A notable transaction contributing to this figure was M Core's acquisition of Suceava Shopping City and a portfolio of seven retail parks, totaling €105 million.

Lebanon emerged as the second-largest investor, accounting for 19% of the market share. A company from Lebanon invested approximately €30 million in an office building within Bucharest's Victoria Center.

Romanian investors ranked third, securing 9% of the investment share. Local acquisitions included the Winmarkt Someș shopping centre in Cluj-Napoca and the Hotel Balada Saturn, amounting to €14.4 million.

"In 2025, investor interest in retail parks remains high and the hotel sector is showing promising development. In addition, a major transaction involving a portfolio of industrial parks is nearing completion and has the potential to significantly increase the total investment volume this year. In the office segment, although the time to complete transactions has been extended, the current context is creating opportunities for premium assets, well positioned and with high occupancy rates, which continue to attract investors' attention,” says Nicolae Ciobanu, Managing Partner - Head of Advisory at Fortim Trusted Advisors. 

In 2024, Belgian investors held the leading position in the local market, followed by Czech and domestic companies.