The real estate investment volume on the Romanian market increased significantly in the first half of the year, hitting €432m, according to the latest figures by JLL. Andrei Vacaru, head of research and consultancy at JLL, predicts more big deals are on the way this year thanks to increased investor interest in premium properties. The office sector saw the most activity, representing 62 percent of the total transactions posted during the first six months of the year. Moreover, the number of banks providing project funding has also increased. JLL says this is a turning point for the country’s real estate market, predicting that the Romanian economy will continue growing in 2015.
