RSS
Real Estate : Austria, the Czech Republic and Hungary in the top of investors who acquired real estate properties in Romania in 2021
Investors from Austria, the Czech Republic and Hungary are at the top of those who chose commercial real estate properties in Romania in 2021 with approximately a third of the acquisitions, shows an analysis made by Fortim, member of BNP Paribas Real Estate Alliance.
Thus, last year, the Austrian companies bought in Romania real estate assets (offices and retail space) worth 323 million euro, while investors from the Czech Republic invested 173 million euro and those from Hungary 150 million euro. Fourth in the top are domestic investors, through companies with Romanian shareholders which acquired real estate assets worth 119.55 million euro. Among the big Romanian investors who compared to foreign investor are Dedeman and the company One United Properties.
For this year, an investment fund from the Czech Republic analyses the development of a new project, worth some tens of thousands of square metres of offices in Bucharest, in the central area, say the analysis makers.
According to the quoted source, at the level of Europe, in the spring of 2020, the majority of foreign investors postponed their transactions until Europe reopened. During the whole year, until Q1 2021 foreign investments dropped by 38% against the same period of 2020, but later the situation improved.
Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance in Romania is a company for real estate consultancy set up in 2002.