The office market attracted a great deal of investment, Bucharest and Cluj-Napoca being the most dynamic cities, with almost 90% of the traded volume.

"The figures for the first nine months show that Romania is the most competitive country in Central and Eastern Europe. For example, in the office sector, the yield is 7%, while the value of the rents is at a level of 18.5 euros / sqm / month. Romania is attracting more and more attention of new investors, who want to enter the local market, as well as new names on the office space rental market, which makes us confident about the potential of the real estate market in 2020”, said Daniela Boca , Head of Research, CBRE Romania.

In the first nine months Romania attracted an investment volume of 585 million euros, of which 60% were in Bucharest, 29% in Cluj-Napoca and 11% in other cities. For the third quarter, the volume of investments is estimated to increase by 42%, with the possibility of reaching the threshold of 1 billion euros if the current transactions will be signed.

"The office buildings will continue to attract major investments in the next 12-18 months, considering that there are several finalized or developing products on the Romanian market, in the portfolio of some developers whose strategy is the development and rental, followed by an exit. At the same time, we are noticing an increasing interest for the industrial sector, where, for example, its products & lease back products can contribute to transactions in this sector”, said Gijs Klomp, Head of Investment Properties, CBRE Romania. (source: capital.ro)