DTZ: Romaniaaa‚¬a„¢s commercial property funding gap hits USD 2 billion

Romania has an absolute funding gap of USD 2 billion, which stands for 6 percent of its invested stock, according to a recent research by DTZ. The debt funding gap stands for the difference between the existing debt balance and the debt available to replace it. The gap represents approximately 6 percent of its invested stock. By the relative funding gap, Romania ranks third, after Ireland with 19 percent and Hungary with 8 percent.

 “Much of the debt funding gap registered today has its origins in the lending activity in the boom years of the real estate market in Romania, when loans have been granted to values