Real estate transactions on the Romanian market are expected to exceed €1bn this year, according to the latest report by JLL. Two of the biggest deals, totaling €250m, to close this year include Europolis Park and the the Promenada commercial center. Both are located in Bucharest. Promenada was sold to NEPI, while Europolis Park went to P3. While the Czech Republic and Poland are becoming saturated, the Romanian industrial market has started rebounding thanks to its low asking and rental prices, according to JLL.
