The property investment market in Romania totalled €518 million in the first half of 2022, up 30.5% compared to the same period of last year, with retail and office sectors driving deals, according to real estate consultancy Crosspoint Real Estate.
In the second half of this year, the investment volume could match the result from the sector semester of 2021.
“The outlook for the remainder of the year is optimistic, taking into consideration the market performance registered in the previous years, the best example being that the total yearly investment volume remained relatively constant, even throughout the sanitary crisis,” said Ilinca Timofte, Head of Research of Crosspoint Real Estate.
The agency’s representatives add that the attractiveness of high yields, compared to the region, remains a critical factor for investors, who see these products as a refuge from inflation.
"Caution is the prime word, both among buyers and sellers, in anticipation of the crystallization of the trends that will define the investment market in the coming period," added Bogdan Gubandru, Head of Investment at Crosspoint Real Estate.
Across Europe, preliminary results suggest that the total investment volume for Q2 will reach slightly less than €60 billion. By the end of 2022, property investments on the continent will range from €267 billion to €284 billion.
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