This is representing 222% growth compared to the first half of 2013 and 17% compared to the total volume of 2013. 15 transactions were registered, the largest number after 2008, with an average volume of EUR 26.8 million, similar to last year.

The transactions profile was quite different as property destination, with the office segment having 58% of the total volume), property type, with prime properties generating 55% of the total volume, the buyer’s type (the developers and the institutional funds were the most active, mainly  Globalworth, owned by the businessman Ioannis Papalekas, generating 54% of the volume).

The property types varied form prime properties (such as Charles de Gaulle Plaza), to secondary assets (such as Auchan Pitesti Gavana) or distressed properties (in bankruptcy), such as Pic Pitesti and Pic Oradea.


On the background of the growing interest from the investors, the prime yield for the office segment diminished from 8.25 pct to 8 pct. The prime rent evolution was stable, of EUR 60/sq. m /month for the commercial centres, EUR 18/sq. m/month for the office spaces and EUR 3.8/sq. m/month for the industrial spaces.


"This growth of the investment volume is registered on the background of the increasing interest of the investors for prime products, mainly office and retail spaces in Bucharest. With attractive yields, with an economy in a positive evolution stage and a growing tenant request from a quarter to another there are enough arguments for other major transactions to be completed in the next 6-9 months", has declared Razvan Iorgu, the general manager of CBRE Romania. (source: