Romania Real Estate Tenders

Booming Market: Romania's real estate market is thriving, expected to reach $1.13 trillion in 2023 and $1.27 trillion by 2028.
Affordable: Compared to other European markets, Romania offers affordable options. Cluj-Napoca is the most expensive city, with an average price of €2,363 per sqm.
Growing Rents: Prime rents in Bucharest and industrial hubs are rising, expected to reach €4.25 - €4.65 / sq m / month.
Strong Recovery: The market has shown remarkable resilience after the pandemic and global challenges, attracting significant investment.

Government Procurement: The Romanian government actively procures real estate products and services.
Investment Volume: In the first half of 2023, investment amounted to €183.8 million, with the largest deal secured in Q1.
Development Land: Around 72 hectares of development land were transacted in the same period, with a focus on Bucharest and Ilfov County.

Main Real Estate Products and Services Procured
Top Products: The government primarily procures office space, followed by residential properties, development land, and logistics facilities.
Services: Real estate management, construction, renovation, and consulting services are also in high demand.

Top Authorities for Real Estate Procurement
Central Authority: The National Public Procurement Agency (ANAP) oversees government procurement in Romania.
Other Authorities: Specific ministries and agencies handle procurements within their respective sectors, such as the Ministry of Regional Development and Public Administration.

Top Winners of Real Estate Procurement
Leading Companies: Major winners of government contracts include real estate developers, construction companies, and property management firms.
Transparency: Information on procurement winners is publicly available through ANAP's website.

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