Over the first seven months of 2026, the total investment volume in the Romanian real estate market has already exceeded the level recorded throughout the whole of 2025, according to the Marketbeat Investment H1 2026 report published by Cushman & Wakefield Echinox. Much of the volume was due to the completion of AFI Europe’s acquisition of six retail parks from MAS Real Estate and several smaller transactions. The first half of 2026 recorded a total investment activity of EUR 211.1 million, marking a 46% decrease compared to the same period last year. During the first six months of the year, the office sector accounted for the largest share of investment activity, attracting EUR 138 million, or approximately 65% of the total transaction volume. Following the completion of the EUR 282 million AFI Europe-MAS Real Estate transaction in early July, the second-largest transaction ever completed in Romania’s real estate market, the retail sector regained its position as the most transacted asset class, with a volume exceeding EUR 350 million.