Romania's real estate investment market is potentially set for an upward trend in the latter half of 2025. This forecast from Colliers hinges on the successful closing of significant transactions and a necessary adjustment of property sale prices to better match supply and demand.
The first quarter of 2025 saw a total investment volume of 175 million euros in Romania. While this represents an 8% decrease year-on-year, it also marks a strong quarter-on-quarter increase, indicating some underlying momentum. Colliers experts note a substantial pipeline of ongoing deals that could push the total annual volume slightly above the 2024 level, potentially exceeding 800 million euros.
Factors Influencing the Market
Several factors continue to shape the market landscape. These include ongoing fiscal and political uncertainties, high financing costs, and a gap between buyer and seller price expectations. Despite these challenges, Romania maintains its appeal to investors due to its strategic geographical positioning and a skilled workforce.
Focus on Key Sectors: Office and Logistics
For businesses looking for space, the performance of specific sectors is crucial. Notable transactions in Q1 2025 included acquisitions in the office and retail sectors. Regionally, the industrial and logistics sector has been a leader, reflecting continued strong demand for warehouse and distribution facilities.
Outlook for 2025
The overall outlook for 2025 is cautiously optimistic. The potential for growth is supported by anticipated foreign capital inflows, particularly in logistics, hospitality, and mixed-use projects. However, this positive trajectory is dependent on key conditions being met: realistic price adjustments by sellers, a decrease in financing costs, and greater political predictability.
In a broader regional context, the total investment volume in the CEE-6 countries reached 2.8 billion euros in Q1 2025, showing a significant 143% increase year-on-year, suggesting improving sentiment in the wider market.
The potential market recovery in late 2025 could signal shifts in availability and pricing for office and warehouse properties. While challenges remain, the continued interest in the logistics sector and potential for increased transaction activity suggest opportunities for businesses planning their future space needs.
Source: zf.ro
