Romania Investment Market Q1 2026: Office Leads the Way as Liquidity Builds
Three office transactions. €140.5 million. And a market quietly building momentum for what lies ahead. Romania's Q1 2026 investment figures reflect a measured start, but the signals beneath the surface point to a materially more liquid year.
Romania's real estate investment market recorded €140.5 million in transaction volume in Q1 2026, marking a 15% decline compared to the same period last year. Despite the slower start, three landmark office transactions — @EXPO and Equilibrium 2 in Bucharest, and Record Park in Cluj-Napoca — drove nearly all activity, with the average deal size reaching €28.1 million.
International capital continued to play a dominant role, accounting for 68% of total investment volumes — reinforcing Romania's position as a competitive real estate investment destination within the Central and Eastern European (CEE) market.
Prime yields remained stable across all asset classes. Office held at 7.75%, industrial at 8.00%, while shopping centres saw a modest compression of 25 basis points to 7.75% — reflecting sustained investor appetite in the retail segment. Prime rents in shopping centres rose 6.25% year-on-year, the strongest rental growth recorded across all sectors.
While office assets dominated Q1 deal flow, this is widely considered a reflection of timing rather than a market shift. Looking ahead, retail parks and logistics are expected to lead Romania's real estate investment activity through the remainder of 2026, supported by a strong pipeline of large transactions that signal a significantly more liquid year for the market.
Download
Download the full report
Head of Capital Markets CEE
