Colliers expects Romania’s real estate investment market to hit EUR 1 bln mark in 2024

Real estate transactions in Romania increased two and a half times in the first half of 2024 compared to the same period in 2023, to EUR 419 million, according to a Colliers report. And amid a favorable outlook, the figure is expected to hit the EUR 1 billion mark by the end of the year.

For the second year in a row, industrial and retail assets dominated trading activity, marking a significant shift from previous years when office assets were the primary focus, Colliers said. According to its consultants, environmental, social, and governance (ESG) criteria are playing an increasingly important role in the decision-making process of property investors, banks, and tenants.