Real estate investments in Romania reached 750 million euros in 2024, marking a 58% increase compared to the previous year, though slightly below the 800 million euro annual average recorded over the past decade, according to Colliers’ annual report.
Romania emerged as a regional leader, delivering the strongest performance among the five major economies of CEE – Bulgaria, Czechia, Hungary, Poland, and Slovakia. Industrial assets dominated transaction activity, totaling nearly 300 million euros, making 2024 a record year for this investment category.
The largest transactions of the year were the sales of Globalworth’s industrial portfolio. CTP acquired 270,000 square meters of leasable warehouse space and land for future expansions across multiple cities for approximately 168 million euro. Additionally, WDP purchased a 136,000-square-meter portfolio, jointly owned by Globalworth and GlobalVision, for around 110 million euro.
Furthermore, WDP acquired Expo Market Doraly, a retail park located north of Bucharest, for an estimated 90 million euro. Another notable transaction was the sale of The Landmark, a prime office complex in the central business district, to African Industries Group, backed by Indian capital.
Among other notable acquisitions last year were two retail parks purchased by BT Property, the real estate fund of Romania’s largest bank. Additionally, Mureș Mall in Târgu Mureș was acquired by the local medical university, with plans to transform it into an educational facility.
For 2025, the outlook is promising, with nearly 100 million euro in signed but yet-to-close transactions, including the sale of a portion of Iride Park, owned by Immofinanz, and a portfolio of retail parks belonging to MAS REI. Additionally, other deals in various stages of negotiation, totaling approximately 500 million euro, indicate a strong start to the year.