Real estate investments in Romania reach EUR 410 million in H1 2019

The investment volume in H1 2019 amounted to almost EUR 410 million, a 6 percent increase compared to the similar period of last year, when the figure for investment transactions was EUR 386 million, according to Cushman & Wakefield Echinox calculations, quoted by Business-Review.eu.

At the Central and Eastern European (CEE) level, which includes Poland, the Czech Republic, Slovakia, Hungary, Romania and Bulgaria, the Romanian market attracted around 10 percent of the total investment volume of EUR 4.1 billion.

The Czech Republic ranked first with EUR 1.9 billion, (a share of 45 percent), surpassing Poland, the country where an investment volume of about EUR 1.3 billion (31 percent) was recorded. Romania ranked third, surpassing Hungary (7 percent), Slovakia (5 percent) and Bulgaria (2 percent).

At the local level, the office sector was again the most active, with a share of 53 percent of the total volume, followed by retail (28 percent), while the industrial and logistics sector had a share of 18 percent. As for geographical distribution, Bucharest attracted 40 percent of the total real estate investments in Romania, followed by Cluj-Napoca with 32 percent, while the rest of the transactions were concluded in several other cities.

Read more HERE

Comments

comments

Leave a Reply

Your email address will not be published. Required fields are marked *

1 × 1 =