This accounts for one-fifth of all transactions during this period and represents a ninefold increase compared to the preceding decade, according to data from Colliers.
Office buildings have been the most appealing asset class for Romanian capital, representing two-thirds of the total investment volume over the last decade. Retail properties followed at around 15%, and hotels at 7%.
During H1 2025, property investments exceeded €400 million, slightly below the previous year's level but consistent with the post-pandemic semi-annual average.
Robert Miklo, Partner | Head of Capital Markets Romania at Colliers, said: "While foreign investors dominated the market between 2005 and 2014, over the last decade, Romanian investors have come to account for the largest individual share of total real estate transactions.”
The retail sector was the most active in H1 2025, generating over 40% of the total transaction volume.
Colliers consultants anticipate the total investment volume could surpass €800-900 million by year-end, potentially making 2025 one of the strongest years for local investments in recent decades if key transactions are finalized.
