Romania Investment Figures Q2 2026

Real estate investment volume reached EUR 102 mln in Romania in Q2, marking a contraction of 54% year-on-year. The quarter was dominated by retail, accounting for around 80% of total volume at approximately EUR 81 mln. Two CBRE-advised deals stood out: the NEST retail park portfolio, comprising assets in Moinesti and Miercurea Ciuc, acquired by Czech investor Star Capital Finance from RC Europe and the Winmarkt Ploiesti portfolio, divested by IGD (Italy) and secured by Dolphin Invest. Office activity contracted following an exceptional Q1, with only EUR 20 mln. recorded, namely a regional office building, after the Record Park in Cluj Napoca transaction in Q1 2026.

Nine transactions were recorded in Q2, broadly in line with the ten closed in Q2 2025, confirming market activity remains healthy. From a pricing perspective, retail yields are compressing: prime SC yields tightened by 10 bps to 7.65%, regional centres by 15 bps to 8.10%, secondary retail parks by 25 bps to 8.00% in June 2026; office and industrial yields held stable at 7.75% and 7.50% respectively.

The defining trend of 2026 is the trajectory from office to retail through the year. Office led Q1 with EUR 134 mln, matching its full-year 2025 contribution, and remains the largest single sector across H1, but did not sustain that pace into Q2, where retail took over as the primary driver of activity. Q1 office volumes were anchored by several deals, including CBRE-advised transactions, like the co-exclusive sale of the @Expo office campus (Atenor to Mondo Development). Retail has drawn both domestic and cross-border capital toward stabilised, income-driven retail parks and value-add assets.

Download the full CBRE Romania Investment Figures Q2 2026 report for a complete breakdown of market trends, development activity, and investment data.