Romania Romanian transaction volume registers the highest growth rate
Investment & financeschedule 08 August 2024
Cristi Moga, head of Capital Markets at Cushman & Wakefield Echinox
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According to data from the Cushman & Wakefield Echinox, Romania recorded a 131 pct y-o-y growth of the real estate transaction volume during H1 2024, reaching a level of EUR 418 mln, corresponding to the highest growth rate in the CEE. This significant evolution places Romania third in the region, following Poland and Czechia, surpassing Hungary and Slovakia.
The retail and industrial segments were the main drivers on the local market, accounting for 90 pct of the total volume, while office transactions comprised just 4 pct. The total transactional volume at regional level (Romania, Poland, Czechia, Hungary and Slovakia) reached EUR 3.26 bln in H1 2024, a 40 pct growth compared with the same period of 2023. Poland experienced an increase of 113 pct, while the investment volume in the Czech market saw a 19 pct rise. On the other hand, Hungary witnesse
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