). • Local migration to Bucharest for the better-paid jobs (adds more pressure to the residential/rental demand). • Major Multinationals (Microsoft, IKEA,etc) establish headquarters in Bucharest (creates a demand for business rental). • Prices on new build are still cheaper than the old communist fla... |