Romania Investment Market H1 2026: Activity is slow, but the outlook remains positive
Romania's investment market recorded €211.1 million in H1 2026, 45% below the same period last year, with only four transactions closed. Still, the entry of Star Capital Finance signals renewed appetite from regional capital heading into the second half.
Office and retail assets accounted for all activity, split 65% and 35% respectively, with an average deal size of €21.1 million. International investors drove 74% of volumes, while domestic capital accounted for the remaining 26%. Key transactions included the sale of @EXPO in Bucharest, Record Park in Cluj-Napoca, Equilibrium 2 in Bucharest, and the NEST Miercurea Ciuc & Moinesti retail portfolio, acquired by Star Capital Finance.
Prime yields held steady across sectors, with office at 7.75%, shopping centres at 7.50%+, and industrial at 8.00%, while retail yields showed signs of contracting. Prime rents remained stable in office (€22.00/sqm/month) and industrial (€4.75/sqm/month), with shopping centre rents up 6.25% year on year.
Head of Capital Markets CEE
