The real estate investment market grew in the first half of the year, reaching EUR 336 million in Romania, approximately 13 percent above the level of the first half of last year, with transactions in the office segment representing almost 63 percent of the volume, according to the market report for the first half of 2022 of the real estate consulting company, Colliers.
The biggest transaction in the first half of the year was the acquisition by S IMMO of Portland Trust EXPO Business Park, a newly developed office project in the northern part of Bucharest, for over EUR 110 million.
Offices remained the most dynamic asset class, attracting transactions worth 63 percent of the total volume in the first half of 2022, retail generated approximately 16 percent of turnover and I&L – 14 percent. Hotels have a small contribution, the rest of the transactions completing the top up to 100 percent.
