BROWN & CO IS COVID-SECURE


Since February, Brown & Co have been taking every reasonable step we can to ensure all our business is conducted in a way that minimises the risk of the spread of Covid-19 to our employees, customers, clients and contractors.

We can confirm all our offices and all our employees' working practices adhere to the government's Covid-Secure standards and safer working practices. We are 'Covid Secure'.

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ROMANIA LAND MARKET - YEAR END 2019

The Romania land market continues to develop from a very low starting point. The country is now the leading exporter of Wheat and Maize from all EU countries. Productivity gains in terms of improved seed, fertiliser and crop protection plus improvements in Management/ access to capital are all driving returns. This in turn is increasing the competitiveness for land, but this is very localised. Brown&Co’s experience on the ground indicates competition can change very significantly within a short geographical radius. 

As the market develops, variability increases, both between regions and between parcel sizes and soil quality. Small, fragmented parcels have increased at 6% per annum since 2014, larger parcel sizes have increased at 23% per annum since 2014. The average is 16% annual growth since 2014. 

It is also perhaps interesting to note that the average land price (Euro 5,331) is where Poland’s land market was in 2008. Poland’s current land price (subject to quality) is Euro 10,913-13,476/ha. Whilst clearly there are a number of differences between the markets – subject to political stability and economic development – Romania presents an interesting opportunity for properly researched and managed investments. 

Read the full paper here: Click here