Romanian investors lead commercial property deals in first nine months

Business Forum
Romanian investors topped the commercial real estate acquisition rankings in the first nine months of 2025, according to a new report by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.

Domestic capital generated transactions totalling €163.5 million, representing 31.9% of the total investment market volume. The portfolio included office buildings, shopping centres, a hotel, and an industrial park, showing clear diversification in investment placements.

"Romanian capital is maturing, and more entrepreneurs are choosing real estate investments for their stability, yield, and diversification. In 2025, we are seeing active participation from local investors in the office and retail segments," said Nicolae Ciobanu, Managing Partner, Head of Advisory, at Fortim Trusted Advisors.

The largest acquisition by a Romanian investor was Pavăl Holding's purchase of the Ethos House office building in Bucharest for €24 million. Other transactions, ranging between €3 million and €20 million, targeted office and retail properties in Bucharest and regional cities, including CSDA Siriului, Pipera Business Tower, and Winmarkt Someș in Cluj-Napoca.

The UK ranked second with €156 million in transactions, all made by M Core, which purchased seven retail parks and Focșani Mall. Hungary placed third with €52 million, represented by Granit's acquisition of the Equilibrium 1 office building (20,700 sqm). The Romanian market also attracted investments from Japan, Spain, Israel, Lebanon, Cyprus, and Belgium.

RECOMMENDED
Romanian investors dominate commercial property market in 2025
Real estate

Romanian investors dominate commercial property market in 2025

Romanian investors led the commercial real estate investment market in 2025, accounting for 34% of total transaction value worth €579.4 million, according to a study by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.

West Group finalises acquisition of Bucharest resi project
Real estate

West Group finalises acquisition of Bucharest resi project

West Group has completed the acquisition of the iResidence residential project in northern Bucharest. The deal was carried out under agreed commercial conditions, with construction activity on site continuing without interruption.

Defense sector emerges as industrial market stabilizer
Real estate

Defense sector emerges as industrial market stabilizer

Nicolae Ciobanu, Managing Partner – Head of Advisory at Fortim Trusted Advisors, talked to Property Forum about the firm's growth in office leasing and land transactions, as well as the outlook on rents and the role of the defense sector in boosting industrial demand going forward.

RECOMMENDED FROM THE HOME PAGE
Industry

Foundever opens new Bucharest office, plans 140 hires

Foundever, a customer experience service provider, has opened a new office in Bucharest, marking expansion in Romania and CEE. The company plans to grow its local team to over 140 employees throughout 2026, with current capacity for 180 workstations and room for further expansion.

Industry

CNIR launches €80 million tender for express road to Otopeni Airport

The National Road Investment Company (CNIR) has submitted documentation to the National Public Procurement Agency for the tender of an Express Road connecting the A0 Bucharest North Motorway to the future Terminal 2 of Henri Coandă-Otopeni International Airport. The estimated investment value exceeds RON 400 million (€80 million).

READ MORE
Business Forum  |  19 March, 2026 at 5:00 PM
Business Forum  |  19 March, 2026 at 3:00 PM