Romanian Real Estate Market Report, 2025

Romania’s real estate market in 2025 reflects a period of adjustment shaped by economic pressures, shifting investor strategies, and evolving demand across key sectors. Investment activity remained cautious, with domestic capital gaining visibility while international investors reassessed market opportunities. At the same time, Bucharest’s office sector navigated uneven demand but is expected to benefit from new developments and gradual economic recovery. The industrial and logistics market continued its strong momentum, supported by record leasing activity and expanding infrastructure. Meanwhile, the residential sector faced slowing demand amid rising prices and fiscal changes, although limited supply is likely to keep the market relatively balanced in the coming years.

ROMANIAN INVESTMENT MARKET HIGHLIGHT

Cautious investment climate with €536M total volume; domestic investors gaining a larger role as cross-border capital declines.

BUCHAREST OFFICE MARKET HIGHLIGHT

Uneven demand and declining take-up, but expected recovery supported by new developments and gradual economic rebound.

ROMANIAN INDUSTRIAL MARKET HIGHLIGHT

Record leasing activity nearing 1M sqm driven by logistics demand; infrastructure expansion expected to support further growth.

BUCHAREST RESIDENTIAL MARKET

Rising prices and higher taxes slowed demand, while limited supply and permitting bottlenecks continue to constrain new housing delivery.

For more information, please refer to the full report.