Romanian investors have acquired nearly EUR 1.8 billion worth of commercial real estate assets in Romania between 2015 and today, accounting for one-fifth of all transactions during this period, a ninefold increase compared to the previous decade, according to Colliers data. Otherwise, according to the most recent numbers, in the first half of 2025, the total real estate transaction volume in Romania slightly exceeded EUR 400 million, just below the level recorded in the same period last year and in line with the post-pandemic semi-annual average. According to Colliers data, between 2005 and 2014, Romanian investors completed real estate transactions worth around EUR 200 million, accounting for less than 4% of the total market during that period. However, over the past decade, domestic investors have significantly strengthened their presence, with transaction volumes nearing EUR 1.8 billion between 2015 and today, representing around 20% of all deals closed in this period. Colliers tracks only transactions above EUR 5 million, noting that many Romanian-led deals tend to be close to this threshold. Office buildings have been the most attractive asset class for Romanian capital, accounting for two-thirds of the total investment volume over the past decade. Trailing far behind are retail properties (around 15% of the total) and hotels (7%). According to the latest market data, commercial property transactions exceeded EUR 400 million in the first half of 2025, marking a slight decrease from the EUR 424 million recorded in the same period of 2024. The retail sector was the most active, generating over 40% of total transaction volume.