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TransylvaniaToday.ro: Real estate investments in Romania, slightly over EUR 400 mln in H1

Autor: Claudiu.Padurean din 5 august 2018, Vizualizari: 1 133

TransylvaniaToday.ro: Real estate investments in Romania, slightly over EUR 400 mln in H1The overall investment volumes on the Romanian commercial real estate market reached EUR 404 million in the first half of this year, up 18% over the same period of 2017, according to real estate consultancy company Colliers International, quoted by Romania-Insider.com.


The EUR 1 billion level may be exceeded this year, the firm believes. The biggest transactions were concluded in Bucharest on the office and retail segments, namely the sale of Oregon Park to Lion’s Head, the first phase of the Campus 6 project bought by CA Immo, Militari Shopping Center bought by the Prime Kapital/MAS REI partnership, according to TransylvaniaToday.ro.

 

The average deal size also increased and consultants expect higher-value transactions as local investors also have more capital to invest in real estate. The office market alone could top EUR 0.5 billion this year.

 

 

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