Bucharest, January 28, 2025 – Crosspoint Real Estate, International Associate of Savills in Romania, represented Cordia, a member company of the Futureal group, in the acquisition of an 8,179 sqm plot of land in Bucharest from Bog’Art Place. The land, located in an area with high urban development potential, will allow for the development of a mixed-use complex integrating residential units, commercial spaces, and community facilities. Crosspoint Real Estate acted as the exclusive consultant for the buyer.
The number of land transactions in Bucharest decreased by 13.4% in 2025 compared to the previous year, marking the lowest level in the last seven years, according to data compiled by real estate consultancy firm Crosspoint Real Estate, International Associate of Savills in Romania.
The increasingly limited availability of land and rising development costs partially explain this trend. Another significant factor is the maturing of the residential segment, which remains the main driver of land transactions within Bucharest. This maturity is also evident in the dynamics of home purchases. From the record of over 6,000 individual unit transactions in December 2023 to the steady volumes in 2024, the capital city indicates a real, solvent demand that no longer relies exclusively on cheap credit.
“If in the 2020-2021 period almost any residential project was selling, ANCPI data from 2024 and 2025 show us a much more sophisticated market. For 2026, I anticipate that the competition will be for prime locations,” stated Ionut Stan, Partner, Head of Land Development at Crosspoint Real Estate. “Residential developers who understand these figures are now looking for land that justifies the final price in front of a much more educated client. We are no longer talking about speculative volumes, but about a replacement and upgrade market, which is much more stable in the long term,” added Ionut Stan.
According to the Crosspoint Real Estate analysis, autumn 2025 saw a cooling in the apartment buying frenzy, a sign of market maturity. Buyers are no longer acquiring anything at any price. Thus, for developers, the pressure shifts to the quality of the product and, implicitly, to the quality of the land associated with the project.
“In 2025, the land plots involved in major transactions had smaller areas than the average in previous years, but many were located in key areas of Bucharest, with acquisition values per square meter reaching record levels in some central zones,” explained Ilinca Timofte, Head of Research at Crosspoint Real Estate.
Cordia Centropolitan: A Transaction That Confirms the Trend
An example of a land situated in a key location from Crosspoint’s brokerage portfolio in 2025 is Cordia Romania’s purchase of an 8,179 square meter lot near Bucharest Mall, close to Piața Alba Iulia, a transaction completed in September 2025. On this land, acquired from Bog’Art Place and already holding a construction permit, Cordia started work on Centropolitan, a premium project with 274 apartments and 3,345 sqm of integrated retail spaces.
“This transaction, in which Crosspoint assisted Cordia, perfectly illustrates that residential developers are seeking land with existing urban planning documentation, close to major points of interest in the city, public transport networks, and access to nearby services,” said Mihai Dumitrescu, Partner and Founder of Crosspoint Real Estate. “The size of the land, its location, and the scale of the parties involved rank it among the top largest transactions in our portfolio this year in the land segment, which totals approximately 100,000 square meters,” added Mihai Dumitrescu.
Amid rising prices in 2025, driven by the increasingly limited supply of lots with approved urban documentation, and the increase in taxes for residential properties owned by companies, it is expected that apartment acquisitions as investments will become less attractive in the coming period. In the medium term, this trend may lead to a more cautious approach from residential developers and a longer time to identify suitable land, as purchase value must be aligned with the new market realities, according to the Crosspoint Real Estate analysis.