Foreign direct investment in real estate and construction sector, at EUR 6.7 billion in 2023

The overall FDI stock reached a level of EUR 118.2 billion

The real estate and construction sector attracted approximately EUR 2.2 billion of foreign direct investments (FDI) in 2023, as the share of this economic activity in the overall FDI stock stood at 17.5% at the end of 2023.

Moreover, foreign direct investments in construction and real estate transactions have more than tripled in absolute value, increasing by EUR 14.4 billion euros during the 2013 – 2023 period.

The real estate and construction sector became the second largest recipient of foreign capital in Romania, after industry (38.6% of the FDI stock) ahead of trade (17.1%) and financial intermediation and insurance (13.4%).

Even more, foreign investors are being the largest owners of real estate properties in Romania on all market segments, owning more than 70% of the total stock at national level.

The overall FDI stock continued to register significant growth in all the above-mentioned segments, as they were able to attract between EUR 1.1 and 3.5 billion in 2023.

The FDI position breakdown in greenfield enterprises in terms of the main economic activity placed construction and real estate transactions among the top three receivers, with a share of 19.4% of the total FDI in greenfield enterprises, after industry (27.4%) and trade (23.2%).

SEE ALSO | Bucharest: The occupancy costs of office spaces at 3-4% of the companies turnover

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