While the total investment volume in Romania’s commercial property sector fell by around 60% to around €500 million in 2023 year-on-year, the average transaction amounted to €21.5 million of the 23 investment deals tracked by Crosspoint Real Estate.
Of all transactions, 10 with a combined value of €300 million were brokered by real estate agencies, while direct deals accounted for the rest.
Crosspoint has worked on several deals last year, including the acquisition of two buildings in Bucharest by the Carol Davila University of Medicine and Pharmacy and the sale of industrial spaces owned by SFC Solutions Automotive. Furthemore, the agency was a sell-side consultant in the sale of a commercial spaces portfolio to a local private buyer.