Romanian investors generated approximately 30% of the volume of transactions carried out on the property market in 2025, accumulating investments of nearly 1.8 billion euros over the past ten years, according to data included in a specialised report published on Tuesday.
According to Colliers consultants, over the same reference period the total transaction volume reached around 525 million euros, almost 30% below the 2024 level, when the market reached a value of 750 million euros.
'In 2025 the market was mainly supported by the retail and office segments. Retail was the most active, generating around 38% of the total volume. The most significant transaction of the year was the sale of a portfolio of retail parks totalling approximately 32,000 sq m to the British fund M Core for around 57 million euros. Together with other acquisitions completed in Focsani and Suceava, this transaction consolidated M Core's position as the largest investor of the year, with nearly 29% of the total market volume. The office segment generated around 31% of the total transaction volume and brought new investors to the Romanian market. (...) In the hotel sector, the sale of Hilton Garden Inn Bucharest Airport, estimated at approximately 40 million euros, represents the second-largest hotel transaction in the history of the local market,' the report states.
According to the same source, in terms of yields for prime properties, the Romanian market remained stable in 2025.
Thus, benchmark yields stood at 7.25% for dominant shopping centres, 7.5% for prime office buildings and 7.75% for top industrial spaces.
'Unlike other markets in the region, where yields evolved differently - with slight compression in the Czech Republic and upward adjustments in Poland - in Bucharest they remained constant, indicating a balance between sellers' and buyers' expectations. On the financing side, banks remain open and comfortable with current price levels, continuing to support performing assets. In 2025, the largest refinancing ever completed on the local market was also concluded: over 500 million euros granted for the AFI Cotroceni, AFI Brasov and AFI Ploiesti projects,' the specialists explain.
At regional level, after two years marked by uncertainty, banks were more willing to finance real estate assets, particularly high-quality ones supported by stable income streams. As a result, the six major markets in Central and Eastern Europe (Bulgaria, the Czech Republic, Poland, Romania, Slovakia and Hungary) attracted 11.6 billion euros in investments, 31% above the previous year's level. This volume is once again approaching pre-pandemic years, when annual transactions ranged between 13 billion euros and 14 billion euros, according to the Colliers report 'CEE Investment Scene Q4 2025'.
In the consultants' view, as transactions are completed and provide pricing benchmarks, the market may enter a self-sustaining recovery cycle, in which each finalised deal contributes to increased visibility and to narrowing the gap between buyers' and sellers' expectations.
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