Top Investor Countries in Romania’s Real Estate 2024
The number of commercial real estate assets purchased by Romanian investors is by far the highest in the ranking, with a total of 12 properties acquired, priced between €1.4 million and €44.7 million, from the beginning of this year until the end of August 2024. The most significant acquisition by a Romanian investor this year was the Iride office complex in the Pipera area of Bucharest, purchased by Alin Niculae.
Romanian investors have bought office buildings, hotels in smaller cities or mountain resorts, two small retail parks, and portfolios of street-level commercial spaces. However, in terms of total volume, Romanians rank third, with commercial real estate (yielding rental income) valued at €139 million.
Belgium ranks first among the countries from which real estate investors in Romania originate, in terms of total investment volume. In the first eight months of the year, a single Belgian investor, WDP, acquired three properties, totaling €207 million. The second place is held by the Czech Republic, with a single investor, CTP, who completed one transaction but at a record value for this year, purchasing a portfolio of industrial parks in five Romanian cities for €168 million.
Commercial asset transactions in Romania thus reached an estimated value of €661 million in the first eight months of 2024, surpassing the total for the entire year of 2023.
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