Romania’s investment market closed 2025 at just over €500 million, about 31% below the previous year, mainly due to the lack of large transactions. Q4 generated €97 million, with international capital holding a 64% share. Despite lower volumes, rents and prime yields across office, retail and industrial remained broadly stable.
Q4 2025 highlights tightening availability in Bucharest’s office market, with vacancy continuing to decline and headline rents holding steady across key submarkets. With no new completions delivered, supply pressure eased while the development pipeline expanded, supporting the next wave of office deliveries in 2026 and a more constructive outlook ahead.
Q4 2025 marks a record year for Romania’s industrial market, with gross take-up surpassing 1.2 million sqm and net take-up nearing 700,000 sqm, driven mainly by retail and 3PL demand. Vacancy remained low, while the pipeline under construction expanded significantly, pointing to continued development momentum into 2026.