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Strong increase for Romanian real estate investment volumes

Strong increase for Romanian real estate investment volumes

June 2016

Romania’s property investment volume in the first quarter of 2016 is estimated at approximately EUR 180 million. According to JLL, it’s a very strong increase when compared to the weak Q1 2015, when only two transactions of approximately EUR 20 million were concluded.

The first three months of the year, however, witnessed a number of share deals, with owners securing their parts in different projects and a large number of portfolio transactions.

Bucharest accounted for close to 70% of the total investment volume. Market volumes were dominated by office transactions (52%), followed by industrial (32%) while retail accounted for close to 16%.

More core investors looking to secure properties with stable, long term income, in a steadily growing economy are coming to Romania as they see the opportunity to improve their returns.

“With financing conditions having improved significantly over the last year and increased appetite from banks for good product and serious sponsors, the flow of capital is encouraging. We also see interest from foreign banks looking to finance in Romania again,” says JLL.

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