Romanian home sales stagnate as Bucharest market declines

09
Oct
2025
News - Romanian home sales stagnate as Bucharest market declines #Andrei Sârbu #Brașov #Bucharest #Cluj #Constanța #Ilfov #Residential #Romania #SVN Romania #Timiș #VAT

by Property Forum | Residential

Over 119,500 residential units were sold in Romania in the first nine months of 2025, a similar level with that recorded in the same period of 2024 (down only 0.3%), according to a market analysis by SVN Romania and based on official statistics of the National Agency for Cadastre and Land Registration.


About 41,500 residential units were sold in Bucharest and Ilfov, down 3.4% compared to the first nine months of 2024. This result is an improvement compared to the 7.9% decrease registered after the first half of this year. Home sales registered in Bucharest decreased by 4.4% in the first three quarters of this year, while in Ilfov county was registered an increase of 2.2% in terms of residential units sold in the first nine months of 2025.

This result was recorded against a backdrop of declining home deliveries in the Bucharest – Ilfov region. There was a 3% decrease in the number of homes delivered during the first half of this year compared to the same period in 2024. The number of completed homes during this timeframe represents the lowest level observed over the past five years.

The sales peak registered in July, determined by the announced elimination of the VAT facilities for the purchase of new homes, positively influenced the total number of residential sales recorded in 2025. August also brought home sales increases. "The local residential market has once again proven its resilience and solid fundamentals, with the Q1 – Q3 results being very good considering all the negative elements that influenced homes sales," said Andrei Sârbu, CEO SVN Romania.

Constanța remained the most important regional residential market in Romania (excluding Bucharest – Ilfov region) considering the number of homes traded in the first nine months of 2025, with an increase of 17.4%. Cluj county came second, with an increase of 6.6%, followed by Timiș, with a decrease of 14.2% and Brașov, with a decrease of 8.5%.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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