Investment activity in Romania’s property market totaled €98.6 million in the first quarter of this year, up 75% compared to the same period of last year, according to a report by real estate consultancy Crosspoint Real Estate.
The ongoing transactions and overall market feeling seem to point towards a healthy investment activity for the remainder of the year despite the sudden emergence of a geopolitical crisis in the region, suggested the agency.
Throughout 2021, investments rose by 13% year-on-year to €909 million, with offices holding a share of 43% of the total volume.
By contrast, investment activity on the industrial market has risen, from a 9% and 10.1% share in total investment volume in 2019 and 2020 respectively, to a 31% share in 2021. A higher investment volume was also recorded on the retail market – €174 million compared to only €27.5 million in 2020.
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