Total investment transactions in Romania’s commercial property sector stood at €62.4 million in Q3 2023, with 32% of the total volume represented by sale-and-leaseback transactions, according to a CBRE report.
The retail segment was followed by the office, industrial, and hotel properties in the transaction market.
“Romanian investors, who contributed 38% of total investments, remain the driving force of the market, laying a strong foundation for recovery,” according to the report. It added that steady prime yields compared to Q2 2023, along with a flurry of deals in advanced negotiation stages, paint a promising picture for Romania's commercial real estate market.
In the office segment, yields stand at 7.5%, while for industrial projects they amount to 7.75%, according to the report.
For the whole year, consultants forecast a total investment volume of around €600 to €700 million.
