Romania's office deal-making starts with best Q1 in decade

Business Forum
Romania's office investment market recorded its strongest first quarter in a decade, with transactions totalling approximately €130 million, according to Colliers data. This represents more than triple the average for January-March periods over the past 10 years and signals renewed investor interest despite economic and geopolitical uncertainties.

Three major transactions drove the strong performance: Skanska's sale of the second Equilibrium building to funds managed by Gránit Asset Management, Atenor's disposal of the @Expo project to Equora Capital, and INNO Investments' acquisition of Record Park through the BT Property fund. These deals are notable not only for their value but also because they involve new or relatively new market entrants, indicating expansion and diversification of the active investor base.

"The start of the year offers a positive outlook for the real estate investment market and demonstrates that certain investors are betting on the resilience and growth potential of the local economy, managing to look beyond short-term uncertainties," said Robert Miklo, Head of Capital Markets at Colliers Romania. The office segment remains below historical peaks of €400-500 million per quarter but exceeds the average quarterly volume of €100 million recorded over the past decade.

Interest in office assets is supported by changing work patterns, with companies increasingly encouraging employees to return to offices for more days per week to boost collaboration and productivity. This trend contributes to restoring the segment's attractiveness among investors.

Against this strong start and a solid pipeline of transactions at various negotiation stages, prospects for 2026 remain positive. Colliers expects total real estate investment volumes could exceed the historical annual average of approximately €800 million across all market segments, even in an unpredictable global context.

RECOMMENDED
Romanian investors drive 30% of property deals in 2025
Real estate

Romanian investors drive 30% of property deals in 2025

Romanian investors became the most important source of capital on the local real estate market, generating approximately 30% of transaction volume in 2025 and accumulating nearly €1.8 billion in investments over the past decade, according to Colliers' annual report.

Bucharest office market sees 25% yearly fall of leasing demand in 2025
Real estate

Bucharest office market sees 25% yearly fall of leasing demand in 2025

Bucharest's office market recorded its first year without new project deliveries in over two decades in 2025. On this backdrop, total leasing demand fell by around 25% year-on-year to approximately 250,000 sqm, while new space take-up totalled close to 90,000 sqm, according to Colliers data.

CEE real estate investment surges 38% by Q3 2025
Real estate

CEE real estate investment surges 38% by Q3 2025

CEE recorded a 38% increase in real estate investments in the first three quarters of 2025, reaching over €7 billion across six major markets, according to Colliers' latest report.

Globalworth renews Access4you certification for entire Romanian portfolio
Real estate

Globalworth renews Access4you certification for entire Romanian portfolio

Globalworth has renewed its Access4you certification for all 16 office buildings in its Romanian portfolio, totaling almost 500,000 sqm. The recertification, conducted with consultancy services from Colliers, marks the second three-year certification cycle for the leading office investor in CEE.

RECOMMENDED FROM THE HOME PAGE
Hidroelectrica, Siemens sign power transformer deal
Energy

Hidroelectrica, Siemens sign power transformer deal

Hidroelectrica has completed the procurement procedure for seven 216 MVA, 15.75/242 kV transformers, equipment necessary for safe operation and continued modernisation of the Porțile de Fier I Hydroelectric Power Plant.

Industry

FlixBus Romania hits 300,000 domestic passengers milestone

Eight months after Romania liberalised intercounty transport, FlixBus reports over 600,000 passengers have used its national and international routes, with more than 300,000 travelling domestically between July 2025 and February 2026.

READ MORE
Business Forum  |  26 March, 2026 at 3:00 PM