Following a cautious period in 2025, Romania's commercial real estate market is poised for a strong resurgence. Investment volumes, which totaled approximately €525 million in 2025, are projected to soar to €800 million in 2026. This substantial growth is driven by a improving domestic economy and a renewed investor confidence, marking a crucial shift towards proactive acquisition processes rather than simply closing delayed deals.

Romania's Property Market: A Landscape of Growth

The anticipated surge in investment, coupled with an improving economic outlook, suggests favorable price developments for local real estate assets in the second half of 2026. This positive trajectory is a significant indicator for businesses looking to secure commercial spaces, highlighting a market that is not only recovering but actively attracting new capital and development.

Bucharest Office Market: Evolving for the Modern Business

Rising Supply and a Focus on Quality

Bucharest's office sector, after a unique year in 2025 with no new project completions, is set for a substantial increase in supply. Approximately 45,000 sqm of new office space is expected to be delivered this year, with an even more impressive 90,000 sqm projected for 2026. This influx of new inventory provides ample options for businesses seeking modern premises.

A critical trend to note is the widening gap between premium, energy-efficient buildings and older properties. Market interest is increasingly focused on well-positioned, sustainable projects that offer superior amenities and operational efficiencies. For businesses, this means a clear advantage in choosing modern spaces that meet current environmental and employee wellness standards.

Strategic Locations and Vacancy Trends

While the overall office vacancy rate in Bucharest has reached 11.75%, it's crucial to recognize that this figure remains significantly lower for new buildings and popular business hubs. Businesses targeting prime locations will find a competitive market for high-quality spaces, underscoring the importance of strategic planning and timely engagement.

Industrial & Logistics Sector: Meeting Future Demands

Consistent Leasing and Global Interest

The industrial and logistics sector is expected to maintain leasing activity similar to last year, with a notable increase in demand from Asian companies. This sustained interest highlights Romania's growing appeal as a logistics hub and offers diverse opportunities for businesses involved in supply chain and distribution networks.

Navigating Development Costs and Rent Pressure

High construction and financing costs continue to influence the delivery of new industrial spaces, potentially slowing down development. This dynamic is maintaining upward pressure on rents, making well-positioned projects tailored to medium-term tenant needs particularly valuable. Businesses should prioritize facilities that offer strategic access, modern infrastructure, and long-term viability.

Furthermore, developer interest in secondary and medium-sized cities for retail park projects indicates a broader commercial development trend, which often brings improved infrastructure and connectivity that can benefit the logistics sector as a whole. This suggests a growing network of commercial hubs across the country, enhancing distribution capabilities.

Source: property-forum.eu