Romanian investors generated about 301TPTP3T of the volume of transactions made on the real estate market in 2025, accumulating investments of almost 1.8 billion euros in the last ten years, according to data contained in a specialized report cited by Agerpres.
According to consultants Collliers, during the same reporting period, total trading volume reached around €525m, almost 30% below the level in 2024, when the market reached a value of €750m.
„In 2025 the market was mainly supported by the retail and office segments. Retail was the most active, generating about 38% of the total volume. The most important transaction of the year was the sale of a retail park portfolio of around 32,000 square meters to the British fund M Core, for around €57m. Together with other acquisitions made in Focșani and Suceava, this transaction consolidated M Core's position as the largest investor of the year, with almost 29% of the total market volume. The office segment generated around 31% of the total transaction volume and brought new investors to the forefront of the Romanian market. (...) In the hotel sector, the sale of the Hilton Garden Inn Bucharest Airport, estimated at around EUR 40 million, represents the second largest hotel transaction in the history of the local market”the report says.
According to the cited source, from the perspective of yields for top properties, the Romanian market remained stable in 2025.
Thus, benchmark yields were 7.25% for dominant shopping centers, 7.5% for premium office buildings and 7.75% for prime industrial space.
„In contrast to other markets in the region, where yields have evolved differently - with slight compressions in the Czech Republic and upward adjustments in Poland - yields in Bucharest have remained constant, indicating a balance between buyers' and sellers' expectations. On the funding side, banks remain open and comfortable with current price levels and continue to support performing assets. The largest ever refinancing on the local market was also completed in 2025: more than EUR 500 million granted for the AFI Cotroceni, AFI Brasov and AFI Ploiești projects. For solid projects, financing margins are currently between 200 and 250 basis points, slightly lower than in previous years, indicating a gradual improvement in lending conditions”explain experts.
At the regional level, after two years of uncertainty, banks have been more open to financing real estate assets, especially quality assets backed by stable income streams. As a result, the six major markets in Central and Eastern Europe (Bulgaria, the Czech Republic, Poland, Romania, Slovakia and Hungary) attracted €11.6bn of investment, up 31% from a year earlier, a volume that is back closer to the pre-pandemic years when annual transactions were between €13bn and €14bn, according to Colliers„ CEE Investment Scene Q4 2025 report.
„The growth was driven mainly by Poland and the Czech Republic, both with volumes of over €4bn. Investors from the region accounted for some €64% of total transactions, while Western European capital accounted for €17% and US capital for €11%. In a global context marked by volatility and geopolitical tensions, Central and Eastern Europe is thus starting to be perceived once again as an attractive area for investment, offering a balance between competitive returns and a level of risk that is considered manageable”experts note.