Real estate investments in the first quarter of 2023 exceed EUR 153 million and are 72 percent higher than the same period last year, according to an analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
The best-performing sector is the industrial sector, with approximately EUR 72 million, of which EUR 60 million in a single transaction.
“In the first three months of 2023, we observe a significant increase of 72 percent in the value of commercial properties traded, compared to the same period in 2022. However, the volume of the first quarter of 2023 is below the quarterly average recorded in 2022, a year marked of a record in real estate investments,” said Nicolae Ciobanu, Managing Partner – Head of Advisory at Fortim Trusted Advisors.
