According to Fortim Trusted Advisors data, a member of the BNP Paribas Real Estate Alliance, Belgium ranks first among the countries from which real estate investors in Romania come, in terms of total investment volume.
More specifically, during the first eight months of the year, a single Belgian investor, "WDP", acquired three properties, with a total value of 207 million euros. The second place is occupied by the Czech Republic, with a single investor, “CTP”, which completed a transaction, buying a portfolio of industrial parks in five Romanian cities for €168 million.
The number of commercial properties purchased by Romanian investors is by far the highest, with a total of 12 properties acquired, with prices ranging from €1.4 million to €44.7 million, from the beginning of this year to the end of August 2024 However, in terms of total volume, Romanians are ranked third, with a transaction value of 139 million euros.
The most important acquisition by a Romanian investor this year was the Iride office complex in the Pipera district of Bucharest, bought by Alin Niculae. Overall, commercial real estate transactions in Romania reached a value of €661 million in the first eight months of 2024, surpassing the total amount for the whole of 2023 by 20%.
The trend for the rest of 2024 is positive, while in terms of market characteristics, there is a shift in interest in office space.
