According to Open4business, the Romanian commercial property market attracted around €300 million in investment in the first half of 2026, compared with approximately €400 million in the same period last year, according to the Colliers CEE Investment Scene H1 2026 report.
Romania accounted for 5.4 per cent of total investment in the CEE-6, despite the fact that the country accounts for around 18 per cent of the combined GDP of the six economies under review. According to Colliers, this points to significant potential for further growth in the Romanian investment market.
Offices accounted for around 60 per cent of Romania’s investment volume in the first half of the year, marking the highest share for this segment since 2022. However, in the second half of the year, the market structure may change due to major transactions in retail and other types of property.
Romania continues to offer higher yields than many of the more mature markets in Central Europe. In Bucharest, the prime yield stands at around 7.5 per cent for offices, 7.75 per cent for industrial and logistics properties, and 7.25 per cent for shopping centres. By way of comparison, yields on high-quality properties in Warsaw, Prague and other more liquid capital cities in the region are at lower levels.
Colliers notes that the decline in transaction volume in the first half of the year does not necessarily indicate a deterioration in the market’s fundamentals. A number of major transactions were already in the final stages of completion after the end of June. In particular, the sale of MAS’s retail property portfolio to AFI Europe was finalised as early as the third quarter. If the transactions currently in progress are completed, Romania’s total investment volume by the end of 2026 could approach €1 billion.
This would be only the second year since 2007 that the Romanian market has reached this level, notes Robert Miklo, Head of Capital Markets at Colliers Romania. Colliers operates in more than 70 countries, employs around 28,000 professionals and has approximately $110 billion in assets under management.