Romania Records €175 Million in Real Estate Investments in Q1 2025, as CEE Market Rebounds Strongly

In the first quarter of 2025, Romania attracted €175 million in real estate investments, reflecting a slight 8% decrease compared to Q1 2024. However, this figure represents a significant recovery, considering that Q1 2024 saw volumes 2.5 times lower than this year’s opening quarter.

According to the latest Colliers report, total investment volumes across Central and Eastern Europe (CEE-6) have doubled, buoyed by a robust recovery in markets such as Czechia, Slovakia, and Bulgaria. Experts from Colliers note that a strong pipeline of ongoing transactions in Romania could potentially lift the annual volume slightly above 2024 levels.

🏢 Romania Remains a Strategic Investment Destination

Romania continues to attract investor interest due to its strategic regional location, available labor force, and significant industrial development potential. Colliers anticipates a positive shift in market trajectory during the second half of 2025, contingent on the completion of large transactions and improved alignment between sale prices and market expectations.

As the second-largest economy in CEE-6, Romania accounts for over 18% of the region’s combined GDP. Should current high-value deals reach closing, the 2025 investment volume could surpass €800 million.

📌 Key Q1 Transactions Highlight Resilient Retail Sector

Major deals in Q1 include:

• The entry of Solida Capital into the Romanian market through the landmark acquisition of Victoria Center.
• The sale of a retail portfolio by MAS REI to UK-based fund M Core.
• The sale of Shopping City Suceava by Argo Capital, also to M Core.

These two retail transactions alone generated over €100 million, meaning that retail accounted for nearly two-thirds of Romania’s total Q1 investment volume.

🌍 Regional Outlook: Industrial Sector Leads Recovery

Across the CEE region, the industrial and logistics sector reclaimed the top spot, attracting €788 million in investments—almost three times the volume seen in Q1 2024.

Investors remain encouraged by:

• Competitive labor costs in CEE, despite steady wage growth;
• The region’s strategic role in global supply chains;
• Improving, albeit still volatile, macroeconomic conditions.

Colliers analysts express cautious optimism regarding Romania’s investment prospects in 2025. Foreign capital inflows in sectors such as logistics, hospitality, and mixed-use developments could further enhance market performance.

However, realistic price adjustments, sustainable financing costs, and a stable political climate—especially after the conclusion of the presidential elections—will be critical to sustaining investor confidence.

📊 CEE-6 Investment Volume Surges 143% YoY

In total, real estate investment across the CEE-6 markets reached approximately €2.8 billion in Q1 2025, marking a 143% year-on-year increase. Czechia emerged as the regional leader, capturing 55% of total investments, followed by Poland, with a 24% share.