The first quarter of the year was quite active in terms of transactions, with 74% of volume as well as the largest deal year-to-date being secured at the beginning of the year.
After five consecutive years when real estate properties located in the Bucharest area topped the investment volume recorded in the first part of the year, attracting more than half and even the great majority (98% in H1 2020), in H1 2023 the investment volume was directed at the regional level.
With a share of 61% of total volume, assets from regional cities proved to be attractive for investors, a larger share being recorded in H1 2017 (80% of the total amount). The YTD average ticket size stands around EUR 12.3 mln., 47% lower compared with the value registered in H1 2022. In terms of property main use, industrial and o????ice properties claimed similar shares from the total volume, respectively 33% and 29%, closely followed by retail with 21% and hotels with 17%.
